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CPM Certification ID 

The CPM Certification ID is the unique serial number assigned each time a lender completes a Full Review certification in Condo project Manager (CPM). This ID must be delivered in your ULDD XML file (sort ID 49.1) for all lender certified condo projects (classification = R or S) as part of the ULDD Phase 5 mandate. Loan Delivery will enforce a fatal edit if its field is missing or does not match CPM.

Note: The CPM Certification ID cannot include the Project phase ID which is provided when certifying a specific phase.

The CPM Certification ID must be provide in Loan Delivery for the following project types:

  1. Type-R Condo: Full Review (with CPM) - New Condo Project.

  2. Type-S Condo: Full Review (with CPM) - Established Condo Project.

Importance of Certification ID

The Certification ID, a unique serial number assigned each time a lender completes a Full Review certification, plays a vital role in:

1. Traceability: Links each loan to the exact lender certification event in CPM, ensuring auditability and compliance.

2. Data integrity: Prevents mismatches between CPM and Loan Delivery, satisfying requirements at delivery.

3. Promoting compliance: Satisfies ULDD Phase 5 data requirements for condo project reviews.

Steps to Obtain CPM Certification

To obtain the Certification ID from the CPM, follow these steps:

1. Access the CPM application: Use your credentials to log in to CPM.

2. Search for the project: Use the search functionality in CPM to locate the correct condominium project.

3. View certification screen: The Certification ID appears on the project screen and in the downloadable PDF.

 

CPM Certification Process for Third-Party Originators (TPOs)

Third-Party Originators (TPOs), include correspondent lenders and mortgage brokers, may be involved in originating loans that require CPM certifications. The process for submitting these certifications varies based on the TPO's access to CPM and the role of the aggregator.

TPO Access to CPM

  • Correspondent Lenders: May request direct access to CPM via Fannie Mae's Technology Manager.
  • Mortgage Brokers: Do not have direct access to CPM. Certifications must be submitted through the aggregator.

Certification Submission

  • If the TPO has CPM access:
    • They certify the condo project or phase directly in CPM.
  • If the TPO does not have CPM access:
    • The agrgregator is responsible for submitting the CPM certification on behalf of the TPO.

Aggregator Responsibilities

  • Ensure all required CPM certifications are collected and submitted.

Refer to the Correspondent's Toolkit for further guidance.

Additional Resources

To access these resources on the CPM Homepage, select 'Home Center' from the navigation menu: