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Fannie, Freddie issue UCD critical edits Phase 1 announcement
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Regulatory Updates
Wednesday, January 27, 2021
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Fannie Mae and Freddie Mac issued an announcement regarding the two-year transition to convert certain edits in their Uniform Closing Dataset (UCD) collection solutions from warning to critical. It outlined steps to be taken to prepare for the first phase, which begins May 31, 2021. Read on for more details.
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