Fannie Mae UCD Transfer

The Fannie Mae UCD Transfer option enables correspondent lenders to transfer UCD data to an aggregator. Aggregators have the ability to retrieve the transferred UCD data including the UCD Findings Report, the PDF of the Closing Disclosure, and the UCD XML file from the UCD Collection Solution.

Prerequisites

  • You need to have an established relationship with another lender on the Fannie Mae portal. You must have the UCD_ADMIN role to set up this relationship. To confirm if you are an UCD_ADMIN, verify if you can view the Relationship tab in the Fannie Mae website when you log in.
    • Once a relationship is established between two organizations in the UCD solution, either party can transfer a submitted UCD file to the other party. The correspondent can designate a Casefile ID and a specific aggregator to transfer UCD data.
  • Fannie Mae UCD Transfer needs to be enabled by your Encompass administrator or other authorized user.
  • You can export one loan at a time. Ensure that you have saved your changes to your loan and closed the loan file before you start exporting.

Transfer UCD Data to an Aggregator

  1. Close the loan you want to export and go to your Pipeline.
  2. Click the loan you want to export, and from the Pipeline menu, point to GSE Services, and then click Fannie Mae UCD Transfer, OR,
    • Right-click the loan you want to export, point to GSE Services, and then click Fannie Mae UCD Transfer.
  3. In the Fannie Mae UCD Transfer window, go to the Order Options panel.
    1. From the Lender dropdown list, select from the list of available lenders (if needed).
    2. In the Emails to Notify field, update the email address to which notifications will be sent (if needed).
    3. Click the Order button.

The email notifications for Fannie Mae UCD Transfer are the only medium for you to monitor the status of your order.

Updated Fields

After the Fannie Mae UCD Transfer is successfully processed (as indicated by your email notification), the Correspondent Assignment ID field (field ID MORNET.X126) in the following form will be updated with the Lender Name (Lender Identifier):

  • FNMA Streamlined 1003 input form (for URLA 2009 loans)
  • Fannie Mae Additional Data input form (for URLA 2020 loans)