MPF Direct Product: Federal Government Shutdown

Federal Government Shutdown - Policy Impact for Mortgage Loans Sold under the MPF Direct Product

Effective Date: Immediately

Due to the recent federal government shutdown, the Investor under the MPF Direct product, Redwood Trust, has temporarily updated policies for loans closing as of December 22nd and will expire once the federal government resumes full operations.

Refer to the attached Redwood Trust Announcement 2019-01-03 published on January 3, 2019 for additional information.

References:: MPF Announcement 2019-03

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Federal Government Shutdown - Policy Impact for Mortgage Loans Sold under the MPF Direct Product

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