The difference between the annual percentage rate (APR) and the average prime offer rate (APOR) as required for HMDA reporting requirements.
See Important Information below.
Valid Values:
Valid format is “###.####”; for example, enter 1.7% as “1.7000” up to 4 decimal places.
When to Use:
For Mortgages delivered by 07/24/2025 - This data point is required if the calculated value is greater than 1.5%
For Mortgages delivered on or after 07/28/2025 – this data point is required pursuant to HMDA reporting .
How to Use:
Enter the spread (difference) between the annual percentage rate (APR) on the mortgage and the Average Prime Offer Rate (APOR). Freddie Mac will not accept any value that is less than 1.5%.
The rate spread should be calculated consistent with the methodology provided in HMDA (Regulation C) and the requirements for determining Higher Priced Mortgage Loans (Regulation Z). For Mortgages with a rate spread reported under HMDA, a Seller should deliver to Freddie Mac the same rate spread reported under HMDA.
Do NOT enter the APR, APOR, or Note Rate on the loan.
ULDD Phase 5 Business Critical data points are not required for delivery until the Mandate Date of July 28, 2025.However, you may optionally deliver them during the transition period of June 3, 2024, through close of business July 25, 2025, for mortgages with Application Received Dates on or after March 3, 2025.
Note: (1) The Loan Selling Advisor Client Test Environments (CTE) will accept Phase 5 data points but will not edit against them until the transition period begins on June 3, 2024. (2) During the transition period, Loan Selling Advisor will accept either full or partial data for Phase 4a or Phase 5 and you may not comingle the data.
