• MPF 125, MPF 35, MPF Original
  • August 21, 2023

MPF Announcement 2023-64

MPF Traditional Selling – Land Contract Updates

Effective Date: Immediately (unless otherwise noted)

Clarified land contract requirements by specifying when the transaction must be considered a purchase transaction and when it must be considered a limited cash-out refinance transaction.

For additional information see MPF Traditional Selling Guide section 2.6.5 Payoff of a Land Contract.

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