MPF Announcement 2021-72

MPF Xtra Selling Guide Updates

Effective Date: Immediately (unless otherwise noted)

Fannie Mae recently issued Selling Guide Announcement SEL-2021-09 which covered the below referenced topics that are applicable to loans sold under the MPF Xtra product:

• Updated homeownership education and counseling providers to allow qualified third-party providers to administer homeownership education and counseling and no longer require the sole use of Framework®. Effective: January 1, 2022.

Other topics mentioned in the Fannie Mae announcement do not apply to MPF Xtra. To gain a full understanding of these topics, PFIs should review the entire Fannie Mae Announcement and any applicable Fannie Mae Selling Guide chapters, forms, or exhibits noted in the announcements.