As previously announced in MPF Marketing Bulletin 2023-06, updated the MPF Guides by replacing references "Credit Enhancement Fee" with "Credit Enhancement Income".

Updates made to the Program Guide to provide more clarity around reporting to both the MPF Bank and MPF Provider.

MPF Program Custodian Required.

Updated COVID-19 Related Servicing Guidance for MPF Traditional (Conventional) Loans by adjusting the loan modification interest rate.

Updates made to the Traditional Selling and Servicing Guides to align with industry standards regarding requirements during borrower enrollment in any Address Confidentiality Program.

This document summarizes multiple MPF Selling Announcements being published.

MPF Traditional Selling Guide HO-6 insurance requirements have been updated, changing the coverage requirement.

MPF Traditional Selling Guide updated to reflect an increase in the maximum LTV/TLTV ratios for limited reviews for units attached in established projects located outside of Florida, from 80% to 90%.

Updates to manufactured home eligibility, acceptable uses for limited cash-out, refinances and credit report requirements, all applicable to mortgages sold under the MPF Xtra product.

MPF Xtra Account Remittance Update, effective with the closing of the July reporting cycle.