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  #1  
Old 08-30-2012, 05:23 PM
Hugh Hill Hugh Hill is offline
 
Join Date: Apr 2002
Location: Guntersville, Alabama
State: Alabama
Professional Status: Licensed Appraiser
Posts: 60
Default Fannie Freedie SSR Form

Hey,

I completed 1004d and it set to close tomorrow. But, the u/w called and said
they needed fannie/freedie SSR form to close. I'm confused... Is it called
something else? or what is this form for.

I do appreciate the help.

Hugh
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  #2  
Old 08-30-2012, 06:03 PM
leelansford leelansford is offline
 
Join Date: Mar 2002
State: Illinois
Professional Status: Certified Residential Appraiser
Posts: 13,607
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Ask them to send you a copy of the form for your consideration.
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  #3  
Old 08-30-2012, 07:29 PM
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Jay Emmar Jay Emmar is offline
 
Join Date: Feb 2006
State: Illinois
Professional Status: Certified Residential Appraiser
Posts: 258
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You're not the one who's confused, it's the u/w...SSR is a report the lender receives once an appraisal is uploaded to the UCDP

Quote:
All appraisals successfully uploaded to the UCDP receive a Submission Summary Report (SSR) for each GSE submission. The SSR contains a summary of the appraisal submission(s) for each loan, the status of the submission(s), and a Document File Identifier (Doc File ID), which is the unique appraisal identifier generated by the UCDP. One Doc File ID is assigned per loan and is the same for delivery to either GSE. Lenders will be required to deliver a Doc File ID to the GSE’s loan delivery system as part of the loan delivery process. An appraisal must be submitted to the UCDP and receive a "Successful" status on the SSR before the loan is delivered to the GSE.
http://www.freddiemac.com/sell/secmk..._885_Final.pdf
  #4  
Old 08-30-2012, 09:41 PM
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CANative CANative is online now
 
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Location: Hopland, CA
State: California
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To paraphrase from Steel Magnolias: "The underwriter is so confused she doesn't know whether to scratch her watch or wind her butt."
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  #5  
Old 09-07-2012, 03:10 PM
fractal7221 fractal7221 is offline
 
Join Date: May 2011
State: Pennsylvania
Professional Status: Banking/Mortgage Industry
Posts: 613
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The lender (or the AMC they used) has to submit the xml version of the actual appraisal to the UCDP. They will then get their SSR reports.
  #6  
Old 09-08-2012, 11:11 AM
Denis DeSaix Denis DeSaix is offline
 
Join Date: May 2005
Location: Northern California
State: California
Professional Status: Certified General Appraiser
Posts: 14,557
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I don't think the 1004d is subject-to the UCDP compliance-filters.
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