MPF Xtra Servicing Guide Updates
Effective Date: Immediately (Unless Otherwise Noted)
On November 14, 2018 Fannie Mae issued the Servicing Guide Announcement SVC-2018-08, which covers the below referenced topics that are applicable to loans sold under the MPF Xtra product:
- Delinquency Management Requirements
- Foreclosure Sale Marketing and Foreclosure Auction Services
- Managing Foreclosure Proceedings
Other topics mentioned in the Fannie Mae announcement do not apply to MPF Xtra. 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 announcements. The MPF Xtra Servicing Guide has been updated correcting outdated Fannie Mae references.
- MPF Announcement 2018-56