News
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MPF Announcement 2024-21
Clarified E&O policy and coverage requirements.
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MPF Marketing Bulletin 2024-03
MPF Guides (Guides) will be reformatted improving their appearance and functionality. These reformatted Guides will be gradually added to the MPF Customer Service Portal (Portal), MPF Website and Allregs over the next few weeks.
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MPF Announcement Summary: 2024-S04
This document summarizes MPF Selling Announcements being published on this date.
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MPF Announcement 2024-20
Fannie Mae updated their selling guide with impacts to the following value acceptance + property data offerings, manufactured housing cash-out refinance terms, nontraditional credit, business income, property insurance, and more.
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MPF Announcement 2024-19
Incorporated verification of employment alternatives.
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MPF Announcement 2024-18
Fannie Mae is temporarily offering a $2,500 LLPA credit for very low-income purchase borrowers (VLIP) that can be used for down payment and closing costs.
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MPF Announcement 2024-17
Revised introduction paragraphs in Chapter 5. Underwriting the Borrower.
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MPF Announcement 2024-16
Updated requirements for rental income used towards qualifying.
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MPF Announcement 2024-15
MPF Program is clarifying PFI and Servicer responsibilities as to certain costs incurred by the MPF Provider or the MPF Banks.
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MPF Announcement 2024-14
MPF Traditional Servicing Guide has been updated to incorporate the new MPF Traditional Workout Options. Servicers are required to consider borrowers based on the new guidelines as of borrower requests they receive on or after March 1, 2024.
