MPF Announcement Summary 2025-S08

MPF Selling Announcements

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 Traditional

• MPF Announcement 2025-46: MPF Traditional Selling – Prorated Real Estate Tax Credits
  Clarified the use of a prorated real estate tax credit in underwriting.

• MPF Announcement 2025-47: MPF Traditional Selling – Fannie Mae's Condo Project Manager Update
  Updated to permit the use of CPM through Desktop Underwriter (DU).
  

Upcoming Webinars

• Thursday, June 5th
  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 10th  

  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.

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