Compliance Updates: April 2025 In Review
May 7, 2019
Are you ready for the new URLA? Starting July 1, 2019, both Fannie Mae and Freddie Mac will begin the optional use period of the redesigned Uniform Residential Loan Application (“URLA”) published jointly by the Government-Sponsored (“GSEs”). Starting February 1, 2020, all loans with an application date on or after February 1, 2020 and purchased by Fannie or Freddie must contain the redesigned URLA.
https://www.fanniemae.com/singlefamily/uniform-residential-loan-application
At Docutech, we are committed to providing exceptional service and value to help improve regulatory compliance for our clients. As such, ever since the Federal National Mortgage Association (“FNMA”) and Federal Home Loan Mortgage Corporation (“FHLMC”) revealed their newest versions of FNMA Form 1003/FHLMC Form 65 (“Uniform Residential Loan Application” or “URLA”) on August 23, 2016, we have been publishing various posts addressing different aspects of the URLA (and other documents associated with it), ranging from legal analysis to system support. Check them all out here:
Both Fannie Mae and Freddie Mac have published a wide variety of highly useful documentation related to the new URLA covering the below topics:
Visit Fannie Mae’s resources here and Freddie Mac’s resources here.
In addition to the above resources, Docutech has also created supplemental documentation including:
To learn more, call us at 800.497.3584 or email us at support@docutech.com
The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.