Revision to the Uniform Underwriting and Transmittal Summary

DocMagic previously announced the availability of the revised Uniform Underwriting and Transmittal Summary (Fannie Mae Form 1008 / Freddie Mac Form 1077) (Form ID: UUATS.MSC) in October 2023. When DocMagic programmed the UUATS.MSC, the section titled “All Other Monthly Payments” was programmed to include all liability and proposed housing expense payments. This provided a “Total of All Payments” amount that previously enjoyed its own line item on the previous version of the form. 

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