Joint GSE UMDP Phase 3B Announcement

September 06, 2023

Fannie Mae and Freddie Mac are announcing that the Uniform Closing Dataset (UCD) Phase 3B critical edits that limit the fee enumerations allowed in three sections of the Closing Disclosure (CD) will not turn critical/fatal on November 6, 2023, and components intended to provide relief to customers who are experiencing high failure rates for edits validating fees in the noted sections and advise that all other Phase 3B critical edits will transition to critical/fatal as planned on Nov. 6, 2023.

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