GSEs Release Updated Information on Uniform Closing Dataset
|August 12, 2014|
Fannie Mae and Freddie Mac have published additional documentation to support the mortgage industry with the implementation of the Uniform Closing Dataset (UCD), which is a common industry dataset that supports the Consumer Financial Protection Bureau’s (CFPB) Closing Disclosure.
The documents provide information to supplement the MISMO mapping document released in March 2014, Appendix B: Closing Disclosure Mapping to the MISMO v3.3 Reference Model.
The GSEs intend to collect the UCD from lenders in the future; however, they have not yet determined the method or timeline for our data collection. The GSEs will continue to provide information and additional resources in the future.
The new supporting UCD resources include: