UMDP FAQ
Disclaimer
This information is not a replacement or substitute for the requirements in the Freddie Mac Single-Family Seller/Servicer Guide and other Purchase Documents.
General Uniform Mortgage Data Program
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- What does it mean that Freddie Mac and Fannie Mae are "working together"?
- How does the UMDP enhance data accuracy and quality?
- What is MISMO?
- Will the GSEs share lender-specific information with each other?
- How do lenders benefit from the requirement to transmit additional loan data, which will likely require a significant resource investment for them to implement?
- How are the data standards aligned, coordinated, and governed?
- Will the aligned data standards continue to apply once the GSEs emerge from conservatorship?
- Is the UMDP a signal that FHFA expects or supports combining the GSEs into a single entity?
- How do Fannie Mae and Freddie Mac use the data that is collected under the UMDP?
- Who should lenders contact if they have questions about the UMDP and its initiatives?
UMDP Programs
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- What are the programs or components of the Uniform Mortgage Data Program (UMDP)?
- What is the ULAD?
- What is the UAD?
- What is the UCDP?
- Are lenders required to deliver appraisal data to both GSEs?
- Do both GSEs accept the same electronic file format for delivering appraisal report data?
- What is the Uniform Closing Dataset?
- How are the GSEs planning to capture the data included in the UCD?
- What is the ULDD?
- Do the GSEs have the same file and data requirements for the ULDD?