MPF Announcement 2025-32

MPF Xtra Selling Updates – FNMA SEL-2025-02

Effective Date: Immediately  (unless otherwise noted)

Fannie Mae published SEL-2025-02 which covers the below referenced topics that are applicable to mortgage loans sold under the MPF Xtra product:

• Condo Project Manager (CPM™) and Desktop Underwriter (DU®) Integration:
  • Combines CPM and DU technology to provide greater certainty to Originators when projects have been approved by Fannie Mae.

    Effective Date: Originators are encouraged to implement the changes related to delivery restrictions immediately but must do so for all loans with application dates on or after June 23, 2025. The changes related to CPM messaging in DU will apply to new DU loan casefiles created on or after June 23, 2025. 

• Income Calculator Schedule E rental income:
  • Clarified the use of Income Calculator and calculations for rental income reported on Schedule E 
• Miscellaneous Update:
  • Additional miscellaneous changes were made to align Guide text with updates previously communicated in the Desktop Underwriter/Desktop Originator Release Notes DU Version 12.0 and Selling Guide Announcement SEL-2025-01.

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