MPF Marketing Bulletin 2025-03

New MPF Xtra^® Pricing Options Coming Soon 

Effective Date: Immediately (unless otherwise noted within)

We are pleased to announce two new subproduct pricing grid options under the MPF Xtra^® product: “Fixed 30 Yr Mission Score 2” and “Fixed 30 Yr Mission Score 3.” These subproducts will be available for both mandatory and best efforts Delivery Commitments (DCs) starting February 24, 2025.

These new subproducts are tailored for loans with a Mission Score of  2 or 3, calculated using the Fannie Mae Mission Index methodology (learn more). The Mission Index Score for a given loan can be found on item 25 of the Desktop Underwriter Findings. While these new subproducts are optional, they may provide pricing advantages with greater flexibility, allowing you to offer more affordable lending solutions to borrowers in underserved markets.

To help you better understand these new pricing options and how they can benefit your lending strategy, MPF National Education will host a webinar on February 20 at 1pm CT. During the webinar, we will provide a detailed overview of “Fixed 30 Yr Mission Score 2” and “Fixed 30 Yr Mission Score 3” subproducts, including eligibility requirements, pricing advantages, and how they align with Fannie Mae’s Misson Index methodology.

Please note that additional coordination may be needed to integrate these sub-products into your Product Pricing Engines (PPEs) once pricing becomes available.

These enhancements are exclusively for the MPF Xtra product. If you have any questions about the new subproducts or the Delivery Commitment creation process, please contact the MPF Service Center at (877) 345-2673 or mpf-help@fhlbc.com.