Compliance News

Read current news from a range of industry related categories.

January 10, 2019

Freddie Mac ULDD Phase 3 Reminder

Today, we’re reminding Sellers about collecting the Uniform Loan Delivery Dataset (ULDD) Phase 3 data for loans with an Application Received Date on or after  January 1, 2019, and delivered on or after the May 20, 2019 mandate.  In addition, the announcement informs Sellers that Freddie Mac and Fannie Mae (the GSEs) are working together to determine how to address industry concerns about the collection of closing cost and down payment data. Further updates related to these data points will be provided by the end of Q1 2019.

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