MPF Announcement 2025-39

MPF Xtra Servicing – Updates to Foreclosure Time Frames and Compensatory Fee Allowable Delays Exhibit

Effective Date: Immediately (unless otherwise noted)

Fannie Mae published Lender Letter LL-2025-01 updating the time frames within which routine foreclosure proceedings must be completed in twenty-two jurisdictions.

In addition, added COVID-19 Foreclosure Moratorium and Forbearance as allowable delays, while removing Unemployment Forbearance.

Effective Date: The policy changes apply to all mortgage loans with a foreclosure sale date on or after July 1, 2025. Servicers must continue to use the current Foreclosure Time Frames and Compensatory Fee Allowable Delays Exhibit for all loans with a foreclosure sale date prior to July 1, 2025.

To gain a full understanding of these topics, PFIs should review the entire Fannie Mae Lender Letter plus any applicable Fannie Mae Servicing Guide chapters, forms, or exhibits noted in the announcement.

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