MPF Announcement 2021-64
Updates to the Delinquent Mortgage & Bankruptcy Status Report (Exhibit B) Instructions
Effective Date: Immediately
To assist Servicers in completing the monthly Delinquent Mortgage & Bankruptcy Status Report (Exhibit B), the MPF Program has updated the Delinquent Mortgage & Bankruptcy Status Report (Exhibit B) Instructions by incorporating a Reference Guide.
The Delinquent Mortgage & Bankruptcy Status Report (Exhibit B) Reference Guide provides detailed guidance on the following:
- Reporting & Formatting Requirements
- Delinquency Status Code & Delinquency Reason Code Requirements
- Required Fields & Action Codes
- Accessing the System
- How to Upload an Exhibit B
- Error Messages
- Fatal Error message
- Common Errors that Cause Uploads to Fail
- Helpful hints
- Appendix A: Standard File Layout
- Appendix B: Delinquency Status Codes
- Appendix C: Delinquency Reason Codes
The Delinquent Mortgage & Bankruptcy Status Report (Exhibit B) – Instructions is accessible via the MPF Website and Allregs.
There are no changes to the existing required fields or file format. As a reminder, loans that are 30 days or more delinquent as of the last day of the preceding month and any loan in active Bankruptcy regardless of current status must be reported via eMAQCSplus monthly using the format in the Exhibit B: Delinquent Mortgage & Bankruptcy Status Report – Excel Template.
For additional information on submitting the Delinquent Mortgage and Bankruptcy Status Report (Exhibit B) please view this tutorial video or reference MPF Announcement 2020-73.
As a reminder, for assistance with questions related to Exhibit B submissions, eMAQCS Plus, and Default Management, Servicers should contact the MPF Service Center at 877-FHLB-MPF (877-345-2673) or MPF-Help@fhlbc.com, and utilize the new call option for Default Management related questions (option 3).
- References:
- MPF Announcement 2021-64