The Uniform Loan Delivery Dataset (ULDD), part of the Uniform Mortgage Data Program (UMDP), is the common set of data elements required by Fannie Mae and Freddie Mac for single-family loan deliveries.
What is a ULDD file?
The Uniform Loan Delivery Dataset (ULDD) supports the work to implement uniform data standards and defines the data that we require at loan delivery based on loan type, loan feature or other business requirements.
What is the ULDD appraisal ID?
The Appraisal Identifier is the Document File Identifier (Doc File ID) that you receive from the UCDP. Please make sure the Appraisal Identifier in the selling system matches the Doc File ID in the UCDP and that the UCDP submission receives a “successful” status.
What is a FNMA 1003?
The 1003 loan application, or Uniform Residential Loan Application, is the standardized form used by most mortgage lenders in the U.S. It is required by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac) for mortgages that they purchase from lenders.
What is ULDD investor feature ID?
Refinance Mortgages with special characteristics If available, enter ULDD Data Point Related Investor Loan Identifier (Sort ID 221). This is the 9-digit Freddie Mac-supplied number assigned to the original Mortgage by the Seller when the Mortgage was initially sold to Freddie Mac.
What is a universal loan identifier?
The Universal Loan Identifier (ULI) is a unique number of 23 to 45 characters that begin with your Legal Identity Identifier. Financial institutions can go to the Global LEI Foundation website, to obtain an LEI.
Do mortgage lenders verify your marital status?
Do mortgage lenders verify your marital status? Mortgage lenders can, however, ask and verify your status. While federal law prohibits mortgage lenders from discriminating again you based on your marital status, you must disclose whether you are married and provide information about dependents and divorce.
What is a special feature code?
Introduction to Special Feature Codes (SFCs) The Fannie Mae Selling Guide requires sellers to include specific Special Feature Codes (SFCs) as part of the delivery for certain mortgage loans. If a seller fails to identify or incorrectly identifies applicable SFCs, Fannie Mae may impose a compensatory fee.
Where can I find the universal loan identifier?
Universal Loan Identifier (ULI) and § 1003.4(a)(1) The check digit tool can be found at For general information on the ULI, see section 5.2 of the HMDA Small Entity Compliance Guide , and Regulation C, 12 CFR § 1003.4(a)(1)(i).
What is a loan identifier?
The ULI is a unique number assigned by a financial institution to a loan or application; it can be up to 45 characters in length.
When was Fhlmc created?
1970
Freddie Mac/Founded
What Is Freddie Mac? As we mentioned earlier, Freddie Mac is not an actual person but is instead a variant of the initials of the company’s full name, the Federal Home Loan Mortgage Corporation or FHLMC. Freddie Mac was created in 1970 as part of the Emergency Home Finance Act.
What is the new ULDD specification?
Freddie Mac and Fannie Mae (the GSEs) have updated the Uniform Loan Delivery Dataset (ULDD) specification for the retirement of the Constant Maturity Treasury (CMT) indexed adjustable-rate mortgages (ARMs). The GSEs will not purchase any CMT-indexed ARM with an Application Received Date of July 1, 2021 or later.
Does Fannie Mae support 1003 flat file?
Fannie Mae no longer supports the 1003 Flat File. The GSEs are participating in and supporting the MISMO Loan Application Data Exchange Development Workgroup (iLAD) that has created and is maintaining an industry standard for data exchange of loan application information. This dataset includes the data points for the following:
Where can I find ULDD Phase 3 data requirements and implementation notes?
• For a complete listing of the ULDD Phase 3 data requirements (including implementation notes), refer to the Complete ULDD tab 3.6tab • The data point revisions are noted on the Revision History-3 tab. Appendix A Contents
Is the legacy form 1003/du still used?
The legacy Form 1003 may no longer be used for new loan applications. Effective May 1, 2021, any new loan applications using the legacy Form 1003/DU file format will receive an Out of Scope or Error recommendation and will not be underwritten by DU. Any existing loans in the legacy 1003 3.2 or MISMO V. 2.3.1 formats may remain in legacy format.
