Clarified the age requirements for flood zone determinations.

"Unlike most investors, the MPF Program doesn’t charge loan-level price adjustments (LLPAs) for mortgages sold under its MPF Traditional products..."

MPF Program Leadership Announcement

Fannie Mae updated their selling guide including changes which cover topics that are applicable to mortgage loans sold under the MPF Xtra product.

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.

Announcing the eligibility of Alternative Property Valuation offers from Desktop Underwriter (DU) or Loan Product Advisor (LPA).

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.

Effective immediately, the MPF Provider will distribute a delinquent mortgage report to PFIs in place of Colonial Savings and PFIs should expect to receive this report by the 25th of every month.

Clarified loan information requirements for requests associated with MPF Traditional and MPF Xtra eNote/eMortgage loans.

As a reminder, effective immediately, all MI cancellation notices or requests must be submitted through eMAQCS®plus using the MI Cancellation Notice (Form SG343)