MPF Xtra® Product: Introduction to the Uniform Closing Dataset (UDC)
Date / Time: Monday, March 20, 2017 1:00 PM - 1:30 PM
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The Uniform Closing Dataset is part of an ongoing initiative to standardize the required loan data being provided by Fannie Mae and Freddie Mac to the Consumer Financial Protection Bureau (CFPB). As part of the Uniform Mortgage Data Program® (UMDP), the focus of the UCD is to provide consistent data from the Closing Disclosure (CD). Beginning September 25, 2017 all MPF Xtra® loan files will require the delivery of a UCD file. This session will provide a general overview of the requirements along with details on Fannie Mae resources and timelines.
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