Uniform Loan Delivery Dataset
The Uniform Loan Delivery Dataset (ULDD) supports the work to implement uniform data standards and defines the data that we require at loan delivery based on loan type, loan feature or other business requirements.
Business Resources
ULDD data is granular, standardized, and has clear definitions, providing sellers with a common understanding of the meaning of each data point. The result is greater transparency, which helps sellers gain a better understanding of our assessment of mortgage risk and purchase requirements on loans they sell to us.
ULDD Revisions
The ULDD Revisions webpage is designed to assist you with loan delivery requirement revisions to ULDD since the last publication. The revisions include ULDD specification updates and ULDD impacts that were previously communicated in Single-Family Seller/Servicer Guide (Guide) Bulletins. The webpage will be updated periodically.
September 12, 2023 - ULDD Publication
ULDD Phase 4a Update
Freddie Mac is providing updates to existing ULDD Phase 4a data points (i.e., enumerations, implementation notes, conditionality, and conditionality details).
ULDD Phase 5
The Phase 5 updates add new data points and updates to existing data points to support the Enterprise Credit Score and Credit Reports Initiative, alignment with the new redesigned UAD 3.6 and business critical requirements.
The following resources are available to help you with the implementation of ULDD:
- ULDD Announcementpdf
- ULDD Supporting Documentation Updatespdf
- Appendix Dxlsx
- Summary of ULDD Phase 4a Updates and Phase 5 Specificationpdf
- Freddie Mac ULDD Learning Help Page
Implementation Timeline
Additional Resources
Technical Resources
The following resources provide the technical documentation that Freddie Mac-approved Sellers and vendors need to implement Freddie Mac's loan delivery data requirements:
Announcements
2023
- December 19, 2023pdf – ULDD Phase 5 Supporting Documentation Updates
- September 12, 2023pdf – ULDD Phase 4a Updates and Phase 5 Specification Release
2022
- April 26, 2022pdf – ULDD Phase 4a Supporting Documentation Updates
2021
- December 14, 2021pdf – ULDD Phase 4a Specification Release
- June 8, 2021pdf – ULDD Updates for CMT-indexed ARMs Retirement, Implementation Notes and Enumerations
2020
- December 1, 2020pdf – Updates to Support ULDD LIBOR to SOFR ARM Index Transition, Condo Delivery and Home Possible® Mortgage
- April 21, 2020 – ULDD Updates Supporting SOFR ARM Index Transition
2019
- May 30, 2019 – ULDD Update Further Aligns GSE Specifications
- May 14, 2019pdf – ULDD Phase 3 Announcement
- January 10, 2019 – ULDD Phase 3 Reminder
2018
- July 10, 2018pdf – ULDD Phase 3 Update
- February 26, 2018 – ULDD Phase 3 Loan Selling Advisor Updates Deferred Until March 5
- February 21, 2018 – ULDD Phase 3 Reminder & Updates
- January 30, 2018pdf – ULDD Phase 3 Mandate and Application Received Dates
2017
- November 7, 2017pdf – ULDD Phase 3 Updates and Guidance
- June 27, 2017pdf – ULDD Phase 3 Addendum Updates
- March 28, 2017pdf – ULDD Phase 3 Update Announced
2016
- December 13, 2016pdf – ULDD Phase 3 Announced
2013
- November 29, 2013 – GSE Publish ULDD Phase 3 Preview Specification
- August 22, 2013 – ULDD Phase 2 Preparation Tips, Specification Update, and More
- May 20, 2013 – Preparing for the Phase 2 ULDD
2012
- December 13, 2012 – GSEs Publish Phase II ULDD Specification
- July 20, 2012 – Guide Bulletin 2012-15 Announcement and ULDD Reminders
- March 23, 2012 – Prepare for April 23 Loan Selling Advisor Update
- February 17, 2012 – Take Full Advantage of the Loan Selling Advisor CTE Now
Uniform Loan Delivery Dataset (ULDD) - Revisions
Most Recent Updates as of March 5, 2025
The Uniform Loan Delivery Dataset (ULDD) revisions webpage is designed to assist you with loan delivery requirement revisions to ULDD since the publication of the last Appendices A and D on September 12, 2023. These revisions include ULDD specification updates and ULDD impacts that have been previously communicated in the Single-Family Seller/Servicer Guide (Guide) Bulletins.
The information on this webpage will be removed once the revisions have been incorporated into Appendices A and D.
The ULDD revisions are listed in the tables below. These tables identify the communication date and Guide Bulletin number if applicable, Sort ID, Data Point Name, Revision Effective Date, a description of the change, and the ULDD column(s) that have been revised (text being removed will be displayed in red strikethrough, text being added will be displayed in blue).
Revised ULDD Data Points
Toggle all accordion sections
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March 5, 2025
March 5, 2025 – Bulletin #2025-3
Sort ID
Data Point Name
Revision Effective Date Revision Description
FRE Conditionality Details
Revision for FRE Implementation Notes
243
Shared Equity Indicator March 5, 2025
Guide Section update. Required for all loans Values: Enter "false" unless the Mortgage is a shared equity Mortgage that meets the requirements of Guide Section 4204.4 5.403.1
Loan Identifier July 28, 2025
Added Implementation Notes. IF Sort ID 403.2-LoanIdentifierType = "UniversalLoan" Values: Enter the Universal Loan Identifier (ULI) 403.2
Loan Identifier Type July 28, 2025
Updated Conditionality to require the Universal Loan Identifier (ULI) pursuant to HMDA Reporting and availability at loan delivery. IF applies FRE Conditionality: If required pursuant to HMDA Reporting and available at loan delivery. 515.1
Initial Principal And Interest Payment Amount March 5, 2025
Guide Section update. IF Sort ID 315-LoanPurposeType = "Purchase" AND Sort ID 513-HELOCIndicator = "false" AND Sort ID 513.1-LoanAffordableIndicator = "true" Values:
- Enter the dollar amount of the principal and interest payment as stated on the Note for the related loan.
Enter "0" for Affordable Seconds® meeting the requirements of Guide Section 4204.2(a)(iii
v), where the principal and interest payment on the related loan is not due for the first five or more years following the Note Date.
576
Counseling Confirmation Type March 5, 2025
Added Implementation Notes for HeritageOne® Mortgages. IF Sort ID 611-PartyRoleType = "Borrower" AND (EITHER Sort ID 545-LegalEntityType does not exist OR Sort ID 546-LegalEntityTypeOtherDescription = “LivingTrust”) AND Sort ID 238-LoanAffordableIndicator = "true" OR IF applies Values:
- Enter the applicable value as required for Home Possible® Mortgages, HomeOne®
SMMortgages, HeritageOne® Mortgages, loans where all Borrowers have Noncredit Payment References, or as required in Seller's negotiated term. When required, at least one Borrower on themMortgageloanmust complete homeownership education prior to loan closing. - For Home Possible® Mortgages and HeritageOne® Mortgages, when required, at least one occupying Borrower on the
mMortgageloanmust complete homeownership education prior to loan closing. - Enter "Other" if the Borrower did not participate in required counseling, or if the counseling was provided by a mortgage insurance company or a nonprofit organization such as a non-profit Community Development Financial Institution (CDFI).
- Enter "GovernmentAgency" if the Borrower completed Freddie Mac's online CreditSmart® Homebuyer U tutorial OR if the homeownership education was provided by a Housing Finance Agency (HFA), OR if the homeownership education was provided by a for-profit Community Development Financial Institution (CDFI).
- Enter “HUDApprovedCounselingAgency” if the Borrower completed homeownership education that was provided by a HUD-approved nonprofit counseling agency.
- Do not enter “LenderTrainedCounseling”.
- Enter “NoBorrowerCounseling” if the Borrower is not required to participate in homeownership education, such as for a refinance transaction.
578
Counseling Format Type March 5, 2025
Added Implementation Notes for Home Possible® Mortgages and HeritageOne® Mortgages. IF Sort ID 611-PartyRoleType = "Borrower" AND (EITHER Sort ID 545-LegalEntityType does not exist OR Sort ID 546-LegalEntityTypeOtherDescription = “LivingTrust”) AND Sort ID 238-LoanAffordableIndicator = "true" OR IF applies Values:
- Enter the applicable value as required for Home Possible® Mortgages, HomeOne®
SMMortgages, HeritageOne® Mortgages, loans where all Borrowers have Noncredit Payment References, or as required in Seller's negotiated term. When required, at least one Borrower on themMortgageloanmust complete homeownership education prior to loan closing. - For Home Possible® Mortgages and HeritageOne® Mortgages, when required, at least one occupying Borrower on the Mortgage must complete homeownership education prior to loan closing.
- Enter “BorrowerEducationNotRequired” if the Borrower is not required to participate in homeownership education, such as for a refinance transaction.
- Enter “Classroom” if instructor-led homeownership education was completed (not one-on-one).
- Enter "HomeStudy" if the Borrower completed Freddie Mac's online CreditSmart® Homebuyer U tutorial.
- Enter "Individual" if one-on-one counseling was performed.
- Enter "Other" if the Borrower did not participate in required counseling.
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February 5, 2025 – Revision 1
February 5, 2025 – Bulletin #2025-1
Sort ID
Data Point Name
Revision Effective Date Revision Description
ULDDS Conditionality
FRE Conditionality
FRE Conditionality Details
Revision for FRE Implementation Notes
83
Property Valuation Amount July 28, 2025
Added Implementation Note to round down to the nearest whole number. R
R
Required for all loans Values:
- If an appraisal has been obtained, enter the appraised value.
- If Automated Collateral Evaluation (ACE) or ACE+ PDR was offered and accepted by the Seller, enter the Purchase Price for a purchase transaction or the estimated value used to underwrite the loan for a refinance transaction.
- Enter the value as instructed in Seller's negotiated terms as applicable.
Format: Round down to the nearest whole number.
195
Purchase Price Amount July 28, 2025
Added Implementation Note to round down to the nearest whole number. CR
CR
IF Sort ID 315-LoanPurposeType = "Purchase" AND Sort ID 313-LienPriorityType = "FirstLien" Values:
- For purchase transaction Mortgages, enter the purchase price of the property, net of any adjustments made for sales concessions.
- This data point not required for refinance transaction Mortgages.
Format: Round down to the nearest whole number.
208
HMDA Rate Spread Percent July 28, 2025
Updated Conditionality to require the rate spread pursuant to HMDA Reporting. CR
RCR
RIF applies Required for all loansValues: Enter the rate spread if required pursuant to HMDA Reporting:
- Enter the spread (difference) between the annual percentage rate (APR) on the Mortgage and the Average Prime Offer Rate (APOR). Do not enter the APR, APOR, or the Note Rate.
- The rate spread should be calculated consistent with the methodology provided in HMDA (Regulation C) and the requirements for determining Higher Priced Mortgage Loans (Regulation Z). For Mortgages with a rate spread reported under HMDA, a Seller should deliver to Freddie Mac the same rate spread reported under HMDA.
- The Federal Financial Institutions Examination Council (FFIEC) provides institutions a rate spread calculator at https://ffiec.cfpb.gov/tools/rate-spread.
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February 5, 2025 – Revision 2
February 5, 2025 – Bulletin #2025-1
Sort ID
Data Point Name
Revision Effective Date
Revision Description
Revision for FRE Implementation Notes
91
Combined LTV Ratio Percent February 5, 2025
Guide section update for calculating TLTV ratio. Values:
- Enter the total loan-to-value (TLTV) ratio calculated in accordance with Guide Section 4203.1(a)
2. - For financed permanent buydown Mortgages, calculate using the Mortgage amount that includes the financed discount points.
- For super conforming Mortgages, calculate using the lower of the appraised value, field review value, or sales price.
92
Home Equity Combined LTV Ratio Percent February 5, 2025
Guide section update for calculating HTLTV ratio. Values:
- Enter the HTLTV ratio calculated in accordance with Guide Section 4203.1(a)
2. - For Financed Permanent Buydown Mortgages, calculate using a Mortgage amount that includes the financed discount points.
- For super conforming Mortgages, calculate using a value that is the least of the appraised value, field review value, or sales price.
255
LTV Ratio Percent February 5, 2025
Updated note in Additional Implementation Notes.
Guide section update for calculating LTV ratio.
Unless otherwise permitted in the Seller's Purchase Documents, enter the LTV Ratio calculated in accordance with Section 4203.1(a) 2. - Enter the total loan-to-value (TLTV) ratio calculated in accordance with Guide Section 4203.1(a)
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November 6, 2024
November 6, 2024 – Bulletin #2024-15
Sort ID Data Point Name Revision Effective Date Revision Description Revision for FRE Implementation Notes 293
Refinance Cash Out Amount November 6, 2024
Guide Section update for GreenCHOICE Mortgages®. - Format: Enter as a positive number.
- Values:
- Enter the Note Amount (Sort ID 319) minus the following amounts paid with the proceeds of the refinanced Mortgage:
- Existing first lien (including prepayment penalty)
- The amount paid on any subordinate liens secured by the Mortgaged Premises that were used in their entirety to purchase the subject property
- Closing Costs
- The outstanding balance of a land contract or contract for deed, per the requirements of Guide Section 4404.1
- A Property Assessed Clean Energy (PACE) or PACE-like obligation, per the requirements of Guide Section 4301.8
- For GreenCHOICE Mortgages®, the eligible improvements, per the requirements of Guide Sections 4606.1(b
c) and 4606.34 - For CHOICERenovation® Mortgages, the eligible renovations per the requirements of Guide Sections 4607.6 and 4607.7(c)
- Enter the Note Amount (Sort ID 319) minus the following amounts paid with the proceeds of the refinanced Mortgage:
244.1
Energy Improvement Amount November 6, 2024
Guide Section update for GreenCHOICE Mortgages®. Values:
- Enter the cost of the eligible improvements as described in Guide Section 4606.1(b
c) or the amount to pay an Existing Debt (as defined in Guide Section 4606.1(ca)). - The amount entered must be greater than "0" (zero).
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October 2, 2024 – Revision 1
October 2, 2024 - Bulletin #2024-13
Sort ID
Data Point Name
Revision Effective Date
Revision Description
Revision for FRE Implementation Notes
293
Refinance Cash Out Amount October 2, 2024
Updated Implementation Notes with Guide Section update for CHOICERenovation® Mortgages. - Format: Enter as a positive number.
- Values:
- Enter the Note Amount (Sort ID 319) minus the following amounts paid with the proceeds of the refinanced Mortgage:
- Existing first lien (including prepayment penalty)
- The amount paid on any subordinate liens secured by the Mortgaged Premises that were used in their entirety to purchase the subject property
- Closing Costs
- The outstanding balance of a land contract or contract for deed, per the requirements of Guide Section 4404.1
- A Property Assessed Clean Energy (PACE) or PACE-like obligation, per the requirements of Guide Section 4301.8
- For GreenCHOICE Mortgages®, the eligible improvements, per the requirements of Guide Sections 4606.1(c) and 4606.4
- For CHOICERenovation® Mortgages, the eligible renovations per the requirements of Guide Sections 4607.6 and 4607.7
8(cb)
- Enter the Note Amount (Sort ID 319) minus the following amounts paid with the proceeds of the refinanced Mortgage:
311
Price Lock Datetime October 2, 2024 Removed additional Implementation Notes to align with guidance for the HMDA regulation. Values:
Enter the date on which the interest rate reflected on the note was locked with the Borrower.If the lock date is extended, and the extension results in a change to the interest rate that was originally locked in, enter the date the price lock was extended.Do not enter the date that the aggregator locked in the rate with the correspondent.- Enter only the date; the time will be ignored.
- Enter the
Thisvalue that corresponds with the Rate Set Date used in determining Sort ID 208-HMDARateSpreadPercent in accordance with the 2015 HMDA Final Rule.
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October 2, 2024 – Revision 2
October 2, 2024 - Bulletin #2024-13
Sort ID Data Point Name Revision Effective Date Revision Description Revision for FRE Conditionality Details Revision for FRE-Supported Enumerations 193.1 Alterations Improvements And Repairs Amount March 31, 2025
Updated Conditionality Details:
- Added CHOICE Renovation In Progress
- Removed CHOICE Renovation Mortgage With Recourse
IF Sort ID Sort ID 404-LoanProgramIdentifier = “CHOICERenovation”, “CHOICERenoEXpress”, “CHOICERenoEXpressDTSArea”OR
"CHOICERenovationInProgress"“CHOICERenovationMortgageWithRecourse”404 Loan Program Identifier March 31, 2025
Added Enumeration – CHOICE Renovation In Progress and removed Enumeration – CHOICE Renovation Mortgage With Recourse IF applies See Tab 8-Enumerations
CHOICERenovationInProgressCHOICERenovationMortgageWithRecourse -
May 16, 2024
May 16, 2024 - Loan Selling Advisor Announcement
Sort ID Data Point Name Revision Effective Date Revision Description Revision for ULDDS Format Revision for FRE Format Revision for FRE Implementation Notes 49.3
FRE Condo Project Advisor Project Assessment Request Identifier July 28, 2025
Updated Format to String 12. String 12 Numeric 10String 12 Numeric 10Format: Valid format is “PAR#########”
Values: Enter the 'Project Assessment Results #' received on the Condo Project Advisor® Feedback Certificate.
49.4
FRE Condo Project Advisor Project Waiver Request Identifier July 28, 2025
Updated Format to Numeric 8. Numeric 8 10Numeric 8 10Values: Enter the 'Condo Project Waiver Request #' received on the Condo Project Advisor® Feedback Certificate. -
May 1, 2024
May 1, 2024 - Bulletin #2024-6
Sort ID Data Point Name Revision Effective Date Revision Description Revision for FRE Implementation Notes 173 Down Payment Source Type May 1, 2024 Added Implementation Note for Originating Lender. Values:
If Down Payment data is provided, the data must include an amount, a supported source enumeration and a supported type enumeration.
- If the gift or grant reported to Loan Product Advisor® (LPA) was applied to Down Payment, map the new LPA Funds Source enumerations as follows:
- Map LPA "UnmarriedPartner" to ULDD "Relative"
- Enter "OriginatingLender" for Mortgages originated with gifts and grants from the Seller.
- If Down Payment data is provided, see Tab 12-Additional Implementation Notes.
Enter "OriginatingLender" for all lender sources.
- If the gift or grant reported to Loan Product Advisor® (LPA) was applied to Down Payment, map the new LPA Funds Source enumerations as follows:
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March 6, 2024
March 6, 2024 - Bulletin #2024-3
Sort ID Data Point Name Revision Effective Date Revision Description Revision for FRE Implementation Notes Revision for FRE-Supported Enumerations 83 Property Valuation Amount March 6, 2024 Updated Implementation Notes. Values:
- If an appraisal has been obtained, enter the appraised value.
- If Automated Collateral Evaluation (ACE) or ACE+ PDR was offered and accepted by the Seller, enter the Purchase Price for a purchase transaction or the estimated value used to underwrite the loan for a refinance transaction.
Enter the value that was used to calculate the LTV for the delivered loan.- Enter the value as instructed in Seller's negotiated terms as applicable.
292 Total Monthly Proposed Housing Expense Amount March 6, 2024 Updated Implementation Notes for ARMs. Values:
- Enter the sum of the monthly charges for all Borrowers' Primary Residences (regardless of property usage type) as described in Guide Section 5401.1. Round to the nearest dollar.
- For ARMs, enter the monthly housing expense
debt paymentcalculated using themonthly housing expense determined using theMortgage payment the Borrower is making at the time the Seller delivers the Mortgage. Round to the nearest dollar. - For second home or Investment Property Mortgages, enter the housing expense for all Borrowers' Primary Residences, not the housing expense of the subject property. Round to the nearest dollar.
- For subsidy buydown Mortgages, enter the monthly housing expense calculated using the Mortgage payment the Borrower is making at the time the Seller delivers the Mortgage. Round to the nearest dollar.
- For financed permanent buydown Mortgages, calculate using the initial P&I payment amount at the permanently bought down Note Rate. Round to the nearest dollar.
376 Investor Collateral Program Identifier September 4, 2024 Removed Enumeration - Property Inspection Alternative. Values:
Enter
"PropertyInspectionAlternative" OR"AutomatedCollateralEvaluation" OR "PropertyDataCollection" if assessed through Loan Product Advisor® (LPA) and permitted by LPA.
Enter "PropertyInspectionWaiver" OR "ValueAcceptance" if permitted by Seller's negotiated term.AutomatedCollateralEvaluation
PropertyDataCollectionPropertyInspectionAlternative
PropertyInspectionWaiver
ValueAcceptance -
February 16, 2024 – Revision 1
February 16, 2024 - Loan Selling Advisor Announcement
Sort ID Data Point Name Revision Effective Date Revision Description Revision for FRE Conditionality Details 77
Bedroom Count June 3, 2024
Updated Conditionality Details to include Sort ID 90 (Other Description) for Hybrid Appraisal. IF [(Sort ID 89-PropertyValuationMethodType = "FullAppraisal" OR Sort ID 90-PropertyValuationMethodTypeOtherDescription ="HybridAppraisal")] AND (Sort ID 69-PropertyUsageType = "Investment" OR Sort ID 57-FinancedUnitCount > "1") 78
Property Dwelling Unit Eligible Rent Amount June 3, 2024
Updated Conditionality Details to include Sort ID 90 (Other Description) for Hybrid Appraisal. IF (Sort ID 89-PropertyValuationMethodType = "FullAppraisal" OR Sort ID 90-PropertyValuationMethodTypeOtherDescription = "HybridAppraisal") AND (Sort ID 69-PropertyUsageType = "Investment" OR Sort ID 57-FinancedUnitCount > "1") 430.1
MI Interest Rate Adjustment Percent July 28, 2025
Updated Conditionality Details to require the data point when MI premium source is Lender and delivery for Investor when available. IF [(Sort ID 426-MIPremiumSourceType = "Lender" OR (Sort ID 427-MIPremiumSourceTypeOtherDescription = "Investor") AND Sort ID 430.2-MIPremiumPlanType = "Monthly"] OR [(Sort ID 430.2-MIPremiumPlanType = "Single" OR "Split")AND IF Available)]430.2
MI Premium Plan Type July 28, 2025
Updated Conditionality Details to require the data point when MI Certificate Identifier exists and delivery for Investor when available. IF Sort ID 412-MICertificateIdentifier exists OR (Sort ID 430 PrimaryMIAbsenceReasonTypeOtherDescription = "NoMIBasedOnInvestorRequirements"427-MIPremiumSourceTypeOtherDescription = "Investor" AND IF Available) -
February 16, 2024 – Revision 2
February 16, 2024 - Loan Selling Advisor Announcement
Sort ID Data Point Name Revision Effective Date Revision Description Revision for FRE Implementation Notes 89
Property Valuation Method Type June 3, 2024
Added Hybrid Appraisal to the “Other” Implementation Note. Values:
Enter the FRE-Supported Enumeration for the method that yielded the value used to calculate the LTV for the delivered loan:- Enter "AutomatedValuationModel" for Home Value Explorer® (HVE).
Enter “DesktopAppraisal” if a desktop appraisal was used to value the subject property. - Enter "DriveBy" if an exterior-only appraisal was used to value the subject property.
- Enter "FullAppraisal" if an interior and exterior inspection appraisal was used to value the subject property.
- Enter "None" if an appraisal waiver was used to originate the Mortgage.
Enter "Other" if a desk review,orfield review, or hybrid appraisal was used to value the subject property. - Enter the values as instructed in Seller's negotiated terms for all other property valuation method types.
598.1
Intent To Occupy Type July 28, 2025
Updated Implementation Notes to remove first-time homebuyer reference. Definition: The URLA section reference is 5a, About this Property and Your Money for this Loan.
Values:- Enter "Yes” if the property will be occupied as the Borrower's
is a first-time homebuyer of theprimary residence, or if applies. - Enter "No” if the property will not be occupied as the Borrower’s primary residence.
- Enter "AutomatedValuationModel" for Home Value Explorer® (HVE).
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December 6, 2023
December 6, 2023 – Bulletin #2023-24
Sort ID Data Point Name Revision Effective Date Revision Description Revision for FRE Implementation Notes 42
Project Classification Identifier December 8, 2023
Updated note in Additional Implementation Notes. Enter “ExemptFromReview” for Freddie Mac-owned “no cash-out” refinance Condominium Unit Mortgages, Refi Possible® Mortgages, Mortgages secured by Detached Condominium Units, or by Condominium Units in 2- to 4- Unit Condominium Projects, OR if applies. See Guide Section 5701.7 or 5701.10. 244.1
Energy Improvement Amount December 6, 2023
Updated Implementation Notes. Values:
- Enter the cost of the
energy efficiencyeligible improvements as described in Guide Section 4606.1(c) or the amount to payoff energy efficiencyan ExistingdDebt (as defined in Guide Section 4606.1(a)). - The amount entered must be greater than "0" (zero).
293
Refinance Cash Out Amount December 6, 2023
Added additional Guide sections for GreenCHOICE Mortgages® and CHOICERenovation® Mortgages. Format: Enter as a positive number.
Values:- Enter the Note Amount (Sort ID 319) minus the following amounts paid with the proceeds of the refinanced Mortgage:
- Existing first lien (including prepayment penalty)
- The amount paid on any subordinate liens secured by the Mortgaged Premises that were used in their entirety to purchase the subject property
- Closing Costs
- The outstanding balance of a land contract or contract for deed, per the requirements of Guide Section 4404.1
- A Property Assessed Clean Energy (PACE) or PACE-like obligation, per the requirements of Guide Section 4301.8
- For GreenCHOICE Mortgages®
Tthe eligibleenergy and/or water efficiencyimprovements, per the requirements of Guide Sections 4606.1(c) and 4606.4 - For CHOICERenovation®
SMMortgages, the eligible renovations per the requirements of Guide Sections 4607.6 and 4607.8(b)
363
Escrow Balance Amount December 6, 2023
Updated Implementation Notes for GreenCHOICE Mortgages®. Values:
- For Mortgages with Escrow accounts sold through Cash-Released XChangeSM, enter the Escrow balance amount.
- For Concurrent Transfer of Servicing (CTOS) Mortgages with Escrow accounts, enter the Escrow balance amount.
- For GreenCHOICE Mortgages®
SMenergy and/or water efficiencyimprovements.
- Enter the cost of the
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October 4, 2023
October 4, 2023 - Bulletin #2023-19
Sort ID Data Point Name Revision Effective Date Revision Description Revision for FRE Implementation Notes 290
Total Liabilities Monthly Payment Amount October 4, 2023
Added Implementation Notes for ARMs. Values:
- Enter the monthly debt payment as defined in Guide Section 5401.2. Round to the nearest dollar.
- For ARMs, enter the monthly debt payment calculated using the monthly housing expense determined using the Mortgage payment the Borrower is making at the time the Seller delivers the Mortgage. Round to the nearest dollar.
- For subsidy buydown Mortgages, enter the monthly debt payment calculated using the monthly housing expense determined using the Mortgage payment the Borrower is making at the time the Seller delivers the Mortgage. Round to the nearest dollar.
- For Mortgages for which the Borrower uses credit card, cash advance, or unsecured line of credit to pay fees, enter the monthly debt payment as defined in Guide Section 5401.2, including the amount charged or advanced when it is included in the Borrower's total outstanding debt. Round to the nearest dollar.
292
Total Monthly Proposed Housing Expense Amount October 4, 2023
Added Implementation Notes for ARMs. Values:
- Enter the sum of the monthly charges for all Borrowers' Primary Residences (regardless of property usage type) as described in Guide Section 5401.1. Round to the nearest dollar.
- For ARMs, enter the monthly debt payment calculated using the monthly housing expense determined using the Mortgage payment the Borrower is making at the time the Seller delivers the Mortgage. Round to the nearest dollar.
- For second home or Investment Property Mortgages, enter the housing expense for all Borrowers' Primary Residences, not the housing expense of the subject property. Round to the nearest dollar.
- For subsidy buydown Mortgages, enter the monthly housing expense calculated using the Mortgage payment the Borrower is making at the time the Seller delivers the Mortgage. Round to the nearest dollar.
- For financed permanent buydown Mortgages, calculate using the initial P&I payment amount at the permanently bought down Note Rate. Round to the nearest dollar.
This information is not a replacement or substitute for the requirements in the Freddie Mac Single-Family Seller/Servicer Guide or any other contractual agreements. This information does not constitute an agreement between Freddie Mac and any other party. © 2024 Freddie Mac.
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