Agency Update High level Roadmap

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Presentation transcript:

Agency Update High level Roadmap Q1-2018 Q2-2018 Q3-2018 Q4-2018 UCD Implementation Support UCD and PDF Requirement Date June 25, 2018 UCD Minimum Seller Data Requirement no earlier than January 2019 ULAD/URLA Implementation and Rollout ULAD Testing Begins - January 2019 Fannie Mae / Freddie Mac / FHFA ULDD Phase 3 ULDD Phase 3 Lenders/Technology Partners – Assessment and Implementation ULDD Phase 3 Demographic Information ULDD Phase 3 Mandate – May 20, 2019 eMortgage (eNote Spec) Implement Support testing efforts of vendors/lenders that are ready to deliver eNotes in new format CSP CSP Release 2 / Single Security CSP Release 2 and Single Security - Q2 2019 HMDA HMDA FHA Connection System Update to collect HMDA FHA ULAD/URLA URLA Mapping / Update TOTAL Submission / MISMO Credit Report eCase Binder eCase Binder UCD Collection UCD Collection USDA ULAD/URLA URLA Mapping UCD Collection UCD Collection VA ULAD/URLA URLA Mapping HMDAReporting Implementation of 2015 HMDA final rule – collecting 2018 data for March 1, 2019 reporting CFPB Submit Current Rule Data to CFPB Mar 1. 2018 Know Before You Owe Proposed Rule for purposes of Clarification Ginnie Mae PDD Lenders/Technology Partners – Preparing for PDD Reporting (Effective Date TBD) Version: March 2018 Page 1 – Provided by FHFA’s Inter Agency Technology Workgroup

Agency Reporting Requirements in Production Agency Update Agency Reporting Requirements in Production Agency Reporting Requirements Government Sponsored Enterprises (GSEs) UAD – Uniform Appraisal Dataset UCD – Uniform Closing Dataset ULAD – Uniform Loan Application Dataset ULDD – Uniform Loan Delivery Dataset Conference of State Bank Supervisors (CSBS) MCR – Mortgage Call Report Securities and Exchange Commission (SEC) Regulation AB 2 Federal Reserve Comprehensive Capital Analysis and Review (CCAR) Dodd-Frank Stress Tests Office of the Comptroller of the Currency (OCC) MMR – Mortgage Metrics Report Consumer Financial Protection Bureau (CFPB) HMDA – Home Mortgage Disclosure Act Federal Housing Authority (FHA) Electronic Appraisal Delivery (EAD) Page 2 – Compiled by MISMO Staff