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Meeting Delivery Requirements for FHFA-Required Loan-Level Origination Data

We continue to work with the Federal Housing Finance Agency (FHFA) to implement FHFA's new loan-level origination data requirements. Specifically, we will be required to collect the following unique identifiers for mortgages with application dates on or after July 1, 2010:

  • Loan originator identifier – The loan originator's unique identifier as assigned by the Nationwide Mortgage Licensing System (NMLS) and required based on Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Mortgage Licensing Act)
  • Loan origination company identifier – The loan origination company's identifier as assigned by NMLS. The loan origination company is the company the loan originator is employed by or is representing as an independent contractor.
  • Appraiser's state license number – The field appraiser's state license number (or state certification number in the absence of a license number) issued by the state in which the subject property is located.
  • Supervisory appraiser's state license number, if applicable – If the field appraiser is either a sub-contractor or an employee of the supervisory appraiser or appraisal firm and the field appraiser's work was directly supervised, the supervisory appraiser's license number (or state certification number in the absence of a license number) issued by the state in which the subject property is located.

Delivering the Unique Identifiers

To meet this new requirement, we will update Form 11, Mortgage Submission Schedule, and Form 13SF, Mortgage Submission Voucher, to enable you to include the following data in the appropriate fields:

  • The loan originator identifier and loan origination company identifier are up to 12 numeric characters.
  • The appraiser's state license number and the supervisory appraiser's state license number, if applicable, are up to 21 alphanumeric characters. In cases where an automated valuation model is permitted and used, the word "Other" must be delivered in the appraiser's state license number field.

In addition to updating Form 11 and Form 13SF, we have updated Form 65, Uniform Residential Loan Application, to include fields for the loan originator identifier and the loan origination company identifier. This form is available for immediate use. However, you are required to use this revised form for mortgages with application dates on or after July 1, 2010.

Freddie Mac will require Sellers to begin delivering the four data elements for mortgages with application dates on or after July 1, 2010. Although the effective date has been extended, we encourage you to deliver the unique identifiers sooner if you have them available and your systems have been updated. The selling system will be updated in December to allow you to begin delivering these data elements.

With this system update, you will receive a warning message when you attempt to deliver mortgages with note dates on or after March 1, 2010 if you do not provide the:

  • Loan originator identifier
  • Loan origination company identifier
  • Appraiser state license number (confirm)

You may ignore these warning messages for now since you will only be required to deliver these data elements for mortgages with application dates on or after July 1, 2010. 

State Requirements for Obtaininga Loan Originator Identifier

The Conference of State Bank Supervisors (CSBS) can provide guidance on obtaining unique identifiers through NMLS. If you are originating loans in a state that requires you to obtain a unique identifier, you must provide the identifiers on Form 65 and deliver the identifiers to Freddie Mac for mortgages with application dates on or after July 1, 2010.

If you are originating loans in a state that has not yet required loan originators or loan origination companies to obtain identifiers, you will not be required to deliver this information. Once loan originators and loan origination companies obtain unique identifiers, you must deliver this data for mortgages with application dates after the identifiers become available.

Appraisal numbers must be delivered regardless of whether state law requires you to have a loan originator identifier or loan origination company identifier.

Guidance for Federally Regulated Institutions for Delivering Loan Originator and Loan Origination Company Identifiers

The Federal banking agencies and the Farm Credit Administration are expected to publish guidance for institutions under their supervision on obtaining a loan originator identifier and loan origination company identifier. Once that guidance has been issued, Freddie Mac will provide you with guidance on how to deliver this data.

Appraisal numbers must be delivered regardless of whether you have received federal agency guidance that requires you to have a loan originator identifier or loan origination company identifier.

Updating Your Loan Origination System (LOS) to Deliver the Four Data Elements

  • If you use a LOS vendor, please contact your vendor to find out when the system build to include the required updates to Form 11 and Form 13SF will be available.
  • If your organization designs its own system interface, please contact 800-FREDDIE or your selling system representative for details on technical specifications for updating your LOS system.

We will provide you with more details on these  requirements in a future Single-Family Seller/Servicer Guide Bulletin.

For more information:

© 2009 Freddie Mac

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