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THE UNIFORM APPRAISAL DATASET AGGREGATE STATISTICS DATA FILE OVERVIEW Updated: September 26, 2024Contents 1. Overview ...................................................................................................................................................
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What is HUD and FHFA?
HUD stands for the Department of Housing and Urban Development, and FHFA stands for the Federal Housing Finance Agency. HUD is a U.S. government department that focuses on national policies and programs related to housing and urban development. FHFA is an independent federal agency that regulates and oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System.
Who is required to file HUD and FHFA?
Entities involved in housing finance, including certain lenders, mortgage companies, and housing developers, are required to file HUD and FHFA reports. Specifically, organizations engaged in transactions that involve mortgage-backed securities or that receive federal funding may be required.
How to fill out HUD and FHFA?
To fill out HUD and FHFA forms, entities should gather the necessary data on housing finance activities, ensure all required information is accurately reported in the designated sections of the forms, and adhere to the guidelines provided by HUD and FHFA for formatting and submission.
What is the purpose of HUD and FHFA?
The purpose of HUD is to promote affordable housing and ensure fair housing opportunities, while the purpose of FHFA is to oversee housing finance entities and to manage the stability and liquidity of the housing finance system.
What information must be reported on HUD and FHFA?
Entities must report data regarding loan origination, demographic information of borrowers, loan performance, and other metrics related to housing finance activities as specified in HUD and FHFA reporting guidelines.
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