Freddie Mac pushes back ULDD Phase 3 soft launch

Data quality. Blend using artificial intelligence to improve mortgage processing. Freddie Mac pushes back ULDD Phase 3 soft launch Freddie Mac is delaying the soft launch of its Phrase 3 updates to the Uniform Loan Delivery Dataset by a week. Mortgage technology Bonnie Sinnock February 26, 2018.

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ULDD Phase 3 Announcement Fannie Mae and Freddie Mac (the GSEs) are providing an update to Phase 3 of the Uniform Loan Delivery Dataset (ULDD), as a follow up to our January 10, 2019 announcement. The GSEs are clarifying updates to existing ULDD data points, as described below.

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uldd phase 3 specification release. december 13, 2016. The Uniform Loan Delivery Dataset (ULDD) is the common set of loan delivery data standards under the Uniform Mortgage Data Program (UMDP) required by Freddie Mac and Fannie Mae (the GSEs) for single-family loan deliveries.

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SUBJECT: SELLING UPDATES. Freddie Mac systems. To address Seller feedback, we are updating Section 5501.3 to specify that any cash back to the Borrower from the proceeds of a subject "no cash-out" refinance Mortgage is not an eligible source of funds

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Freddie Mac has provided a follow up to clarify the delivery of Closing Cost and Down Payment data points, among other updates, under the Uniform Loan Delivery Dataset (ULDD) phase 3. additionally, the ULDD Phase 3 specification was updated to provide guidance for mapping certain Uniform Loan Application Dataset (ULAD) data elements to ULDD.