News & Insights
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Press Release | June 12, 2019
Optional Use Period for the Uniform Residential Loan Application Will Not Begin July 1, 2019
At the direction of the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the government-sponsored enterprises, or GSEs) are communicating that the optional use period for the redesigned Uniform Residential Loan Application (URLA) form and corresponding datasets will not begin on July 1, 2019 as previously scheduled.
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News Articles | June 4, 2019
How to Avoid Mortgage Fraud in 60 Seconds
Mortgage fraud is big business. Private and government sources estimate it costs consumers and lenders billions of dollars a year. Not to mention the number of families who lose their homes and hurt their credit by unwittingly turning to scam artists for help getting a mortgage or avoiding a foreclosure.
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News Articles | May 30, 2019
ULDD Update Further Aligns GSE Specifications
Today, Freddie Mac provided an update to Phase 3 of the Uniform Loan Delivery Dataset (ULDD), to further align the GSE specifications, and to support the new Uniform Residential Loan Application (URLA).
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| May 24, 2019
True Lies: Falsified College Transcripts Flunk 13 Loans
True Lies is our bimonthly series that shares real stories from the Single-Family Fraud Risk team’s experiences in the field, to help keep you informed on current fraud trends.
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News Articles | May 14, 2019
ULDD Phase 3 Announcement
Freddie Mac and Fannie Mae (the GSEs) are providing an update to Phase 3 of the Uniform Loan Delivery Dataset (ULDD), as a follow up to our January 10, 2019 announcement. The GSEs are clarifying updates to existing ULDD data points, as described below.
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News Articles | May 9, 2019
CHOICEHome: The Next Generation of Factory-Built Housing
At last, there’s parity in financing between qualified factory-built homes and site-built homes.
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News Articles | April 3, 2019
Reminder: Upcoming UCD Seller Data Requirement
Freddie Mac and Fannie Mae (the GSEs) are committed to supporting the industry with its adoption of the Uniform Closing Dataset (UCD). As announced on June 26, 2018, the GSEs have reduced the Seller data requirements from previous UCD Specifications and have narrowed the requirement to the Seller data that is disclosed in the Borrower’s Closing Disclosure.
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News Articles | March 26, 2019
We're Making Changes to Loan Product Advisor
You’ve told us our technology needs to give you clearer results, smoother processes and the ability to make smarter, faster decisions so that, ultimately, you can originate more loans and reach your business goals.
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News Articles | March 11, 2019
Freddie Mac Set to Issue UMBS Based on Revised TBA Guidelines
With the approval of revised guidelines for the “To-Be-Announced” (TBA) market, we announced today that we are set to issue the first Freddie Mac 55-day payment delay.
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News Articles | February 21, 2019
Coming Feb. 25 - Loan Selling Advisor Import Cash Contract Capability
Last April, we introduced optional fields for Cash-Released XChangeSM clients to improve price certainty when requesting a contract-level Freddie Mac Price Sheet or when creating a contract using the Loan Purchase Contract Terms screen.