Updated the permissible modified term eligible for re-delivery for FHA mortgage loans. Servicers must meet the requirements of the MPF Traditional Servicing Guide to ensure a repurchased FHA mortgage loans is eligible for...

New MPF Program Announcement Format

MPF Traditional Selling Guide Updates-Cash-out refinance seasoning requirement updates.

MPF Xtra Selling Guide Updates-LLPAs updated and postpones the effective date for the DTI ratio-based LLPAs.

Updates to the requirements made to the Initial Certification Checklist (Exhibit K-X) and Xtra Selling Guide regarding allonges.

Reporting on Security Incidents or Breaches updating timing requirements.

MPF Government MBS Guide Updates: Clarified PFI and Servicer obligations, updated guidance regarding repurchases, processing FHA partial claims, MPF Government MBS Custodian references, and revised property loss event...

MPF Xtra Selling Guide Updates: Pursuant to SEL-2023-02, introduced Valuation Modernization, updated sweat equity requirements, and use of CPM.

Mortgage Partnership Finance® Program surpasses $1 billion in Credit Enhancement Income Paid to Federal Home Loan Bank Members

MPF Xtra Servicing Guide Updates: Pursuant to SVC-2023-01, Updates to property inspections and preservation expense reimbursement limits and guidance.