Redesigned URLA

Learn how your credit union can prepare for and implement the redesigned Uniform Residential Loan Application (URLA)

Tuesday, April 23, 2019 | 2:00pm - 3:30pm ET

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Representatives from Fannie Mae will provide an overview of the redesigned Uniform Residential Loan Application (Fannie Mae Form 1003) and the new loan application submission file. They will review the implementation time and provide an overview of supporting documentation they have published to assist the credit union industry with the transition.  The session will include key takeaways and information regarding what you should be doing now in preparation for this significant mortgage industry change.

Key Takeaways

  • Identify any data on the redesigned Form 1003 that you do not currently collect and develop a plan to obtain that data.
  • Review special circumstances for technology solution providers and the new DU Specification MISMO V3.4.
  • Determine the type and timeframe of testing you need to conduct with your vendor and work with them to understand when they expect to be ready to produce and receive the new data interface files.
  • Understand how to work with internal technical and business analysts to process the new DU Specification MISMO V4.3, if you maintain your own system.
  • Learn how to navigate through Fannie Mae’s URLA and Integration Technology for DU Web Pages to review additional updates to the DU Specification.
  • Discuss how to notify your members, correspondent lenders and brokers when you will be ready to implement the Redesigned URLA.

Register Now
$295 Members | $395 Nonmembers
(Additional $50 for CD) 
One registration gives your entire credit union access to the on-demand recording until April 23, 2020.
Already registered? Go to the Online Training Center to view live.

Who Should Attend?

Education Credits

  • NCCOs will receive 1.5 CEUs for participating in this webinar.
  • NCRMs will receive 1.5 CEUs for participating in this webinar.
  • CPA credit information is below; recommended 1.5 CPE credits.

CPA Certification Credit Information

  • Reviewer: Josie Collins, Education Manager, NAFCU
  • Learning Objectives: Identify any data on the redesigned Form 1003 that you do not currently collect and develop a plan to obtain that data. Review special circumstances for technology solution providers and the new DU Specification MISMO V3.4. Determine the type and timeframe of testing you need to conduct with your vendor and work with them to understand when they expect to be ready to produce and receive the new data interface files. Understand how to work with internal technical and business analysts to process the new DU Specification MISMO V4.3, if you maintain your own system. Learn how to navigate through Fannie Mae’s URLA and Integration Technology for DU Web Pages to review additional updates to the DU Specification. Discuss how to notify your members, correspondent lenders and brokers when you will be ready to implement the Redesigned URLA.
  • Program Level: Basic
  • Prerequisites Needed: None
  • Advance Preparation Needed: None
  • Delivery Method: Group Internet-Based
  • Recommended CPE Credits: 1.5 credits
  • Recommended Field of Study: Information Technology - Technical

NASBA Sponsor Logo

National Association of Federal Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more.

About Our Webinars

Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer.

About the Presenters

Sandro Barchitta
Sandro Barchitta

Senior Manager of Strategic Product Management in the Single Family Division, Fannie Mae

Denise Rivoal
Denise Rivoal

Senior Manager in the Single-Family Digital Products Division, Fannie Mae