MPF Announcement 2024-67

MPF Traditional Servicing – Loan Modification Corrections

Effective Date: Immediately (unless otherwise noted within)

The MPF Program updated the MPF Traditional Servicing Guide to incorporate a reminder, that when the MPF Provider notifies a Servicer that one of its Loan Modification was completed incorrectly, Servicer must respond within the timeframes provided for in the MPF Guides.

For additional information refer to the MPF Traditional Servicing Guide – Section 9.2.4.13 – Loan Modification Corrections.

Please contact the MPF Service Center with any questions or concerns via email at MPFDefaultServicing@fhlbc.com or by calling (877-FHLB-MPF).