MPF Announcement 2018-36
MPF Xtra Servicing Guide Updates
Effective Date: Immediately (Unless Otherwise Noted)
On June 13, 2018 Fannie Mae issued Servicing Guide Announcement SVC-2018-04, which covers the below referenced topics that are applicable to loans sold under the MPF Xtra product:
- Forbearance Workout Options
- Reimbursement of Escrow Advances
- SCRA Reporting
- Establishment of Drafting Arrangements for Custodial Funds
- Vacancy Notice Posting Reimbursement
- Incorporation of Imminent Default Evaluation for a Conventional Mortgage Loan Modification
To gain a full understanding of these topics, Servicers should review the entire Fannie Mae Announcement plus any applicable Fannie Mae Servicing Guide chapters, forms, or exhibits noted in the announcement.
