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Uniform Closing Dataset (UCD) Effective Date

Flagstar will require compliance with Fannie Mae and Freddie Macís UCD mandate for any loan delivered for purchase on or after Monday, April 2, 2018 for the latest CD provided to the borrower(s). If after submission of the UCD, a redisclosed CD is issued to the borrower(s), correspondents must provide UCD results for subsequent disclosure(s) issued. Flagstar will require submission to both Fannie Mae and Freddie Mac on all loans that are eligible for sale to Fannie Mae and/or Freddie Mac.

Lenders must process the XML submission to both Fannie and Freddie and provide Flagstar with the following:

  • Fannie Mae - UCD Findings Report indicating Successful with no Fatal edit messages
  • Freddie Mac - Loan Closing Advisor (LCA) Feedback Certificate document indicating Satisfied with no red "critical" messages
Additional resources are available on the Fannie Mae and Freddie Mac websites.

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