Freddie Mac and Fannie Mae (the GSEs) have published the interactive (fillable) PDF versions of the redesigned Uniform Residential Loan Application (URLA) with an effective date of “09/2020”, along with corresponding supporting documents. These interactive forms comprise the final version of the loan application and are to be supported by the industry in system development and preparation of the redesigned URLA and updated GSE-specific automated underwriting system (AUS) specifications for the November 1, 2020 mandate.
The GSEs have published the following interactive components of the redesigned URLA (Freddie Mac Form 65 / Fannie Mae Form 1003):
A detailed description of changes included on the interactive form is presented in Appendix 1.
The GSEs have updated and published the following URLA and the Uniform Loan Application Dataset (ULAD) supporting documents:
The GSEs are on track to publish the Spanish Translation Aid to the redesigned URLA in the second quarter of 2020. A complete implementation timeline and the supporting materials referenced, can be accessed on Freddie Mac’s URLA web page and Fannie Mae’s URLA web page
We are committed to helping our customers and other industry stakeholders understand and adopt the updated redesigned URLA and AUS specifications. We will continue to work closely with lenders and technology solution providers to assist them throughout the implementation process.
If you have questions about the redesigned URLA, AUS Specifications, or supporting documents, please contact your GSE representative or email [email protected] or [email protected] .
Along with the format and content updates to the redesigned URLA, certain functionality problems or inconsistencies with the interactive forms have been addressed. The following table identifies global changes (across all form components) to how certain fields can be completed.
