April 11, 2023

UCD critical edits Phase 3 will transition as two subsets

Fannie Mae and Freddie Mac (the GSEs) are announcing changes to the Uniform Closing Dataset (UCD) critical edits Phase 3 transition timeline. The GSEs are dividing the Phase 3 critical edits into two subsets: 3A and 3B. Phase 3A edits will transition to critical/fatal as planned on May 1, 2023. The second subset of edits, Phase 3B, will transition to critical/fatal on Nov. 6, 2023. The critical edit transition date for Phase 4 has been deferred.