MPF Xtra Servicing Guide Updates
Effective Date: Immediately (unless otherwise noted
Fannie Mae published Servicing Guide Announcement SVC-2022-05 which covers the below referenced topics that are applicable to loans serviced under the MPF Xtra product:
- In accordance with Selling Guide Announcement, SEL-2022-06, Servicers are advised that Fannie Mae updated Selling Guide A3-2-01, Compliance With Laws to:
- require Servicers to comply with all applicable laws for Borrowers enrolled in an Address Confidentiality Program, and
- provide requirements for Notification of a Borrower's enrollment.
Effective Immediately: Servicers are encouraged to implement these changes immediately, but must do so by September 1, 2022
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 Announcement plus any applicable Fannie Mae Servicing Guide chapters, forms, or exhibits noted in the announcement.
- MPF Announcement 2022-34