Industry Loan Application Dataset (iLAD) 2.5.0
MISMO is seeking public comment on an enhancement to the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information. The 30-day public comment period runs through 04/03/2025.
iLAD version 2.5.0 enhances the capabilities and improves the effectiveness of the dataset, which is recognized as the industry standard for exchanging data related to the origination and underwriting of mortgage loans.
The most recent version of iLAD includes a minor version update to include GSE AUS changes (Freddie Mac Loan Product Advisor® v5.4.00, Fannie Mae Desktop Underwriter® v1.8.5 & v1.9.0 AUS specifications) along with other member-requested changes.
What It Includes
Updates to the new version include:
- Added/updated LPA, DU and iLAD data points and enumerations
- Added relationships for DU and iLAD
- Removed USDA Government Underwriting System (GUS) unique ID fields
Access Information for Members
MISMO Members can access the work product in the Resource Library housed on MISMO's Collaboration Site, "MISMO Connect" here.
Access Information for Non-Members
Non-MISMO members can access the work product here.