Home Single-Family News Center ULDD Phase 5 (5.1.0) Specification Release May 20, 2025 ULDD Phase 5 (5.1.0) Specification Release We’re updating the ULDD to provide further guidance on Phase 5 data implementations based on feedback. Download announcement Recent News November 5, 2025 Announcement SEL-2025-09: Selling Guide Updates November 3, 2025 Testing Availability for UAD Compliance Rules Severity Level Changes October 29, 2025 Fannie Mae Reports Net Income of $3.9 Billion for Third Quarter 2025