URLA/ULAD FAQ

The URLA (also known as the Freddie Mac Form 65/Fannie Mae Form 1003) is a standardized document used by borrowers to apply for a mortgage. The URLA is jointly published by the GSEs and has been in use for more than 40 years in all U.S. states and territories.

The loan application relationship exists between the applicant(s) and the lender. The GSEs do not prescribe how the lender should interact with applicants or obtain loan application data.

No, the GSEs do not require a Loan Originator signature in “Section 9: Loan Originator Information” of the URLA. The Loan Originator Information was added to the URLA to assist lenders with their regulatory reporting requirements. Lenders should review any applicable state or federal legal requirements regarding a Loan Originator’s signature on the URLA.

The length of the redesigned URLA will vary depending on the number of borrowers, the type of loan, and the type of transaction. The form allows borrowers to indicate which sections of the application may not apply and which may also impact the page length. The URLA Rendering Design Options Document provides additional formatting guidance for software providers and lenders to tailor production of the form according to their system capabilities.

The GSEs recommend that the interactive URLA components be downloaded and then opened using a PDF document reader such as Adobe Acrobat Reader or Adobe Acrobat Pro^®. If the forms are opened within a web browser, the fillable PDF fields may lose some functionality and as a result, not perform as designed. The URLA was created using Adobe Acrobat 7 Pro, which was released in 2005. Updated versions of Adobe Acrobat software should be compatible with the URLA.

The GSEs have published the following supporting documents to their respective URLA webpages:

• URLA Rendering Design Options - guidance for rendering the updated interactive appearance and functionality of URLA components.
• URLA Instructions - directions for completing new URLA form fields and clarifying existing usage.
• ULAD Mapping Document - ties each data field on the URLA to its equivalent data point(s) in the Mortgage Industry Standards Maintenance Organization Reference Model Version 3.4 (MISMO^® v3.4). ULAD is not a specification but can be used to familiarize organizations with the standard MISMO terms used to support the URLA.
• Translation Aids - non-executable versions of Form 65 / Form 1003 and translation aids in Spanish, traditional Chinese, Vietnamese, Korean and Tagalog are available on our Multi-language Resources for Lenders and other housing professionals webpage.

The AUS specs define the requirements that must be used to create the loan application submission files for each GSE’s AUS. Each GSE has published data specifications for their AUSs using the MISMO v3.4 Reference Model. The Freddie Mac LPA Specification replaces the legacy specification, which was based on MISMO 2.X or a flat file. The request file requirements for Loan Product Advisor are available on the URLA/ULAD website under the Technical Resources webpage.

Yes, the list of Freddie Mac-approved software providers is available on our Software Partners webpage.

While the ULAD Mapping Document provides a useful cross-reference from the form fields on the URLA to the data in the MISMO v3.4 data dictionary, each GSE’s AUS spec includes all the business requirements governing when the data must be included in an AUS Request file (e.g., conditionality, cardinality, implementation notes). The GSEs’ specifications are aligned as much as possible but continue to differ based on each GSE’s unique credit and underwriting policies. Information collected on the URLA will be submitted to each GSE’s AUS based on their respective AUS specs, not the ULAD Mapping Document.

The GSEs recommend you download the full list of schema (XSD) files from mismo.org. Download the Freddie Mac LPA Schema Extension and the ULAD v3_4 Extension files from either the Freddie Mac Developer Portal or the Freddie Mac URLA/ULAD Technical Resources webpage.

Lenders and service providers will continue to comply with the data requirements set forth in the UCD and ULDD specifications on the GSEs’ webpages. The GSEs identified and analyzed equivalent data points across LPA/DU, UCD, and ULDD with the understanding that the purpose and lifecycle stage of each dataset may have intentional data differences across datasets. Each Uniform Mortgage Data Program (UMDP) dataset is in a different MISMO version (ULDD – v3.0 | UCD – v3.3 | LPA/DU – v3.4). The UAD is transitioning from v2.6 to v3.6 and new or updated property data has been included as part of ULDD Phase 5. As the UAD transition continues, property data in other datasets may also be updated to align. Continue to contact your account representatives with any questions and periodically review the GSEs’ dataset webpages for any updates.

The SCIF is intended to help lenders capture homeownership education, housing counseling, and borrower language preference information. The form is divided into two sections—the Homeownership Education and Housing Counseling section and the Language Preference section. The Homeownership Education and Housing Counseling section may be completed by the lender or borrower(s). The Language Preference section may be completed or left blank by the borrower(s) at their option.

Yes, the lender must present the SCIF to at least one borrower on the loan application for all conventional loans sold to the GSEs. For loans with multiple borrowers, the lender may determine whether to present the SCIF to more than one borrower; however, if more than one borrower completes a SCIF, all completed SCIFs must be retained in the loan file.

Yes, lenders must ensure a copy of the SCIF associated with at least one borrower is included in the loan file for all conventional loans sold to the GSEs.

The lender determines when the SCIF is presented to the borrower(s) during the loan application process but any information included in the SCIF must be submitted in each GSE’s AUS loan application submission file.

One copy of the SCIF must always be provided in the loan file. In cases where the language preference question has not been completed by the borrower and homeownership education and housing counseling are not required by the loan program, the SCIF would include only the loan identifier and the borrower’s name.

Prior to closing, the borrower(s) or the lender should complete the Homeownership Education and Housing Counseling section as information is made available from the borrower(s). Lenders should use the most recent homeownership education or housing counseling certificate or verification of completion document (within 12 months of closing) when:

• The loan offered to the borrower(s) requires homeownership education or housing counseling session(s), OR
• The borrower(s) voluntarily discloses completion of a homeownership education or housing counseling session, even if not required by the loan program.

Refer to the SCIF Instructions for more detailed guidance.

Yes, any homeownership education or housing counseling information provided by the lender or borrower(s) on the SCIF(s) must be included in the GSE’s AUS loan application submission files.

Completion of the Language Preference section is voluntary for the borrower(s). The borrower(s) may respond with a language preference, select “I do not wish to respond,” or elect to leave the section blank. The lender may not require a borrower to select “I do not wish to respond” if the borrower wishes not to answer the question and should accept the answer the borrower provides. The lender must not answer for the borrower(s).

Yes, the lender must include all language preference responses provided by the borrower(s) on the SCIF(s) in the GSE’s AUS loan application submission files. If the borrower(s) does not provide a language preference on the SCIF and leaves the question blank, no preferred language data points should be submitted. Loan Origination Systems may not default to any values for the preferred language data point in the absence of a response, including “I do not wish to respond.”

The GSEs have published the following supporting documents to their web pages:

• SCIF in English
• Numbered SCIF — numbered form fields are cross-referenced in the GSEs’ AUS specifications to their supporting data points.
• SCIF Instructions — guidance on how to complete and use SCIF fields.
• SCIF Rendering Options — guidance for changing the appearance and functionality of the interactive (fillable PDF) SCIF.
• Translation Aids — non-executable versions of Form 1103 translated from English to Spanish, traditional Chinese, Vietnamese, Korean, and Tagalog are available on each GSE’s Multi-language Resources for Lenders web pages.

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:

• The complete dataset for the URLA Form (ULAD Mapping Document).
• Each of the updated AUS specs from Freddie Mac and Fannie Mae.
• USDA Guaranteed Underwriting System (GUS) Specification MISMO v3.4.
• Other origination-oriented data deemed relevant by the workgroup.

iLAD replaces the many peer-to-peer data exchanges that historically utilized the Fannie Mae 1003 Flat File. Future enhancements may include other government agency (i.e., FHA and VA) specifications for their use of the new URLA data when available. The iLAD data set is available and posted on the MISMO website at iLAD Dataset. Anyone interested in participating in this collaborative, industry-wide effort should send an email with the subject line, "Join Loan Application Data Exchange Development Workgroup" to [email protected]. More information about the iLAD Development Workgroup and other MISMO workgroups is available at mismo.org.

The iLAD is a “superset” of loan application data based on MISMO v3.4 that includes all the data in the ULAD Mapping Document and the GSE AUS Specifications. iLAD also includes additional origination data points requested by the industry that may be needed for exchange of loan information. iLAD is agnostic to investor and business processes so it does not include conditionality (rules) and cardinality (acceptable number of data repetitions). For this reason, users of the GSEs’ AUSs must use the DU and LPA specs to find and comply with submission file requirements.

Effective March 1, 2022, the GSEs’ AUSs will no longer underwrite any loans in legacy AUS formats (for Fannie Mae MISMO v2.3.1 or 1003 Flat File and for Freddie Mac v2.4), regardless of start date or original AUS submission date. The project is not officially over. Each GSE continues to:

• Answer lender and service provider questions sent to their ULAD mailboxes ([email protected] and [email protected])
• Update their AUSs as part of the normal product update process
• Make every attempt to align on requirements for new and updated data

Changes in the mortgage industry and the regulatory environment led the GSEs to reassess the information obtained at the time of loan origination. The URLA/ULAD initiative had the following objectives:

     a) Update the URLA form to collect loan application information that is relevant and useful to the industry in making a loan underwriting decision, as well as update the physical format and layout to enhance the collection of information and usability of the form.

     b) Develop and publish a corresponding standard dataset to support the URLA. The ULAD Mapping Document provides a cross reference for every field on the redesigned URLA to the equivalent data point(s) in the MISMO Version 3.4 Reference Model.

     c) Publish GSE-specific AUS specs for DU and LPA updated to MISMO v3.4 and include the new URLA data fields.

The GSEs began by interviewing a group of lenders and software providers to understand the current loan origination process and data flow, and to assess how the URLA is used today. This was followed by meetings with the government housing agencies (Federal Housing Administration (FHA), Veterans Affairs (VA), and U.S. Department of Agriculture – Rural Development (USDA-RD)) to understand their data needs. From this research, the project team drafted the first version of the redesigned URLA.

The project team continued to expand outreach to other lenders, software providers, Ginnie Mae, Consumer Finance Protection Bureau (CFPB), mortgage insurance companies, the trade associations, housing advocates, and consumer groups to obtain feedback on the several iterations of the proposed redesigned URLA and the associated AUS specs. All feedback was reviewed by the project team, and most was incorporated into subsequent versions of the redesigned URLA.

Later drafts of the redesigned URLA underwent eight rounds of extensive usability testing with borrowers, mortgage loan processors, underwriters, and loan officers. The project team also provided previews of the redesigned URLA at various industry meetings and conferences.

The GSEs serve the entire mortgage industry from the smallest bank to the largest, most sophisticated lending and servicing operations. We heard from many small to midsize lenders and credit unions that still need a paper form to collect and present loan application information from and to the borrower.

The GSEs do not intend to require a lender to repurchase a mortgage loan started before the mandate date solely due to the lender’s use of the legacy AUS data format with the redesigned URLA (and vice versa). However, it is a lender’s responsibility to ensure the data used to underwrite and determine eligibility is accurately reflected in the transaction, and that the lender has otherwise complied with the terms of their contracts with the GSEs. Lenders must apply all policies that may or may not be represented on the new vs. old URLA form and included or not included in either of the GSE's data file formats: MISMO^® v2.3.1, v2.4, v3.4, or the RLD 1003, v3.2 (1003 Flat File).

No, there is no “purchase by” date for seasoned loans in the legacy AUS formats to be delivered to either of the GSEs’ selling/delivery systems (Fannie Mae Loan Delivery / Freddie Mac Loan Selling Advisor^®). Loans are subject to all committing and delivery requirements for each respective GSE.

In order to support the redesigned URLA, many modifications were necessary to MISMO v3.3, which were incorporated into MISMO v3.4. If MISMO v3.3 had been selected, extensive use of EXTENSIONS would have been necessary.

The Federal Housing Finance Agency (FHFA) determined that the redesigned URLA is not the appropriate vehicle to collect data on a borrower’s preferred language or information on housing counselling. This information is now collected on the SCIF form. The data collected on the URLA is based on two principles:

      a) Information that is most relevant and useful in making a loan underwriting decision; and

      b) Data that is statutorily required to be collected at application (e.g., demographic information required by the Home Mortgage Disclosure Act [HMDA]).