Uniform Closing Dataset (UCD) Phase 3B Transition to Critical in Loan Closing Advisor^® on November 6

The Uniform Closing Dataset (UCD) Phase 3B edits transition from warning to critical in Loan Closing Advisor® today. Freddie Mac and Fannie Mae (the GSEs) have released a joint industry announcement to inform industry participants that the UCD Phase 3B edits transitioned to critical. Further information about the UCD Critical Edits Phase 3B is provided below.

• Joint GSE Announcement
• Loan Closing Advisor Resources Related to UCD Critical Edits
  • Resolving Top Firing Loan Closing Advisor Fee Edits Job Aid – New 
  • Loan Closing Advisor UCD Critical Edits Phase 3 Training Module 
  • Loan Closing Advisor Feedback Message Codes and Text

• Available UCD Resources

  Resources are available on the Freddie Mac UCD webpage to help you meet the requirements:

  • UCD FAQs - Updated
  • UCD Critical Edits Matrix v6.02 
  • Joint GSE UCD Phase 3 Critical Edits Feedback Message Mapping Document v2.4.2 - Updated 
  • Joint GSE UCD Phase 3 Critical Edits job aids:
    • Fees Escrows 
    • Taxes and Other Government Fees 
    • Prepaids 
    • Loan Discount Points and Lender Credits

For more information on the UCD critical edits transition, visit the Freddie Mac UCD webpage. Please contact your Freddie Mac representative for assistance or submit your questions to [email protected].