Uniform Closing Dataset
UCD Phase 3 critical edits transition
Uniform Closing Dataset (UCD) Phase 3 critical edits were implemented in production as warning-to-fatal severity on Nov. 7. We encourage lenders and technology service providers to review feedback messages and prepare now before the Phase 3 critical edits turn fatal on May 1, 2023.
Read the Latest Announcement
Access Critical Edits Transition Resources
Read the updated UCD Release Notes
Part of the Uniform Mortgage Data Program® (UMDP®), the Uniform Closing Dataset (UCD) is an ongoing effort by Fannie Mae and Freddie Mac to provide a common industry dataset supporting the Consumer Financial Protection Bureau’s (CFPB) Borrower Closing Disclosure.
What's New
UCD Critical Edits Phase 3: New Resources Available
Fannie Mae and Freddie Mac (the GSEs) published new and updated Uniform Closing Dataset (UCD) critical edits resources to help lenders and software partners/technology solution providers prepare for Phase 3. The Phase 3 UCD critical edits mandate is quickly approaching. On May 1, 2023, specified edits in each GSE’s UCD collection solution will convert from “warning” to “critical/fatal.” As a reminder, the UCD critical edits transition is designed to improve data quality and consistency for single-family loans that the GSEs purchase.
UCD Highlights
Questions?
Frequently Asked Questions
UCD Specification
Below are the resources required to implement the UCD XML file.
Integration Impact Memos
- Quick Guide for UCD Enhancements | Oct. 12, 2022
- UCD B2B Gateway Cloud Migration Integration Impact Memo | July 13, 2022
- UCD Critical Edits Updates – Phases 1 and 2 | Dec. 2, 2021
Related Links
- CFPB's TILA-RESPA Integrated Disclosure Rule Implementation
- Joint GSE UCD Critical Edits Phase 3 Feedback Message Mapping
- Technology Integration
- UCD Critical Edits Matrix
- UCD Critical Edits – Implementation Guide
- UCD Test Environment
- UMDP Disclaimer and Limitation on Liability
- Uniform Mortgage Data Program (UMDP)
