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

MPF Announcement 2023-65

MPF Traditional Selling – Condominium Eligibility Updates

Effective Date: Immediately (unless otherwise noted)

Clarified requirements for project standards by incorporating additional guidance for the following:

  • projects with delinquent special assessment dues,
  • the proper treatment of projects subject to pre-litigation activities,
  • identifying projects that operate as hotels or motels,
  • projects in need of critical repairs, including material deficiencies and significant deferred maintenance,
  • updated requirements in the list of Ineligible Projects related to projects with:
    • a status of "Unavailable" in Fannie Mae’s Condo Project Manager (CPM)
    • multi-dwelling unit condominiums
    • property that is not real estate
    • continuing care facilities
    • space that is used for nonresidential, commercial purposes, or non-incidental business operations

For additional information see section 8.2.7 Delinquent HOA Dues/Special Assessments, 8.4 Ineligible Projects, 8.4.1 Hotels or Motels, and 8.4.2 Projects in Need of Critical Repairs of the MPF Traditional Selling Guide.

Contact Us

MPF Service Center

(877) 345-2673