17-24: Uniform Closing Dataset Requirements


To ensure Fannie Mae and Freddie Mac (GSE) compliance, PennyMac will require that Correspondents submit Uniform Closing Dataset (UCD) files to both GSEs and provide evidence of a successful submission via the UCD Findings Reports. This requirement applies to all conventional loans with a Note dated on or after September 25, 2017.

Additionally, the GSEs have announced that the Closing Disclosure PDF will not be required to be embedded within the UCD XML file until April 2018. For additional information, please refer to the UCD Implementation Update dated June 6, 2017.

Please contact your Sales Representative with any questions.