Uniform Closing Dataset
Prepare for the UCD critical edits transition
Starting May 2021, Fannie Mae will implement a two-year transition to convert a select number of edits in the Uniform Closing Dataset (UCD) collection solutions from “warning” to “critical/fatal.” We’re offering the following resources to help prepare for the industry-wide transition:
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.
Below are the resources required to implement the UCD XML file.