uniform closing dataset (ucd) specification...read me this addendum to appendices a/b: closing...

Uniform Closing Dataset (UCD) Specification Issued by Fannie Mae and Freddie Mac

Appendix A: Closing Disclosure Mapping to the MISMO v3.3 Reference Model

Document Version 1.3 - AddendumJune 30, 2015

in support of the

Integrated Mortgage Closing Disclosure under the Real Estate Settlement Procedures Act (Regulation X)

and the Truth In Lending Act (Regulation Z)

Issued by the CONSUMER FINANCIAL PROTECTION BUREAU

Published in the Federal Register on December 31, 2013

©2015 Freddie Mac and Fannie Mae. All Rights Reserved.

MISMO® is a registered trademark of the Mortgage Industry Standards Maintenance Organization.

This document relates to the Uniform Mortgage Data Program®, an effort undertaken jointly by Freddie Mac and Fannie Mae at the direction of their regulator, the Federal Housing Finance Agency.

Confidential - Internal Distribution

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This Addendum to Appendices A/B: Closing Disclosure Mapping to the MISMO v3.3.0 Reference Model Document v1.3 , is intentended to provide implementers with timely notice about corrections

identified to date by various stakeholders. These changes, and any others that are subsequently identified, will be incorporated into the next full release of the UCD documentation planned for later

this year.

This Addendum contains a list of these changes in XPath order.The Addendum is structured exactly like Appendix I, with the inclusion of two additional columns: Change Category-- Provides quick,

high-level view of the change(s) to the associated data point; and Change Description --comments to add background behind or explanation of the change.

Changes are indicated in the body of the worksheet as either Red Strikethrough (Red Strikethrough) for text that is being removed or Blue Underline (Blue Underline) for text that is being added. If an

enumeration is being added or deleted, only that enumeration is shown; the entire valid enumerated list is not repeated here.

The revisions in this Addendum fall into the following categories:

Revise Form Field ID / Name: 4

Revise XPath: 7

Add Data Points: 7

Delete Data Points: 5

Add Enumerations: For 15 data points

Deleted Enumerations: From 8 data points

Revise Conditionality: 6

Revise Conditionality Details: 43

Revise Notes: 9

Correct typo: 2

Note that the following data points are added to existing v3.3.0 structures through the use of the EXTENSION/OTHER containers.

DOCUMENT_CLASSIFICATION_DETAIL/EXTENSION/OTHER/DocumentSignatureRequiredIndicator

Appendix A/B: Closing Disclosure Mapping to the MISMO v3.3.0 Reference Model

Read Me 2 of 14Document Version 1.3 - Addendum

June 30, 2015

UCD Delivery Specification Updates

Unique ID Change Category

(Add | Delete |

Revise)

Change Description UCD Sort

ID

UCD Data Point

Category

Closing

Disclosure

Form Field

ID

Closing Disclosure

Form Field Name

MISMO v3.3 XPath MISMO v3.3 Parent

Container

MISMO v3.3 Data Point Name MISMO v3.3 Data Point

Definition

UCD Supported Enumerations UCD

Conditionality

UCD Conditionality Details UCD Format

2.001 Add

Enumerations

Add enums to support

provision of Closing

Disclosure to non-borrower

non-title spouses and other

57 CFPB Form

Requirement

2.1 Borrower MESSAGE/DOCUMENT_SETS/DOCUMENT_S

ET/DOCUMENTS/DOCUMENT/DEAL_SETS/D

EAL_SET/DEALS/DEAL/PARTIES/PARTY/ROLE

S/ROLE/ROLE_DETAIL

ROLE_DETAIL PartyRoleType Identifies the role that the

party plays in the

transaction. Parties may

be either a person or legal

NonTitleSpouse

TitleHolder

R Enumerated

4.035 Revise

Conditionality

Details

Update Cond. Dets. to use

new

BuydownReflectedInNoteIndi

cator

129 CFPB Form

Requirement

4.2.1 Interest Rate MESSAGE/DOCUMENT_SETS/DOCUMENT_S


EAL_SET/DEALS/DEAL/LOANS/LOAN/BUYDO

WN/BUYDOWN_OCCURRENCES/BUYDOWN_

OCCURRENCE

BUYDOWN_OCCURREN

CE

BuydownInitialEffectiveInterestRa

tePercent

The final bought down

interest rate. The rate that

the applicant will pay after

the buydown is applied.

CR IF BuydownReflectedInNoteIndicator =

"true"

BuydownTemporarySubsidyFundingIndica

tor = "true" AND

Percent 3.4

4.036 Revise

Conditionality

Details


new


cator

130 CFPB Form

Requirement



EAL_SET/DEALS/DEAL/LOANS/LOAN/TERMS_

OF_LOAN

TERMS_OF_LOAN WeightedAverageInterestRatePer

cent

An average of the different

interest rates applicable to

the transaction, based on

the portions of the

amount to which each


“false” AND interest rate is precomputed

Percent 3.4

4.037 Revise

Conditionality

Details

Correct Cond. Dets. 131 CFPB Form

Requirement




OF_LOAN

TERMS_OF_LOAN DisclosedFullyIndexedRatePercen

t

The value of the fully

indexed interest rate,

expressed as a percent,

that must be disclosed to

the borrower for

adjustable rate mortgages.

CR IF AmortizationType = “AdjustableRate”

AND interest rate (start rate) is not known

at consummation.interest rate changes

based upon an external index

Percent 3.4

4.006 Revise

Conditionality

Details | Revise

Notes


new


cator and Consistency with

App H/I .

127 CFPB Form

Requirement

4.2.1 Initial Interest Rate MESSAGE/DOCUMENT_SETS/DOCUMENT_S



OF_LOAN

TERMS_OF_LOAN NoteRatePercent The actual interest rate as

disclosed on the note.

CR IF

BuydownReflectedInNoteTemporarySubsi

dyFundingIndicator = "false" AND interest

rate is NOT precomputed AND interest

rate (start rate) note rate is known at time

of consummation.

Percent 3.4

4.009 Revise

Conditionality

Details

Allow structure to be used

for both ARMs and Step Rate

loans. Buydowns have own

structure.

139 CFPB Form

Requirement

4.2.3 Interest Rate - YES MESSAGE/DOCUMENT_SETS/DOCUMENT_S


EAL_SET/DEALS/DEAL/LOANS/LOAN/ADJUST

MENT/INTEREST_RATE_ADJUSTMENT/INTER

EST_RATE_LIFETIME_ADJUSTMENT_RULE

INTEREST_RATE_LIFETI

ME_ADJUSTMENT_RUL

E

CeilingRatePercentEarliestEffectiv

eMonthsCount

The minimum number of

months at which the

maximum interest rate

could be reached.

CR IF InterestRateIncreaseIndicator = "true"

AND BuydownReflectedInNoteIndicator =

"false" AmortizationType =

"AdjustableRate".

Numeric 3

4.008 Revise

Conditionality

Details




structure.

140 CFPB Form

Requirement

4.2.3 Interest Rate - YES

Maximum Interest

Rate

MESSAGE/DOCUMENT_SETS/DOCUMENT_S






ME_ADJUSTMENT_RUL

E

CeilingRatePercent The stated maximum

percentage to which the

interest rate can increase

over the life of the loan.




"AdjustableRate".

Percent 3.4

4.012 Revise

Conditionality

Details




structure.

138 CFPB Form

Requirement

4.2.3 Interest Rate - YES

Limits on Interest Rate -

Change Frequency -

First Change







ME_ADJUSTMENT_RUL

E

FirstRateChangeMonthsCount The number of months

after origination in which

the first interest rate

adjustment occurs, if the

interest rate on the

subject loan can change.



"false"

Numeric 3

4.011 Revise

Conditionality

Details

Correct Cond. Details 137 CFPB Form

Requirement





EST_RATE_PER_CHANGE_ADJUSTMENT_RUL

ES/INTEREST_RATE_PER_CHANGE_ADJUSTM

INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE

PerChangeRateAdjustmentFreque

ncyMonthsCount

The number of months

between rate adjustments,

if the interest rate on the




"false"

Numeric 3

4.010 Revise

Conditionality

Details




structure.

136 CFPB Form

Requirement






INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE

AdjustmentRuleType Specifies whether the

occurrence of the

adjustment is the first

change or a subsequent

change.

First CR IF InterestRateIncreaseIndicator = "true"


"false"

Enumerated

4.028 Revise

Conditionality

Details | Revise

Notes

Indicate mutual exclusivity 158 CFPB Form

Requirement

4.4.3 Prepayment Penalty -

YES



EAL_SET/DEALS/DEAL/LOANS/LOAN/PREPAY

MENT_PENALTY/PREPAYMENT_PENALTY_LIF

ETIME_RULE

PREPAYMENT_PENALTY

_LIFETIME_RULE

PrepaymentPenaltyExpirationDat

e

The last date when a

prepayment penalty may

be imposed.

CR IF PrepaymentPenaltyIndicator = "true"

AND

PrepaymentPenaltyExpirationMonthsCou

nt does not exist

YYYY-MM-DD

4.044 Revise

Conditionality

Details | Revise

Notes

Indicate mutual exclusivity 156 CFPB Form

Requirement

4.4.3 Prepayment Penalty -

YES



EAL_SET/DEALS/DEAL/LOANS/LOAN/PREPAY

MENT_PENALTY/PREPAYMENT_PENALTY_LIF

ETIME_RULE

PREPAYMENT_PENALTY

_LIFETIME_RULE

PrepaymentPenaltyExpirationMo

nthsCount


from the loan closing that

a prepayment penalty may

be imposed.

CR IF PrepaymentPenaltyIndicator = "true"

AND PrepaymentPenaltyExpirationDate

does not exist.

Numeric 3

5.074 Revise

Conditionality

Details

Simplification of

Conditionality Details

193 CFPB Form

Requirement

5.1.2 | 5.1.3

| 5.1.4

Payment Calculation -

Years



EAL_SET/DEALS/DEAL/LOANS/LOAN/DOCUM

ENT_SPECIFIC_DATA_SETS/DOCUMENT_SPE

CIFIC_DATA_SET/INTEGRATED_DISCLOSURE/

PROJECTED_PAYMENTS/PROJECTED_PAYME

PROJECTED_PAYMENT ProjectedPaymentCalculationPeri

odEndNumber

The end number of the

projected payment period.

Used in conjunction with

Projected Payment

Calculation Period Term

Type.

CR IF SequenceNumber = "2" OR "3" OR "4"

IF changes occur to the payment after the

first period.

Numeric 2

Appendix H/I: UCD Delivery Specification - Addendum

UCD Delivery Specification 3 of 14Document Version 1.1 - Addendum

June 30, 2015



(Add | Delete |

Revise)


ID

UCD Data Point

Category

Closing

Disclosure

Form Field

ID

Closing Disclosure

Form Field Name


Container


Definition


Conditionality


5.072 Add

Enumerations |

Revise

Conditionality

Details

Add enum to support final

balloon payment | Revise

Cond. Det. to capture all

events that would require

more than one Projected

Payments table column

191 CFPB Form

Requirement

5.1.2 | 5.1.3

| 5.1.4


Years








odTermType

The duration of time used

to define the projected

payment period.

Other CR IF BalloonIndicator = "true" AND this is

the period for the final payment

IF changes occur to the payment after the

first period.

Enumerated

5.104 Add Data Point Addition of data point

to support terminology

needed for last column of

Projected Payments table for

Balloon loans

TBD CFPB Form

Requirement

5.1.2 | 5.1.3

| 5.1.4


Years







odTermTypeOtherDescription

A free-form text field used

to capture additional

information when Other is

selected for Projected

Payment Calculation

FinalPayment CR IF

ProjectPaymentCalculationPeriodTermTyp

e = "Other".

String 30

5.077 Revise

Conditionality

Details

Simplification of


196 CFPB Form

Requirement

5.2.5 | 5.2.7

| 5.2.9

Principal & Interest MESSAGE/DOCUMENT_SETS/DOCUMENT_S




PROJECTED_PAYMENT ProjectedPaymentPrincipalAndInt

erestMaximumPaymentAmount

The maximum amount of

the principal and interest

payment during the



IF AmortizationType <> "Fixed"

Amount 9.2

5.007 Revise UCD Notes If MIRequriedIndicator =

"false", must pass a "0" for

the first instance.

182 CFPB Form

Requirement

5.3.1 Mortgage Insurance MESSAGE/DOCUMENT_SETS/DOCUMENT_S






NT

PROJECTED_PAYMENT ProjectedPaymentMIPaymentAm

ount

The amount of the

payment that is applied

toward mortgage

insurance during the


R Amount 9.2

5.080 Revise

Conditionality

Details

Simplification of


200 CFPB Form

Requirement

5.3.2 | 5.3.3

| 5.3.4

Mortgage Insurance MESSAGE/DOCUMENT_SETS/DOCUMENT_S






PROJECTED_PAYMENT ProjectedPaymentMIPaymentAm

ount

The amount of the

payment that is applied

toward mortgage

insurance during the



IF MIRequiredIndicator = "true" and IF

additional period of payments exists.

Amount 9.2

5.082 Revise

Conditionality

Details

Simplification of


202 CFPB Form

Requirement

5.4.2 | 5.4.3

| 5.4.4

Estimated Escrow

YES- Initial Escrow

Payment







NT

PROJECTED_PAYMENT ProjectedPaymentEstimatedEscro

wPaymentAmount

The estimated amount of

the payment that is

applied toward escrows

during the projected

payment period.


IF EscrowIndication = "true" AND

additional period of payments exist.

Amount 9.2

5.009 | 5.084 Revise XPath Moved from PAYMENT_RULE

to PROJECTED_PAYMENT

142 CFPB Form

Requirement

5.5 Estimated Total

(Period) Payment

Estimated Taxes,




PROJECTED_PAYMENT_

RULE

PaymentFrequencyType Specifies the frequency of

the mortgage payment.

Annual

AtMaturity

Biweekly

R Enumerated

5.048 Revise

Conditionality

Details

Correction to Non-Seller


188 CFPB Form

Requirement

5.5.1 Estimated Total

(Period) Payment






PROJECTED_PAYMENT ProjectedPaymentEstimatedTotal

MinimumPaymentAmount

The estimated minimum

amount of the total

payment during the


CR IF there is a total payment range for this

period.

Amount 9.2

5.086 Revise

Conditionality

Details

Simplification of


206 CFPB Form

Requirement

5.5.4 | 5.5.6

| 5.5.8

Estimated Total

(Period) Payment







NT

PROJECTED_PAYMENT ProjectedPaymentEstimatedTotal

MaximumPaymentAmount

The estimated maximum

amount of the total

payment during the



IF AmortizationType <> "Fixed" and there

are distinct minimum and maximum

values

Amount 9.2

5.065 Revise XPath Moved from PAYMENT_RULE

to PROJECTED_PAYMENT

142 CFPB Form

Requirement

5.6.2 Estimated Total

(Period) Payment

Estimated Taxes,




PROJECTED_PAYMENT_

RULE

PaymentFrequencyType Specifies the frequency of

the mortgage payment.

Annual

AtMaturity

Biweekly

R Enumerated

7.026 Add

Enumerations

263 CFPB Form

Requirement

7.5 B. Services Borrower

Did Not Shop For - Fee

Description



EAL_SET/DEALS/DEAL/LOANS/LOAN/FEE_INF

ORMATION/FEES/FEE/FEE_DETAIL

FEE_DETAIL FeeType Specifies the general type

of fees associated with a

real estate finance

transaction.

MIUpfrontPremium CR IF services borrower did not shop for are

part of this transaction.

Enumerated

8.276 Add

Enumerations |

Delete

Enumerations

Provide enumerated list for

EscrowItemType (not

EscrowCategoryItemType)

397 CFPB Form

Requirement

8.12 G. Initial Escrow

Payment at Closing -

Mortgage Insurance



EAL_SET/DEALS/DEAL/LOANS/LOAN/ESCRO

W/ESCROW_ITEMS/ESCROW_ITEM/ESCROW

_ITEM_DETAIL

ESCROW_ITEM_DETAIL EscrowItemType Specifies the type of

Escrow Item.

MortgageInsurance

MI

CR IF escrow item exists. Enumerated

8.284 Add

Enumerations |

Delete

Enumerations


EscrowItemType (not


408 CFPB Form

Requirement



Property Taxes





_ITEM_DETAIL


Escrow Item.

CityPropertyTax

CountyPropertyTax

DistrictPropertyTax

StatePropertyTax

TownPropertyTax

PropertyTaxes




June 30, 2015



(Add | Delete |

Revise)


ID

UCD Data Point

Category

Closing

Disclosure

Form Field

ID

Closing Disclosure

Form Field Name


Container


Definition


Conditionality


8.175 Add

Enumerations |

Delete

Enumerations


EscrowItemType (not


419 CFPB Form

Requirement



Other Items





_ITEM_DETAIL


Escrow Item.

AssessmentTax

CondominiumAssociationDues

CondominiumAssociationSpecialAssessment

CooperativeAssociationDues

CooperativeAssociationSpecialAssessment

EarthquakeInsurance

FloodInsurance

HailInsurancePremium

HomeownersAssociationDues

HomeownersAssociationSpecialAssessment

VolcanoInsurance

WindStormInsurance

AssociationDues

Holdback


10.197 Add

Enumerations

580 CFPB Form

Requirement

11.8 K. Due from Borrower

at Closing -

Adjustments for Items



EAL_SET/DEALS/DEAL/LOANS/LOAN/CLOSIN

PRORATION_ITEM ProrationItemType Identification of a monthly

housing expense

component that must be

Other CR IF adjustment for item paid by seller in

advance exists.

Enumerated

10.205 Delete

Enumerations |

Revise Notes

Mistakenly included as a

ProrationItemType

enumeration.

589 CFPB Form

Requirement

11.9 M. Due to Seller at

Closing - Adjustments

for Items Paid By Seller

in Advance - Other




G_INFORMATION/PRORATION_ITEMS/PROR

ATION_ITEM

PRORATION_ITEM ProrationItemTypeOtherDescripti

on


to collect additional


selected for Proration Item

Type.

SellersReserveAccountAssumption CR IF ProrationItemType = "Other". String 150

10.291 Revise

Conditionality

Details

Correct Cond. Dets. 605 CFPB Form

Requirement

12.4 L. Paid Already by or

on Behalf of Borrower

at Closing - Other

Items Amount



EAL_SET/DEALS/DEAL/LOANS/LOAN/LOAN_

DETAIL

LOAN_DETAIL TotalSubordinateFinancingAmou

nt

The total amount of

subordinate financing

associated with the loan.

For example, the

subordinate financing

amount as disclosed in the

Details of Transaction

CR IF "ClosingAdjustmentItemType =

ProceedsofSubordinatedLiens"

IF ClosingAdjustmentItemType =

"SatisfactionOfSubordinateLien" AND item

exists

Amount 9.2

10.119 Add

Enumerations

620 CFPB Form

Requirement



at Closing - Other

Credits




G_INFORMATION/CLOSING_ADJUSTMENT_I

TEMS/CLOSING_ADJUSTMENT_ITEM/CLOSIN

CLOSING_ADJUSTMENT

_ITEM_DETAIL

ClosingAdjustmentItemTypeOthe

rDescription




selected for Closing

Adjustment Item Type.

SellersReserveAccountAssumption CR IF ClosingAdjustmentItemType = "Other" String 150

10.006 Revise

Conditionality |

Revise

Conditionality

636 CFPB Form

Requirement



at Closing -






PRORATION_ITEM IntegratedDisclosureSectionType The title or description

used to identify a primary

section of the integrated

disclosure document.

PaidAlreadyByOrOnBehalfOfBorrowerAtClosing CR

R

IF Unique ID 10.215 exists in the

transaction.

Enumerated

10.227 Add

Enumerations

652 CFPB Form

Requirement



at Closing -


Unpaid by Seller -

Assessment





ATION_ITEM


housing expense


paid in advance.

Other CR IF adjustment for item unpaid by seller in

advance exists.

Enumerated

10.234 Delete

Enumerations |

Revise Notes


ProrationItemType

enumeration.

661 CFPB Form

Requirement



at Closing -


Unpaid by Seller -

Other





ATION_ITEM


on





Type.

SellersReserveAccountAssumption CR IF ProrationItemType = "Other" String 150

10.246 Add

Enumerations

702 CFPB Form

Requirement








housing expense


Other CR IF adjustment for item due to seller at

closing exists.

Enumerated

10.120 Delete

Enumerations |

Revise Notes


ProrationItemType

enumeration.

711 CFPB Form

Requirement




in Advance - Other





ATION_ITEM


on





Type.


10.317 Revise Form Field

ID / Name

Addresses business case

where Seller pays off certain

existing liabilities as part of a

745 CFPB Form

Requirement

15.6

15.8

N. Due from Seller at

Closing -

Other Items



EAL_SET/DEALS/DEAL/LIABILITIES/LIABILITY/

OTHER IntegratedDisclosureSectionType The title or description

used to identify a primary

section of the integrated

DueFromSellerAtClosing CR IF Unique ID 10.304 exists in the

transaction.

Enumerated


ID / Name




750 CFPB Form

Requirement

15.6

15.8


Closing -

Other Items




LIABILITY_DETAIL LiabilityDescription A text description that

further defines the

Liability. This could be

CR IF Borrower is paying off the Seller's

subordinate lien.

String 150


ID / Name




747 CFPB Form

Requirement

15.6

15.8


Closing -

Other Items




LIABILITY_DETAIL DisplayLabelText A free-form text field that

provides a human-

readable, display-ready

CR IF text displayed on the form differs from

the associated enumeration.

String 150


ID / Name




746 CFPB Form

Requirement

15.8 N. Due from Seller at

Closing -

Other Items




LIABILITY_DETAIL LiabilityType Specifies the general

names (types) of items

commonly listed as

CollectionsJudgmentsAndLiens

DeferredStudentLoan

Garnishments

CR IF liability to be paid off is Due From Seller

at Closing.

Enumerated

10.261 Add

Enumerations |

Revise Notes

Add enumeration to use with

ClosingAdjustmentTypeOthe

rDesciption if applicable.

754 CFPB Form

Requirement


Closing




G_INFORMATION/CLOSING_ADJUSTMENT_I

TEMS/CLOSING_ADJUSTMENT_ITEM/CLOSIN

CLOSING_ADJUSTMENT

_ITEM_DETAIL

ClosingAdjustmentItemTypeOthe

rDescription




selected for Closing

Adjustment Item Type.

SellersReserveAccountAssumption CR IF ClosingAdjustmentItemType = "Other". String 150

10.281 Add

Enumerations

773 CFPB Form

Requirement


Closing -Adjustments

for Items Unpaid by





housing expense


Other CR IF item exists. Enumerated



June 30, 2015



(Add | Delete |

Revise)


ID

UCD Data Point

Category

Closing

Disclosure

Form Field

ID

Closing Disclosure

Form Field Name


Container


Definition


Conditionality


10.152 Delete

Enumerations |

Revise Notes


ProrationItemType

enumeration.

782 CFPB Form

Requirement


Closing -Adjustments

for Items Unpaid by

Seller - Other





ATION_ITEM


on





Type.


11.090 Add

Enumerations

Allows more flexibility in

disclosing how a partial

payment will be processed.

804 CFPB Form

Requirement

17.5 Partial Payments MESSAGE/DOCUMENT_SETS/DOCUMENT_S


EAL_SET/DEALS/DEAL/LOANS/LOAN/PAYME

PARTIAL_PAYMENT PartialPaymentApplicationMetho

dType

The method used for

applying a partial payment

to the loan.

Other CR IF PartialPaymentAllowedIndicator =

"true".

Enumerated

11.115 Add Data Point Addition of data point

to support more flexibility in

disclosing how a partial

payment will be processed.

TBD CFPB Form

Requirement

17.5 Partial Payments MESSAGE/DOCUMENT_SETS/DOCUMENT_S


EAL_SET/DEALS/DEAL/LOANS/LOAN/PAYME

NT/PARTIAL_PAYMENTS/PARTIAL_PAYMENT

PARTIAL_PAYMENT PartialPaymentApplicationMetho

dTypeOtherDescription




selected for Partial

CR IF PartialPaymentApplicationMethodType

= "Other"

String 150

11.038 Delete Data Point Replaced by an EXTENSION

to PAYMENT_RULE:

TotalOptionPaymentCount.

835 CFPB Form

Requirement

19.2.1 Optional Payments? MESSAGE/DOCUMENT_SETS/DOCUMENT_S



PRINCIPAL_AND_INTER

EST_ADJUSTMENT_LIMI

TED_PAYMENT_OPTION

LimitedPrincipalAndInterestPaym

entPeriodEndDate

The date on which the

limited principal and

interest payment option

CR IF PaymentOptionIndicator = "true".

11.092 Delete Data Point Replaced by an EXTENSION

to PAYMENT_RULE:

TotalOptionPaymentCount.

834 CFPB Form

Requirement

19.2.1 Optional Payments? MESSAGE/DOCUMENT_SETS/DOCUMENT_S



PRINCIPAL_AND_INTER

EST_ADJUSTMENT_LIMI

TED_PAYMENT_OPTION

LimitedPrincipalAndInterestPaym

entEffectiveDate

The date on which the

limited principal and

interest payment option

CR IF PaymentOptionIndicator = "true".

11.056 Revise

Conditionality

Details




structure.

854 CFPB Form

Requirement

20.1 Margin MESSAGE/DOCUMENT_SETS/DOCUMENT_S





ME_ADJUSTMENT_RUL

E

MarginRatePercent The number of percentage

points to be added to the

index to arrive at the new

interest rate.


AND AmortizationType =

"AdjustableRate".

Percent 3.4

11.116 Add Data Point Map data point to Initial

Interest Rate in AIR Table

TBD CFPB Form

Requirement

20.2 Initial Interest Rate MESSAGE/DOCUMENT_SETS/DOCUMENT_S



WN/BUYDOWN_OCCURRENCES/BUYDOWN_

OCCURRENCE

BUYDOWN_OCCURREN

CE

BuydownInitialEffectiveInterestRa

tePercent

The final bought down

interest rate. The rate that

the applicant will pay after

the buydown is applied.


"true"

Percent 3.4



TBD CFPB Form

Requirement




OF_LOAN

TERMS_OF_LOAN DisclosedFullyIndexedRatePercen

t

The value of the fully

indexed interest rate,

expressed as a percent,

that must be disclosed to

the borrower for

adjustable rate mortgages.

CR IF AmortizationType = “AdjustableRate”

AND interest rate (start rate) is not known

at consummation.

Percent 3.4

11.057 Revise

Conditionality

Details


new


cator

857 CFPB Form

Requirement




OF_LOAN

TERMS_OF_LOAN NoteRatePercent The actual interest rate as

disclosed on the note.

CR IF

BuydownReflectedInNoteTemporarySubsi

dyFundingIndicator = "false" AND interest

rate is not precomputed AND note rate is

known at time of consummation.

Percent 3.4



TBD CFPB Form

Requirement




OF_LOAN

TERMS_OF_LOAN WeightedAverageInterestRatePer

cent

An average of the different

interest rates applicable to

the transaction, based on

the portions of the

amount to which each


“false” AND interest rate is precomputed

Percent 3.4

11.101 Delete Data Point Replaced with

FirstRateChangeMonthsCoun

t

137 CFPB Form

Requirement

20.2 MESSAGE/DOCUMENT_SETS/DOCUMENT_S





INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE


ncyMonthsCount







"AdjustableRate".

Numeric 3

11.059 Revise

Conditionality

Details




structure.

140 CFPB Form

Requirement

20.3 Maximum Interest

Rate







ME_ADJUSTMENT_RUL

E

CeilingRatePercent The stated maximum

percentage to which the

interest rate can increase

over the life of the loan.



"false"

Percent 3.4

11.058 Revise

Conditionality

Details




structure.

858 CFPB Form

Requirement

20.3 Minimum Interest Rate MESSAGE/DOCUMENT_SETS/DOCUMENT_S






ME_ADJUSTMENT_RUL

E

FloorRatePercent The stated minimum

percentage the interest

rate can decrease to over

the life of the loan.



"false"

Percent 3.4

11.105 Revise

Conditionality

Details




structure.

138 CFPB Form

Requirement

20.4 Limits on Interest Rate -

Change Frequency -

First Change







ME_ADJUSTMENT_RUL

E

FirstRateChangeMonthsCount The number of months

after origination in which

the first interest rate

adjustment occurs, if the

interest rate on the




"false"

Numeric 3

11.063 Revise

Conditionality

Details




structure.

136 CFPB Form

Requirement


Change Frequency -

First Change







INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE


occurrence of the



change.




"AdjustableRate".

Enumerated

11.064 Delete Data Point Replaced with

FirstRateChangeMonthsCoun

t

137 CFPB Form

Requirement


Change Frequency -

First Change Month





INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE


ncyMonthsCount







"AdjustableRate".

Numeric 3



June 30, 2015



(Add | Delete |

Revise)


ID

UCD Data Point

Category

Closing

Disclosure

Form Field

ID

Closing Disclosure

Form Field Name


Container


Definition


Conditionality


11.112 Correct typo Add missing definition 870 CFPB Form

Requirement

20.6 Limits on Interest Rate

Changes - First Change

(%)




WN/BUYDOWN_RULE/EXTENSION/OTHER

OTHER BuydownReflectedInNoteIndicato

r

When true, indicates that

the buydown rate is

reflected in the note.

false

true

CR If

BuydownTemporarySubsidyFundingIndica

tor = "True

Boolean

11.078 Revise

Conditionality

Details




structure.

136 CFPB Form

Requirement



(%)







ENT_RULE

INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE


occurrence of the



change.



"false"

Enumerated

11.079 Revise

Conditionality

Details




structure.

868 CFPB Form

Requirement



(%)







ENT_RULE

INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE

PerChangeMaximumIncreaseRate

Percent

The maximum number of

percentage points by

which the rate can

increase from the previous

interest rate.


AND AdjustmentRuleType="First"

BuydownReflectedInNoteIndicator =

"false"

Percent 3.4

11.061 Revise

Conditionality

Details




structure.

865 CFPB Form

Requirement


Changes - Subsequent

Changes (%)







ENT_RULE

INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE


occurrence of the



change.

Subsequent CR IF InterestRateIncreaseIndicator = "true"


"false"

Enumerated

11.062 Revise

Conditionality

Details




structure.

866 CFPB Form

Requirement


Change Frequency -

Subsequent Change

Limits on Interest Rate -

Change Frequency -

First Change Month







INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE


ncyMonthsCount






AND AdjustmentRuleType="Subsequent"


"false"

Numeric 3

11.065 Revise

Conditionality

Details




structure.

871 CFPB Form

Requirement



Changes (%)







INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE


occurrence of the



change.

Subsequent CR IF InterestRateIncreaseIndicator = "true"



"false"

Enumerated

11.066 Revise

Conditionality

Details




structure.

873 CFPB Form

Requirement



Changes (%)







INTEREST_RATE_PER_C

HANGE_ADJUSTMENT_

RULE

PerChangeMaximumIncreaseRate

Percent

The maximum number of

percentage points by

which the rate can

increase from the previous

interest rate.




"false"

Percent 3.4

0.033 Revise

Conditionality

Details

Simplify and add mutual

exclusivity

20 CFPB Form

Requirement

24.2 Confirm Receipt -

Applicant Signature /

Date


ET/DOCUMENTS/DOCUMENT/SIGNATORIES/

SIGNATORY/EXECUTION/EXECUTION_DETAIL

EXECUTION_DETAIL ExecutionDate The date the signature was

or will be affixed to the

document.

CR IF ActualSignatureType = "Wet" AND IF

ExecutionDatetime does not exist

IF ExecutionDatetime is not present.

YYYY-MM-DD

0.049 Revise

Conditionality

Details

Simplify and add mutual

exclusivity

21 CFPB Form

Requirement

24.2 Confirm Receipt -

Applicant Signature /

Date




EXECUTION_DETAIL ExecutionDatetime The date and time the

signature was affixed to

the document.

CR IF ActualSignatureType <> "Wet" AND IF a

date and time stamp is provided by the

signing system.

YYYY-MM-

DDThh:mm:ss

7.091 Revise

Conditionality

Require data point even

when value equals zero.

471 GSE Requirement GSE GSE Specific Data

Point



EAL_SET/DEALS/DEAL/LOANS/LOAN/HIGH_C

HIGH_COST_MORTGAG

E

RegulationZTotalAffiliateFeesAmo

unt

The total amount of fees,

expressed in dollars, paid

to an affiliate(s) of the

R

CR

If Affiliate fees exist. Amount 9.2

8.256 Revise XPath Data point should be

associated with fee, not

payment


Point




G_INFORMATION/PREPAID_ITEMS/PREPAID

_ITEM/PREPAID_ITEM_PAYMENTS/PREPAID_

ITEM_PAYMENT/PREPAID_ITEM_DETAIL

PREPAID_ITEM_PAYME

NT_DETAIL

RegulationZPointsAndFeesIndicat

or


item is included in the

Regulation Z Points and

Fees calculation.

false

true

CR IF PrepaidItemType exists AND <>

"PropertyTaxes"

Boolean

8.181 Revise XPath |

Revise

Conditionality

Details

Data point should be


payment


Point





_ITEM/PREPAID_ITEM_PAYMENTS/PREPAID_

PREPAID_ITEM_PAYME

NT_DETAIL


or




Fees calculation.

false

true


"PropertyTaxes"

Boolean


Revise

Conditionality

Details



payment


Point





PREPAID_ITEM_PAYME

NT_DETAIL


or




Fees calculation.

false

true


"PropertyTaxes"

Boolean



June 30, 2015



(Add | Delete |

Revise)


ID

UCD Data Point

Category

Closing

Disclosure

Form Field

ID

Closing Disclosure

Form Field Name


Container


Definition


Conditionality



Revise

Conditionality



payment

369 GSE Requirement GSE | GSE |

GSE | GSE

GSE Specific Data

Point




PREPAID_ITEM_PAYME

NT_DETAIL


or




false

true


"PropertyTaxes"

Boolean


Revise

Conditionality



payment

381 GSE Requirement GSE | GSE |

GSE | GSE

GSE Specific Data

Point




PREPAID_ITEM_PAYME

NT_DETAIL


or




false

true


"PropertyTaxes"

Boolean

3.030 Revise

Conditionality |

Revise UCD Notes

Data point must be delivered

with a value


Point



EAL_SET/DEALS/DEAL/LOANS/LOAN/HIGH_C

OST_MORTGAGES/HIGH_COST_MORTGAGE

HIGH_COST_MORTGAG

E

RegulationZTotalPointsAndFeesA

mount

The total amount of points

and fees, expressed in

dollars, calculated in

accordance with

Regulation Z, Truth in

Lending. This amount is

used in calculations for

R

CR

IF RegulationZPointsAndFeesIndicator =

"True"

Amount 9.2

14.015 Revise

Conditionality

896 GSE Requirement GSE Contact Information -

Lender



EAL_SET/DEALS/DEAL/PARTIES/PARTY/ROLE

S/ROLE/LICENSES/LICENSE/LICENSE_DETAIL

LICENSE_DETAIL LicenseIssueDate The date on which the

license was issued.

R

CR

IF lender's License ID is NOT the NMLS ID YYYY-MM-DD

0.021 Correct typo Data Point 7 XML Requirement XML XML Requirement MESSAGE/DOCUMENT_SETS/DOCUMENT_S

ET/DOCUMENTS/DOCUMENT/AUDIT_TRAIL/

AUDIT_TRAIL_ENTRIES/AUDIT_TRAIL_ENTRY

/AUDIT_TRAIL_ENTRY_DETAIL

AUDIT_TRAIL_ENTRY_D

ETAIL

EventTypeOtherDescription A free-form text field used

to describe the type of

action or state if Other is

selected as the Event

AppliedTramperEvidentSignature CR IF SYSTEM_SIGNATURE is present. String 150

0.030 Add

Enumerations |

Delete

Enumerations

Enable identification of

different Closing Disclosure

templates.

14 XML Requirement XML XML Requirement MESSAGE/DOCUMENT_SETS/DOCUMENT_S

ET/DOCUMENTS/DOCUMENT/DOCUMENT_

CLASSIFICATION/DOCUMENT_CLASSES/DOC

UMENT_CLASS

DOCUMENT_CLASS DocumentType Identifies a specific

document defined at a

granular level. May be

modified or further

Other

Closing Disclosure

R Enumerated

0.046 Revise

Conditionality |

Revise

Conditionality

Details

Enable identification of

different Closing Disclosure

templates.



CLASSIFICATION/DOCUMENT_CLASSES/DOC

UMENT_CLASS

DOCUMENT_CLASS DocumentTypeOtherDescription A free-form text field used



selected for Document

Type.

ClosingDisclosure:Alternate

ClosingDisclosure:BorrowerOnly

ClosingDisclosure:SellerOnly

ClosingDisclosure:Standard

R

CR

IF there are separate Borrower and Seller

Documents

String 150

0.031 Revise

Conditionality

Details

Updates conditionality

details to use new data point




EXECUTION_DETAIL ActualSignatureType The ActualSignatureType

contains the actual type of

the signature applied to

the signature field.

Digital

Image

Other

Text

CR IF DocumentSignatureRequiredIndicator =

"true"

IF SIGNATORY is present

Enumerated

0.051 Add Data Point Adds a data point to indicate

whether the associated

DocumentType requires a

signature. Note this data

point is in an EXTENSION



CLASSIFICATION/DOCUMENT_CLASSIFICATIO

N_DETAIL/EXTENSION/OTHER

OTHER DocumentSignatureRequiredIndic

ator


a signatory must execute a

signature on the

document

false

true

R Boolean

0.050 Add Data Point Data point needed to replace

MIMETypeVersionIdentifier


ET/DOCUMENTS/DOCUMENT/VIEWS/VIEW/

VIEW_FILES/VIEW_FILE/FOREIGN_OBJECT

FOREIGN_OBJECT MIMETypeIdentifier Indicates the Multipurpose

Internet Mail Extensions

type of the data in the

resource. A registered list

of these types is available

at

http://www.iana.org/assig

nments/media-types/ AND

http://tools.ietf.org/html/r

fc2045. In addition, there

is a defined syntax for

application/pdf R String 30

0.026 Delete Data Point Incorrect 11 XML Requirement XML XML Requirement MESSAGE/DOCUMENT_SETS/DOCUMENT_S

ET/DOCUMENTS/DOCUMENT/VIEWS/VIEW/

VIEW_FILES/VIEW_FILE/FOREIGN_OBJECT

FOREIGN_OBJECT MIMETypeVersionIdentifier The version of the content

type. Used when the

MIMETypeIdentifier is not

enough to uniquely

application/pdf R String 30



June 30, 2015


UCD Notes

Mutually exclusive with

DisclosedFullyIndexedRatePercent and

WeightedAverageInterestRate and

NoteRatePercent

Mutually exclusive with NoteRatePercent and


BuydownInitialEffectiveInterestRatePercent









PrepaymentPenaltyExpirationMonthsCount


PrepaymentPenaltyExpirationDate



June 30, 2015


UCD Notes

Value must be > = 0.

Repeats as necessary up to 3 times

Repeats as necessary up to 3 times

Repeat as necessary.



June 30, 2015


UCD Notes

Repeat as necessary.

New Definition: A collection of values that

specify a cost already paid by one party that

must be prorated at the time of loan closing and OtherTypeDescription may also include values

not specified in the "UCD Supported

Enumerations" column

This is the note amount for new subordinate

financing second loan. In case of a payoff, this is

the unpaid principal balance including accrued

unpaid interest and fees.

OtherTypeDescription may also include values



MISMO 3.4 New Definition: A collection of

values that specify a cost already paid by one

party that must be prorated at the time of loan

closing and allocated between a property seller,

homebuyer, or other parties to a real estate

transaction.OtherTypeDescription may also include values





party that must be prorated at the time of loan OtherTypeDescription may also include values








party that must be prorated at the time of loan Appendix H/I: UCD Delivery Specification - Addendum


June 30, 2015


UCD Notes







NoteRatePercent









June 30, 2015


UCD Notes

One instance per party for which a signature will

be captured.

One instance per party for which a signature will

be captured.

Must be > = 0

The total amount of all items listed in Regulation



June 30, 2015


UCD Notes

Refer to Regulation Z, Truth in Lending, 12 CFR

1026.32 (b)(1).

Enter the total points and fees excluding bona

fide discount points.

Must be > = 0



June 30, 2015