Rule library
UAD1653FatalField 17.016SubjectIndicate whether distressed market competition exists.
Where this rule lives in the report
Market
Distressed Market Competition
Search Result Metrics
Report Section and Report Subsection as the GSEs define them — the black tab and grey bar you already read on the URAR.
- Severity
- Fatal — this blocks your UCDP submission and must be fixed before delivery.
- Triggered when
MarketTrendsForeclosureActivityIndicator is not provided- Data Point Name
MarketTrendsForeclosureActivityIndicator- Unique ID
3000.0034- Report Field ID
17.016- What this field means
- When true, indicates the presence of distressed sales activity which may impact the market (e.g. REO, foreclosure, short sale).
Seen in the sample reports
How this field is populated in the official UAD 3.6 sample scenarios.
falseSubjectfalseSubject