MPF Announcement 2025-17

MPF Xtra Selling Updates – FNMA SEL-2025-01

Effective Date: Immediately (unless otherwise noted)

Fannie Mae published SEL-2025-01 which covers the below referenced topics that are applicable to mortgage loans sold under the MPF Xtra product:

• Desktop Underwriter Version 12.0 policy updates:
  • Updated the Selling Guide requirements specific to policy changes with the release of DU Version 12.0 
• Hybrid appraisal expansion:
  • Expanding the use of property data collection and hybrid appraisals 
• DU validation service – military income:
  • Added military income as an income type eligible for validation using an asset verification report.
    
• Miscellaneous update:
  • Risk factors evaluated by DU

Other topics mentioned in the Fannie Mae announcement do not apply to MPF Xtra.

To gain a full understanding of these topic, PFIs should review the entire Fannie Mae Announcement and any applicable Fannie Mae Selling Guide chapters, forms, or exhibits noted in the announcements.

For questions or assistance, please contact the MPF Service Center by using one of the following options:

• MPF Customer Service Portal 
• Email: MPF-Help@fhlbc.com
  
• Phone: (877) 345-2673