To embed, copy and paste the code into your website or blog: Fannie Mae and Freddie Mac (the GSEs) released a joint announcement to notify lenders that they will begin accepting the redesigned Uniform Residential Loan Application (URLA) (Fannie Mae Form 1003/Freddie Mac Form 65) and MISMO v3.4 submissions to the GSEs’ automated underwriting systems on January 1, 2021. As covered in a prior WBK article, the GSEs released an updated redesigned URLA form in 2019. In addition, the GSEs also released an interactive version of the redesigned URLA. The announcement includes a list of tasks lenders should complete as part of the transition. Lenders must comply with the mandate to use the revised forms by March 1, 2021.