News
-
MPF Announcement 2023-95
Updated the Selling Guide to permit Single-Width Manufactured Homes, MH Advantage mortgage loans, and mortgage loans secured by properties in Guam, Puerto Rico, and the U.S. Virgin Islands.
-
MPF Announcement 2023-94
Fannie Mae updated their selling guide with impacts to the following topics rental income, self-employed borrowers, manufactured housing appraisals, and property data collection requirements, sold under the MPF Xtra product.
-
MPF Announcement 2023-93
Fannie Mae announced temporary representation and warranty enforcement relief for mortgage loans impacted by a COVID-19 forbearance. MPF Xtra mortgage loans previously or currently in a COVID-19 forbearance may be eligible for relief.
-
MPF Announcement 2023-92
Updated list of Ineligible Transactions, Products, or Attributes and clarified MPF Program Requirements that supersede Fannie Mae/DU and Freddie Mac/Loan Product Advisor requirements.
-
MPF Announcement 2023-91
Updated the policy for using income earned from a trust towards qualifying.
-
MPF Announcement 2023-90
Updated personal gifts policy to include requirements when the gift donor is the seller of the property and when the source of the gift is an estate or trust.
-
MPF Announcement 2023-89
The American Land Title Association (ALTA) released 2021 revisions to their loan policy forms. The MPF Traditional Selling Guide was updated to reflect the use of these updated forms.
-
MPF Announcement 2023-88
The MPF Traditional (conventional) workout options are being updated to reflect updated guidance and clarity for certain existing options and adding new options.
-
Diversifying with the MPF® Program: The Long View of Secondary Market Strategy
Matt Gerber, Vice President, Mortgage Lending, explains why Royal Credit Union partnered with the FHLBank Chicago’s MPF Program to diversify their mortgage product offerings
-
MPF Announcement 2023-87
The MPF Program will observe the 2024 holiday schedule, based in part on the Securities Industry and Financial Markets Association® (SIFMA®) recommended operating calendar for 2024.
