This document discusses the Government Sponsored Enterprises (GSEs) and their regulator, the Federal Housing Finance Agency (FHFA). It also describes the Uniform Mortgage Data Program (UMDP) and its components, which were established to standardize mortgage data collection and reporting across the mortgage industry, from loan application through acquisition by the GSEs. The UMDP includes the Uniform Appraisal Dataset (UAD), Uniform Loan Delivery Dataset (ULDD), and Uniform Closing Dataset (UCD) standards.

1. Module 1: Government Sponsored
Enterprises and the Uniform Mortgage Data
Program

2. Module 1: Government Sponsored Enterprises
and the Uniform Mortgage Data Program
1.1 The Government Sponsored Enterprises
 Background of the GSEs
 FHFA – The Regulator of the GSEs
 Director’s Annual Report
 Contents of the Report
 Data Collection and Reporting
 Public Access to Mortgage Information
 Fair Housing

3. Module 1: Government Sponsored Enterprises
and the Uniform Mortgage Data Program
1.2 Uniform Mortgage Data Program (UMDP)
 Purpose of the UMDP
 Components of the UMDP
 What is the UAD?
 What is the ULDD?
 What is the UCD?
 What is the ULAD?
 What Is MISMO?

4. Module 1: Government Sponsored Enterprises
and the Uniform Mortgage Data Program
1.2 Uniform Mortgage Data Program (UMDP)
 From Loan Application to Loan Acquisition
 Loan Origination
 Underwriting
 Closing
 Acquisition