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The MPF Guides consist of two volumes containing requirements for the origination or sale and servicing of mortgages secured by
1 - 4 unit single family properties under the MPF Program. The first volume, the Origination Guide, governs originations, and includes
the MPF Underwriting Guide, Custody Manual, and forms and exhibits pertaining to delivering mortgages under the MPF Program.
The second volume, the Servicing Guide, governs loan Servicing and includes forms and exhibits pertaining to MPF loan servicing.
For ease of use, the Underwriting Guide is desplayed separately, even though it is considered to be part of the MPF Origination Guide.
The MPF Origination and Servicing Guides are available electronically free of charge to the User via AllRegs® Online MPF Guides.
Please view the AllRegs Online MPF Guides at
http://www.allregs.com/tpl/public/mpf_tll.aspx.
The AllRegs Online MPF Guides include the following features:
- Free subscription to receive email alerts for all PFI Notices, PFI Advisories and PFI Marketing Bulletins
as they are posted. To register, use the above link and click on the "E-mail Subscriptions" box once in the
AllRegs hosted site.
- Table of Contents
- Search Feature
- The effective date of the last update of each section or designated part of publication is highlighted for up to one year.
- Users can print individual sections or the entire Guide.
The MPF Program Origination Guide (including the MPF Underwriting Guide) covers:
- General MPF Program Policies and Products
- PFI Institutional Eligibility Requirements
- Documentation and Underwriting Requirements
- Loan Eligibility and Delivery Requirements
- Quality Control Requirements
- Document Custodial Requirements
The MPF Program Servicing Guide covers:
- Servicer Eligibility Requirements
- Document Custody Requirements
- Accounting and Investor Reporting Requirements
- Loan Servicing and Default Management Requirements
MPF Program PFI Notices, PFI Advisories, and
PFI Marketing Bulletins:
The MPF Program's PFI Notices provide periodic updates to the MPF Program Origination and Servicing Guides. These
updates include enhancements to programs, products, and revisions to current policy and procedures.
The PFI Advisories provide clarification, interpretation, or reminders of existing MPF Guide or program requirements.
The PFI Marketing Bulletins provide general announcements on new products, programs and initiatives concerning the MPF
Program.
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