Uniform Residential Loan Application & Uniform Loan Application Dataset
URLA Implementation Timeline Updates
During the past several months, Freddie Mac and Fannie Mae (the GSEs) gathered industry feedback on the implementation timeline for the redesigned Uniform Residential Loan Application (URLA) and updated automated underwriting system (AUS) specifications. The Demographic Information Addendum instructions were also updated to incorporate the Consumer Finance Protection Bureau's (CFPB) September 20, 2017, Amendment of the Equal Credit Opportunity Act (ECOA) regulations.
Freddie Mac will publish an updated version of the redesigned URLA, the Loan Product Advisor® specification and supporting documents by the end of 2017.
Start Planning Now
At the direction of the Federal Housing Finance Agency (FHFA), and in collaboration with industry partners and government agencies, Freddie Mac and Fannie Mae (the GSEs) have updated the Uniform Residential Loan Application (URLA) (Freddie Mac Form 65 / Fannie Mae Form 1003) and created a corresponding standardized dataset – the Uniform Loan Application Dataset (ULAD). The ULAD maps each data field on the redesigned URLA to equivalent data point(s) in the corresponding Mortgage Industry Standards Maintenance Organization (MISMO) v3.4 Reference Model.
The redesigned URLA form provides lenders and borrowers with greater clarity and an easier, more consumer-friendly loan application. The results represent the culmination of extensive industry collaboration.
The ULAD Initiative, which is part of the Uniform Mortgage Data Program® (UMDP), continues to promote data standards by providing common and clear definitions. UMDP provides transparency and makes it easier to share data among various stakeholders within the industry.
AUS Data Specification
Because each GSE uses URLA data to evaluate loans against their individual credit policies, Freddie Mac and Fannie Mae will continue to maintain separate automated underwriting system (AUS) data specifications. Freddie Mac's data collection requirements for loan underwriting are outlined in our Loan Product Advisor® v5.0 System Interface Specification.
If you require access to the updated Loan Product Advisor v5.0 System Interface Specification, please contact your Freddie Mac representative or your vendor.
Redesigned Uniform Residential Loan Application (URLA) – Interactive
- URLA – Borrower Information
- URLA – Additional Borrower
- URLA – Unmarried Addendum
- URLA – Lender Loan Information
- URLA – Continuation Sheet
Demographic Information Addendum - Updated 9/26/2017
Spanish Translation Aid to the URLA (.pdf)
System Interface Specification v5.0 for Loan Product Advisor® – Please contact your Freddie Mac representative or your vendor.
- Numbered URLA – Borrower Information
- Numbered URLA – Lender Loan Information
- Numbered URLA – Unmarried Addendum
- ULAD Data Relationships Using Xlink and MISMO ArcRoles Document
- December 8, 2015 – GSEs Announce Future Updates to the URLA
- August 23, 2016 – The Redesigned URLA and ULAD Mapping Document Are Here!
- September 20, 2016 – Updated Loan Product Advisor AUS Specification
- November 1, 2016 – Clarification on “Effective Date” for Redesigned URLA
- September 27, 2017 – URLA Implementation Timeline Updates
Please email ULAD@freddiemac.com
We're proud to be honored with a 2017 ClearMark Award of Distinction from the Center for Plain Language for our interactive version of our Uniform Residential Loan Application - a joint project between Freddie Mac and Fannie Mae. We'd like to share the award with our industry partners, whose invaluable input helped us complete this project.