Fannie Mae and Freddie Mac published supporting documents for the upcoming redesigned Uniform Residential Loan Application (URLA). The new support documents include a Dynamic URLA, a URLA Rendering Document, and a Spanish Translation Aid to the URLA. The Dynamic URLA and the accompanying URLA Rendering Document are designed to provide lenders and technology solution providers with an opportunity to tailor the URLA to their specific needs. The supporting documents also provide updated data requirements for Fannie Mae and Freddie Mac’s Automated Underwriting Systems (Desktop Underwriter and Loan Product Advisor).
Rural Housing Service
RHS Updates Monthly Electronic Status Reporting Codes
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing updated Electronic Status Reporting codes for mortgage servicers. Per the Notice, Default Status Code 10 was