Tuesday, January 3, 2012

FHFA Again Delays Implementation of Data Program

The Federal Housing Finance Agency has delayed implementation
of a key component of the Uniform Mortgage Data Program for the
fourth time since the program was initiated three years ago, the
agency announced Dec. 14. Lenders and appraisers now have until
July 23, 2012, to implement the UMDPs Uniform Loan Delivery
Dataset, according to the agencys news release. ULDD
implementation, previously scheduled to go into effect March 19,
2012, now allows for voluntary implementation April 23,
2012.

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