GSEs Announce Update for Redesigned Uniform Underwriting and Transmittal Summary
On January 29, 2020, Fannie Mae and Freddie Mac (the "GSEs") published updated Uniform Residential Loan Application (URLA) / Uniform Loan Application Dataset (ULAD) Frequently Asked Questions that provide the mandatory use date for the redesigned Uniform Underwriting and Transmittal Summary (Fannie Mae Form 1008 / Freddie Mac Form 1077) has been changed to coincide with the redesigned URLA mandate date of November 1, 2020.