Fannie Mae announced a newly redesigned Uniform Residential Loan Application (URLA) along with a corresponding standardized Uniform Loan Application Dataset (ULAD) Mapping Document. The redesigned URLA will improve the borrower experience while promoting enhanced and consistent data standards throughout the loan manufacturing process. Fannie Mae has not established when lenders will be required to use the redesigned URLA. However, lenders who are ready to do so may start using the redesigned URLA as of January 1, 2018. Lenders may not use the redesigned URLA prior to January 1, 2018.
FHA
FHA Waives Early Payment Default Review Requirements for Properties Impacted by California Wildfires
FHA issued a waiver regarding early payment default review requirements for properties impacted by the California wildfires. FHA currently requires lenders to select all early
April 2, 2025
