6312 Resolving UCD Freddie Mac Critical Edits

Freddie CRIT0002

Steps to Take

- The closing date is required.


Freddie CRIT0003

Steps to Take

- A disbursement date is required.


Freddie CRIT0020

Steps to Take

- An escrow indicator is required.


Freddie CRIT0001

Steps to Take

- The Closing Disclosure Issued Date is required.


Freddie CRIT0008

Steps to Take

- A valuation amount or an estimated amount is required for the subject property.


Freddie CRIT0016

Steps to Take

- A late charge type is required and must be a valid enumeration.


Freddie CRIT0018

Steps to Take

- A grace period is required for a PercentageOfTotalPayment late payment type.


Freddie CRIT0032

Steps to Take

- The mortgage loan interest rate for which the price quote is calculated is required.


Freddie CRIT0023

Steps to Take

- The ability to repay exemption reason type is required and must be 'LoanProgram' or 'PropertyUsage'.


Freddie CRIT0022

Steps to Take

- The ability to repay method type is required and must be 'Exempt' or 'General'.


Freddie CRIT0028

Steps to Take

- The Average Prime Offer Rate (APOR) is required.


Freddie CRIT0033

Steps to Take

- The Regulation Z excluded bona fide discount points are required when the corresponding indicator is true


Freddie CRIT0035

Steps to Take

- The Regulation Z total calculated loan amount is required.


Freddie CRIT0037

Steps to Take

- Indicate if the liability submitted in the Payoff & Payments section is secured by the subject property OR An indication of whether the liability is secured by the subject property is required.


Freddie CRIT0040

Steps to Take

- The total Payoffs and Payments amount is required for a refinance loan on the Alternate Disclosure.


Freddie CRIT0038

Steps to Take

- A liability type is required and must be a valid enumeration in the Payoffs and Payments section