GSE Integrations and Services 23.3 October Critical Patch: Feature Enhancements
This section discusses the updates and enhancements to existing forms, features, services, settings, and mappings included in this release.
UCD Phase 3B
Starting November 6, 2023, GSEs (Fannie Mae and Freddie Mac) will convert certain edits in their Uniform Closing Dataset (UCD) collection solutions from Warning to Critical/Fatal. Once a datapoint has transitioned to Critical/Fatal, lenders must rectify quality issues for that data before delivering the loan to either GSE. The following UCD Phase 3B export and mapping logic updates are included in this release so that Encompass users submitting to UCD do not receive a Critical/Fatal error after November 6, 2023:
Mapping updated so that the export only includes escrow data for items escrowed on a loan - Escrowed checkbox AND amount associated with each line (in the 2015 Itemization input form > Escrow item in line 1002 through 1010 Fee Details window) both considered before exporting the ESCROW_ITEM_DETAIL container for corresponding line item (with exception to line 1003 outlined in example below).
XPath: MESSAGE/DOCUMENT_SETS/DOCUMENT_SET/DOCUMENTS/DOCUMENT/DEAL_SETS/DEAL_SET/DEALS/DEAL/LOANS/LOAN/ESCROW/ESCROW_ITEMS/ESCROW_ITEM/ESCROW_ITEM_DETAIL
Example for lines 1002 and 1004 through1010:
-
If Escrowed checkbox is selected for line 1002 (field ID NEWHUD2.X133) AND there is an amount in field ID 230, then send the ESCROW_ITEM_DETAIL for that entry
-
If Escrowed checkbox is selected for line 1002 (field ID NEWHUD2.X133) AND there is NO amount in field ID 230, then do not send the ESCROW_ITEM_DETAIL for that entry
-
If Escrowed checkbox is NOT selected for line 1002 (field ID NEWHUD2.X133) AND there is amount in field ID 230, then do not send the ESCROW_ITEM_DETAIL for that entry
Example for lines 1003 ONLY
-
If Escrowed checkbox is selected for line 1003 (field ID NEWHUD2.X4769) AND there is an amount in field ID 232, then send the ESCROW_ITEM_DETAIL for that entry
-
If Escrowed checkbox is selected for line 1003 (NEWHUD2.X4769) AND there is NO amount in field ID 232, then do not send the ESCROW_ITEM_DETAIL for that entry
-
If Escrowed checkbox is NOT selected for line 1003 (field ID NEWHUD2.X4769) AND there is amount in field ID 232, then do SEND the ESCROW_ITEM_DETAIL for that entry (This is the exception for line 1003 that is different than the other line items)
Export logic updated to not include FEE_DETAIL for RecordingFeeForRelease when entered in Line 1202 in the Recording Fee window.
-
XPath: MESSAGE/DOCUMENT_SETS/DOCUMENT_SET/DOCUMENTS/DOCUMENT/DEAL_SETS/DEAL_SET/DEALS/DEAL/LOANS/LOAN/FEE_INFORMATION/FEES/FEE/FEE_DETAIL
-
Data Points:
-
FeeActualTotalAmount
-
FeeType of RecordingFeeForRelease
-
IntegratedDisclosureSectionType of TaxesAndOtherGovernmentFees
-
-
Logic update: This FEE_DETAIL should NOT be exported with UCD export and only applies to the amount entered in the Recording Fees for Releases window. The field where the Recording Fee for Release entered in the Recording Fee window is field ID 2404.
Mapping logic updated to ensure loan discount points are sent when they are fully paid by seller (Seller Obligated checkbox is selected).
-
XPath: MESSAGE/DOCUMENT_SETS/DOCUMENT_SET/DOCUMENTS/DOCUMENT/DEAL_SETS/DEAL_SET/DEALS/DEAL/LOANS/LOAN/FEE_INFORMATION/FEES/FEE/FEE_DETAIL
-
Data Point: FeeType of 'LoanDiscountPoints'
-
Logic update: If discount points are paid by the seller (Seller Obligated checkbox in the Fee Details - 802 window is selected), loan discount points are now included in the export
Previous Section: Introduction |