The New URLA

(Fannie Mae 1003/Freddie Mac Form 65)

January 27th, 2021
1:30 pm - 2:30 pm EST

Starting January 1, lenders can accept the new Uniform Residential Loan Application form, more commonly known as the 1003 or Form 65 (the mandatory date is March 1, 2021). The new form collects more information and eliminates some outdated information. Changes impact Veterans, self-employed borrowers, income, assets, REO and property sections,  gifts and grants, and declarations. 

The look and feel of the form mirrors the LE and CD. Will it streamline the process? Does it require borrowers to provide more information that can be used for anti-fraud efforts? Does it have some "revealing" questions? What's a "Registered Reciprocal Beneficiary Relationship"? 

Join us from 1:30PM - 2:30PM EST on the 27th for an interactive walk through for answers to these questions and to discuss the new URLA as the industry prepares to roll out the form to lenders and borrowers.