MPF Xtra Servicing Guide Updates
Effective Date: Immediately (unless otherwise noted)
On October 14, 2020, Fannie Mae published Servicing Guide Announcement SVC-2020-05 which cover the below referenced topics that are applicable to loans serviced under the MPF Xtra product:
Fannie Mae Servicing Announcement SVC- 2020-05
- Updated the VMS Valuation Order Template to require the foreclosure sale date be completed when a Servicer is requesting the property valuation for bidding instructions.
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 Lender Letters plus any applicable Fannie Mae Servicing Guide chapters, forms, or exhibits noted in the announcement.
- MPF Announcement 2020-72