MPF Program Updates

The MPF Traditional Selling Guide has been updated to clarify VA guaranty and other government agency loan requirements.

Effective August 24, the MPF Program will offer new pricing options under the MPF Xtra® product for both mandatory and best-efforts delivery commitments.

MPF Exhibit GG has been updated to reflect the realignment and removal of steps no longer part of QC’s process.

Fannie Mae has issued Servicing Guide Announcement SVC-2026-05, which reflects the property insurance servicing updates previously communicated through Lender Letter LL-2026-03.

Updated the MPF Traditional Selling Guide to provide guidance on the transition to the redesigned Uniform Residential Appraisal Report.

Fannie Mae published SEL-2026-07, incorporating updates previously communicated in Lender Letter LL-2026-03 and PERS requirements for manufactured housing.

The MPF Program is reminding Participating Financial Institutions (PFIs) to begin testing and continue preparing for the upcoming MPF Xtra escrow event-based reporting requirements.

This document summarizes MPF Selling Announcements being published on this date. PFIs and Servicers must refer to the actual MPF Announcement for the specific requirements and guidance.

The temporary buydown qualification requirements have been updated to align with the standard debt-to-income (DTI) ratios.

The MPF Program is pleased to introduce the MPF Navigator, a new AI-powered search tool designed to make it easier and faster to find information within the MPF Guides.