• MPF Xtra
  • December 28, 2020

MPF Announcement 2020-89

MPF Xtra Servicing Guide Updates

Effective Date: Immediately (unless otherwise noted)

On December 9, 2020, Fannie Mae published Servicing Guide Announcement SVC-2020-07 which cover the below referenced topics that are applicable to loans serviced under the MPF Xtra product:

Fannie Mae Servicing Announcement SVC- 2020-07

  • Removed property-level earthquake insurance requirement on mortgage loans for all Puerto Rico properties, and on Guam properties constructed of masonry construction.
  • Incorporated the Payment Deferral Workout option introduced LL-2020-05 in the Servicing Guide.

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.





Contact Us

MPF Service Center

(877) 345-2673