GSEs Delay Portion of Closing Disclosure Data Reporting Requirement
November 3, 2016
Fannie Mae and Freddie Mac recently announced they would delay requiring lenders to submit seller Closing Disclosure data until September 2018. On the borrower side, lenders must start transmitting UCD whenever they sell a loan to the GSEs as of Sept. 25, 2017. Read on to learn why this is important for title and settlement agents.
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