Freddie Mac Uniform Loan Delivery Dataset (ULDD)

Wolters Kluwer has partnered with Freddie Mac to offer mutual customers the ability to submit loans to the Freddie Mac web-based Loan Selling Advisor application from mortgage. Users are able to export a closed loan file from mortgage in a required XML format and subsequently import the same file into the Freddie Mac Loan Selling Advisor application.

Freddie Mac Loan Selling Advisor is accessible to users via single sign-on in the Loan Advisor portal. Loan Selling Advisor provides a seamless secondary marketing process that incorporates pricing, contracting, loan entry, loan allocation, purchase edits, note certification, contract settlement, and funding functionalities. Lenders will use Loan Selling Advisor to sell and deliver loans from mortgage to Freddie Mac.

Under the direction of Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac, the government-sponsored enterprises (the GSEs), defined and agreed upon a common set of loan delivery data requirements applicable to each GSE’s loan delivery process and business policies. The Mortgage Industry Standards Maintenance Organization’s (MISMO) Version 3.0 Reference Model serves as the basis for the Uniform Loan Delivery Dataset (ULDD) that Fannie Mae and Freddie Mac require for all single-family loan deliveries. The existence of the Uniform Loan Delivery Dataset helps both sellers and the GSEs manage risk through efficient collection and use of consistent information about loan terms, collateral, and borrowers.