News Archive

ULDD Requirements and FIPCO’s MISMO Interface
 
Freddie Mac and Fannie Mae ULDD Timelines

Freddie Mac and Fannie Mae will soon require the use of the Uniform Loan Delivery Dataset (ULDD). These new provisions are a key component of the increased standardization efforts under the Uniform Mortgage Data Program.

  • July 23, 2012: Loans with application received dates on or after December 1, 2011, that are delivered to Freddie Mac and Fannie Mae on or after July 23, 2012, must meet the ULDD requirements.

For more information on the ULDD requirements, please click on the links below.
 
https://www.efanniemae.com/sf/refmaterials/prodmortcodes/pdf/ulddfactsheet-manual.pdf
 
http://www.FreddieMac.com/sell/secmktg/uniform_delivery.html
 

MISMO INTERFACE

FIPCO has developed an interface which will transfer data collected in the Financial Link® system as well as collect additional data as needed for submissions to Freddie or Fannie. Once you complete the import process to Freddie/Fannie, you will need to review and verify the information prior to final submission.

The MISMO interface is available and ready for installation. Should you have any questions or if you would like a proposal, please contact us at 800/722-3498, ext. 258 or FIPCO Sales.

"There are so many great sessions at the software user conference, and if you can't be at them all, you can just refer back to your materials later. The book is very valuable and is a great tool to take back to work."

- Karla Knutson, Security Bank, Ridgeland