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News
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MPF Announcement 2024-47
Revised servicing released guidance by clarifying property eligibility requirements and incorporating a reminder to refer to the most recent MPF Exhibit.
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MPF Announcement 2024-46
Fannie Mae updated their selling guide by updating delivery requirements for loans using a standby commitment, the glossary definition of closing costs, and HomeReady housing counseling requirements, all of which are applicable to the MPF Xtra product.
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MPF Announcements 2024-45
Clarified the income calculation and documentation requirements for trust income and public assistance income.
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MPF Announcement 2024-44
Clarified the age requirements for flood zone determinations.
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People Helping People: How the MPF® Program Supports the Credit Union Philosophy
"Unlike most investors, the MPF Program doesn’t charge loan-level price adjustments (LLPAs) for mortgages sold under its MPF Traditional products..."
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Mortgage Partnership Finance (MPF) Program Leadership Announcement
MPF Program Leadership Announcement
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MPF Announcement 2024-43
Fannie Mae updated their selling guide including changes which cover topics that are applicable to mortgage loans sold under the MPF Xtra product.
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MPF Announcement 2024-42
Effective immediately, all of the existing servicing released activity including MSR purchases has transitioned from SLS Whole Loan Servicing Funding to Newrez, LLC (Newrez), our new servicing released partner.
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MPF Announcement 2024-41
Announcing the eligibility of Alternative Property Valuation offers from Desktop Underwriter (DU) or Loan Product Advisor (LPA).
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MPF Announcement 2024-40
As previously communicated in MPF Announcement 2024-30, effective June 1, 2024, the SLS Whole Loan Servicing Funding will be transitioned to Newrez, LLC (Newrez), our new servicing released partner.
