Tag: URLA

Fannie Mae and Freddie Mac Announce the Delay of the “Go Live” Date for New Redesigned 1003 – Dated April 14, 2020

Written by: Lloyd Rutherford, Staff Writer Here we go again! The timeline for the New 1003 has been revised due to the Pandemic.  Read through this article for important date changes. Rule Synopsis: Fannie Mae and Freddie Mac announce the delay of the “Go Live” date for mandatory use of the updated and redesigned URLA […]

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Fannie Mae and Freddie Mac Publish “Go Live” Date for New Redesigned 1003 – Dated January 29, 2020

Written by: Lloyd Rutherford, Staff Writer There have been a lot of changes and also changed effective dates for the new loan application.  Stay up to date on what changed…again…and what you should prepare for in the upcoming months. Rule Synopsis: Fannie Mae and Freddie Mac released the “Go Live” date for mandatory use of […]

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Fannie Mae and Freddie Mac Publish Updated Redesigned URLA and Supporting Documents – Dated October 23, 2019

Written by: Lloyd Rutherford, Staff Writer Here’s the latest update on the four-year-old “New URLA” drama! Rule Synopsis: Fannie Mae and Freddie Mac released information to inform the industry that they have published the updated and redesigned URLA (Form 1003 or Form 65) and supporting documentation. Interpretive Comments: Do you want to know how fast […]

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Fannie Mae and Freddie Mac – Optional Use Period for the Uniform Residential Loan Application Will Not Begin July 1, 2019 – Dated June 12, 2019

Written by: Lloyd Rutherford, Staff Writer July 1, 2019 is out for the new URLA! Find out what happened and when we can expect the new optional date to begin. Rule Synopsis: Fannie Mae and Freddie Mac both posted announcements to inform the industry that the Optional Use Period for the redesigned 1003 has been […]

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Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes DU Version 10.3 July 2019 Update – Dated May 21, 2019 – Effective July 20, 2019

Written by: Lloyd Rutherford, Staff Writer DU users this is an important update that will clarify some recent changes that you need to know and one that none of us expected to see! Rule Synopsis: Fannie Mae announces an update to their newest DU Version: DU Version 10.3. The changes announced in this release will […]

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