Fannie Mae Servicing Guide F-3-21 — Acronyms and Glossary of Defined Terms: U
Fannie Mae Servicing Guide F-3-21 — Acronyms and Glossary of Defined Terms: U.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Servicing Guide F-3-21 — Acronyms and Glossary of Defined Terms: U — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
Fannie Mae Servicing Guide F-3-21 — Acronyms and Glossary of Defined Terms: U
F-3-21, Acronyms and Glossary of Defined Terms: U (05/15/2019) UETA Uniform Electronic Transactions Act underwriting documents All of the documentation used to support the lending decision for a mortgage—such as the loan application and other documents used to verify a borrower’s employment, income, deposits, and credit history. underwriting performance review An after-the-fact review and risk assessment for a sampling of the mortgage loans Fannie Mae purchases or securitizes to ensure that they satisfy Fannie Mae’s mortgage loan eligibility criteria and underwriting guidelines. Uniform Mortgage-Backed Security (UMBS) A common security issued by the GSEs that is eligible for trading in the To-be-Announced market. The securities are backed by fixed-rate mortgage loans secured by single-family, one-to-four unit properties and are identified Published May 13, 2026 752 by certain pool prefixes. unit mortgage A mortgage (or share loan) on an individual residential unit in a PUD, condo, or co-op project. UPB unpaid principal balance USPAP Uniform Standards of Professional Appraisal Practice