• MPF 125, MPF 35, MPF Original
  • September 20, 2023

MPF Announcement 2023-75

MPF Traditional Selling – Principal Curtailments

Effective Date: Immediately (unless otherwise noted)

Updated the MPF Traditional Selling Guide to incorporate guidance regarding permissible principal curtailments prior to mortgage loan delivery.

Mortgage loans that are re-amortized due the application of a principal curtailment received from the Borrower are eligible for delivery provided they meet the requirements of the Guide.  

For additional information see section 2.2.2 Principal Curtailments and Re-Amortized Mortgage Loans of the MPF Traditional Selling Guide.

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