Supplemental Consumer Information Form Updates
At the direction of the Federal Housing Finance Agency (FHFA), Freddie Mac and Fannie Mae (the GSEs) announced on May 3, 2022, that the Supplemental Consumer Information Form (SCIF Freddie Mac/Fannie Mae Form 1103) will be a required document in the loan file for new conventional loans sold to the GSEs with application dates on or after March 1, 2023.
Although the GSEs previously communicated that the SCIF is not required, we are making this change to facilitate the collection of borrower preferred language, applicable homeownership education and housing counseling details. Each GSE published their respective Single-Family Seller/Servicer Guide (Guide) Bulletin/Lender Letter formalizing this change today.
Also today, the GSEs have published updates of the five translated versions (Spanish, traditional Chinese, Vietnamese, Korean, and Tagalog) of the SCIF form on the GSE’s respective multi-language and URLA web pages. These documents are available on FHFA’s Mortgage Translations clearinghouse.
In the May 3 announcement, each GSE shared details about updated conditionality and additional SCIF data points that will be in their next versions of AUS specifications targeted for publication in the third quarter of 2022.
Borrower Preferred Language
The following table illustrates one minor correction to the conditionality updates outlined in the May 3 announcement. The conditionality details for the data point ulad:LanguageCodeOtherDescription should read IF LanguageCode = “zxx” OR exists.
AUS Specification Changes |
|||||
SCIF Form Field ID |
LPA | DU UIDs |
MISMO v3.4 XPath |
Data Point + Enumerations |
Cond |
Cond Details |
SC3.b
|
473.00 | 1.0182
|
MESSAGE/DEAL_SETS/
DEAL_SET/DEALS/DEAL/
PARTIES/PARTY/
LANGUAGES/LANGUAGE/
EXTENSION/OTHER/
ULAD:LANGUAGE_EXTENSION
|
ulad:Language
CodeOther
Description
|
C
|
IF LanguageCode = “zxx”
|
Lenders should continue to follow the current published version of the respective GSE’s AUS specifications for submitting information on the SCIF to their AUS until the updated specifications are published and their AUSs are updated. Lenders are invited to begin submitting the updated data in the loan submission files at any time.
Additional Information
If you have questions about the SCIF, or supporting documents, please visit the URLA/ULAD web page or email [email protected].