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Document Custody

Important Updates

Important Uniform Loan Delivery Dataset Transition Information

As part of our transition to the Uniform Loan Delivery Dataset (ULDD) requirements, the Freddie Mac selling system will be updated to reflect the ULDD requirements on April 23, 2012. There will be no changes to our note certification process, the underlying data required for certification, or the notes themselves; however, you will have to plan for updating the naming conventions for note certification data points that you currently export from the selling system.

To prepare for the selling system transition that will include updated selling system screens and file exports to reflect the new ULDD-named fields and layout, prior to April 23, 2012, you must:

• Map existing note certification data field names to the new ULDD-named fields names.
• Address impacts the transition may have on your internal systems that interface with the selling system.
• Prepare to export data as a XML, Excel or .csv file. On or after April 23, 2012, the selling system export functionality will no longer support .txt export files.

You can now test your updated export file in our customer test environment. Additionally, to help plan for the selling system transition, we’ve updated the Document Custodian Procedures Handbook and there are numerous Document Custodian resources, including an export data requirements reference tool, available on our ULDD Website.

Tools and Resources

• Forms
• Freddie Mac Contacts for Document Custody – Contact us directly or use our on-line form if you have questions and comments
• Document Custody Procedures Handbook – Find guidelines that will help you meet our requirements for document custody processes
• Training and Resources

Seller/Servicer Resources

• Get Started – Find the information and forms you need to establish a relationship with the Designated Custodian or with an approved third-party document custodian of your choice.
• Execution of Legal Documents – Learn about preparing documents for Freddie Mac signature
• Selling System Resource Center – Read about the latest selling system news and information