At the direction of the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the GSEs) announced in June 2019 that the optional use period for the redesigned Uniform Residential Loan Application (URLA) and automated underwriting system (AUS) implementations would be postponed.  FHFA has now directed the GSEs to make specific modifications to the URLA form. To allow industry participants time to make the necessary changes, FHFA and the GSEs will be extending the deadlines for implementation of the URLA and AUS datasets; the mandatory use of the redesigned form and data will no longer begin on February 1, 2020.

The GSEs will make the following changes to the redesigned URLA form:

  • The following questions will be removed from the redesigned URLA form. Instead, a voluntary consumer information form, which will not be part of the URLA form, will be developed to collect this information.
    • The Language Preference question (Borrower Information, Section 1a.) 
    • The Homeownership Education and Housing Counseling question (Lender Loan Information, Section L5.) 
  • In the Borrower Information, Section 6: Acknowledgments and Agreements, the statement on “Use and Sharing of Information" will be revised to address specific uses of borrower data.
  • The Military Service question (Borrower Information, Section 1a.) will be moved to a new section adjacent to Section 7: Demographic Information.
  • Minor edits for consistency and usability will be made throughout the URLA form.

The GSEs and FHFA will assess the impact of these changes to the timeline and will provide more information about the new implementation dates as soon as it is available.

Please send questions or concerns to [email protected] or [email protected]. The GSEs will compile questions and other feedback for discussion with FHFA and will address questions as the project evolves.

For More Information

Visit our URLA/ULAD web page.