• MPF Xtra
  • March 28, 2023

MPF Announcement 2023-18

MPF Xtra Servicing Guide Updates

Effective Date: Immediately (unless otherwise noted)

Fannie Mae published a Servicing Guide update which covers the below referenced topics that are applicable to loans serviced under the MPF Xtra product (SVC-2023-01):

  • Pre-foreclosure property preservation: Updates to property inspections and preservation expense reimbursement limits and guidance.
  • Miscellaneous Updates:
    • Clarified reimbursement requirements for electronic filing and recording expenses.
    • Correction to the Allowable Foreclosure Attorney Fees Exhibit – Louisiana judicial fee corrected from $2800 to $2700.
    • Guide maintenance: Removed announcements that were published prior to 2018 from the Related Announcements lists.

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.

Contact Us

MPF Service Center

(877) 345-2673