MPF Announcement Summary 2025-S07

This document summarizes MPF Selling Announcements being published on this date.

PFIs and Servicers must refer to the actual MPF Announcement for the specific requirements and guidance.

MPF Xtra^®

MPF Announcement 2025-43: MPF Xtra Selling Updates – FNMA SEL-2025-03
Fannie Mae published SEL-2025-03, updating interested party contributions and lender incentives requirements, and clarified treatment of Prorated real estate tax credits in underwriting.

MPF Traditional

MPF Announcement 2025-44: MPF Traditional Selling-Nontraditional Credit Updates
Updated nontraditional credit eligibility requirements if one or more Borrowers on the mortgage loan does not have a credit score.

Upcoming Webinars

Thursday, May 22^nd
MPF University Welcomes MGIC: Advanced Variable Income Analysis
Join us in this advanced session where we will walk through several challenging income case studies that will illustrate what tactics you should use to overcome employment hurdles.
Thursday, June 5^th
Introduction to Manufactured Housing
Manufactured homes have seen an increase of production over the past decade. With borrowers looking for affordable options in today’s housing market, manufactured housing can be an attractive option. In this webinar, you will learn about the primary characteristics of a manufactured homes. We’ll discuss eligibility factors and important underwriting considerations.

Tuesday, June 10^th
MPF University Welcomes Radian: Detecting and Avoiding Fraud in Loan Files
Attend this foundational session to better understand mortgage fraud by reviewing real documents. In this session you will learn:
- The motivation behind mortgage fraud, trends and hotspots.
- How to recognize various red flags found in income, asset, credit, appraisal, and closing documentation.
- The costs and trends of mortgage fraud and how they impact our communities.
- Your next steps after discovering a red flag and tools you can use to help prevent fraud.

*All webinars begin at 1 p.m. CT