VA encourages lenders and authorized representatives to utilize WebLGY correspondence to upload copies of origination loan documents, uniform closing dataset (UCD), and uniform loan application dataset (ULAD) files to VA.

· Establishing best practices for how to populate the ULAD for VA loans, · Providing the lending community with the knowledge of how that data will be extracted for use in VA post-closing loan reviews.

The Department of Veterans Affairs (VA) Loan Guaranty Service (LGY) is publishing this Circular to inform lenders of VA system enhancements, and a new optional procedure in which lenders may upload the Uniform Closing Dataset (UCD) and Uniform Loan

Fannie Mae and Freddie Mac (the GSEs) redesigned the Uniform Residential Loan Application (URLA) (Fannie Mae Form 1003) and created new automated underwriting system (AUS) specifications (Fannie Mae Desktop Underwriter ® [DU ®] Spec) to help lenders better capture relevant loan application information and support the industry’s move to digitize ...

VA Circular 26-22-16 requires lenders to upload the Uniform Loan Application Dataset (ULAD), and the Uniform Closing Dataset (UCD) for loans called for FFLR. Lenders should upload the ULAD and UCD, in addition to the documents required in VA's stacking order, into WebLGY correspondence using the document upload function.

2022年9月19日 · The Department of Veterans Affairs (VA) is publishing this Circular to advise that starting December 1, 2022, lenders are to include the Uniform Loan Application Dataset (ULAD), and the Uniform Closing Dataset (UCD) when a loan is …

What is the Uniform Residential Loan Application (URLA)? The URLA (also known as the Freddie Mac Form 65/Fannie Mae Form 1003) is a standardized document used by borrowers to apply for a mortgage. The URLA is jointly published by the GSEs and has been in use for more than 40 years in all U.S. states and territories. Q2.

Beginning in April, lenders have the option of uploading the Uniform Closing Dataset (“UCD”) and Uniform Loan Application Dataset (“ULAD”) for any loan selected by VA for a full-file loan review. When the VA selects a loan for full-file loan review, a letter is sent to the lender requesting copies of origination loan documents.

This document details how LGY extracts information from the Uniform Loan Application Dataset (“ULAD”) submitted with the loan submitted for pre-close and/or remitted for guaranty. It is meant to foster transparency and certainty in the lending community by:

VA issued Circular 26-22-16 (Circular), requiring the upload of the Uniform Loan Application Dataset (ULAD) and Uniform Closing Dataset (UCD) in connection with a full file loan review (FFLR). Per the Circular, when a loan is selected for a FFLR, lenders must now upload the ULAD and UCD into WebLGY (in addition to the loan origination file ...