• MPF Xtra
  • March 13, 2018

MPF Announcement 2018-17

MPF Xtra Selling Guide Updates

Effective Date: Immediately (Unless Otherwise Noted)

On February 27, 2018, Fannie Mae issued Selling Guide Announcement SEL-2018-02, which covers the below referenced topics that are applicable to loans sold under the MPF Xtra product:

  • Business Continuity and Disaster Recovery
  • Age of Documents for Loans Impacted by a Disaster
  • Compliance with Laws and Responsible Lending
  • Clarification to Signature Requirements for Mortgages to Inter Vivos Revocable Trusts

To gain a full understanding of these topics, PFIs should review the entire Fannie Mae Announcement plus any applicable Fannie Mae Selling Guide chapters, forms, or exhibits noted in the announcement.

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