News
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MPF Announcement 2023-67
MPF Government MBS Servicing – Clarified short sale approval requirements.
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MPF Announcement 2023-66
Clarified required use of Fannie Mae/Freddie Mac Form 1103, Supplement Consumer Information Form (SCIF), incorporated requirements for retaining the form in the mortgage loan file and maintaining any data elements collected.
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MPF Selling Summary Announcements 2023-S07
This document summarizes multiple MPF Selling Announcements being published on this date.
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MPF Announcement 2023-65
Clarified project standard requirements concerning delinquent special assessment dues, condominium hotel/motel ineligibility, prelitigation activities, projects in need of critical repairs, and updated the list of ineligible projects.
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MPF Announcement 2023-64
Clarified land contract requirements by specifying when the transaction must be considered a purchase transaction and when it must be considered a limited cash-out refinance transaction.
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MPF Announcement 2023-63
Introduced Property Data Collector Independence Requirements, and clarified credit report requirements for Borrowers with military addresses, these updates are applicable to mortgages sold under the MPF Xtra product.
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MPF Announcement 2023-62
Clarified acceptable uses of limited cash-out refinance proceeds, revised borrower eligibility requirements for limited cash-outs, and clarified exceptions to the cash-out refinance seasoning requirements.
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MPF Announcement 2023-61
Fannie Mae updated eligibility requirements for condo projects, limited cash-out refinance transactions, and incorporated age of loan eligibility requirements, all of which are applicable to mortgages sold under the MPF Xtra product.
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MPF Program Announcements 2023-S06
This document summarizes multiple MPF Program Announcements being published on this date.
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MPF Announcement 2023-60
As previously announced in MPF Marketing Bulletin 2023-06, updated the MPF Guides by replacing references "Credit Enhancement Fee" with "Credit Enhancement Income".