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How do the objectives of the UMDP impact other parts of the loan origination and secondary market delivery process?

April 26, 2017DELIVERY impact loan market Origination process Secondary umdp

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How do the objectives of the UMDP impact other parts of the loan origination and secondary market delivery process?

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Work to assess impacts to various origination and delivery processes is ongoing. Freddie Mac and Fannie Mae will separately address any changes or issues with customers and the industry. We recognize that the MISMO Version 3.0 format offers flexibilities in its structure that can allow for greater efficiency in the movement of origination data to the loan delivery process, and will assess how to leverage that functionality in the future.