MPF Announcement 2025-52

MPF Xtra Servicing – Advance Notice of Changes to Servicing Processes and Systems

Fannie Mae published Lender Letter LL-2025-02 which provides advance notice of upcoming changes to servicing processes and systems. These changes are part of a multi-year initiative to further simplify and streamline Fannie Mae’s servicer reporting, enhance risk management capabilities, and create operational efficiencies for mortgage servicing participants. 

This Lender Letter contains the following topics:

• Event-based reporting
• Loan data expansion
• P&I remittance for summary reporting A/A mortgage loan

Effective Date: Fannie Mae expects to deliver these changes incrementally in a phased approach and implementation timelines will be communicated in Q3 of 2025.

To ensure compliance with the Fannie Mae requirements, the MPF Program will communicate additional program specific details regarding the implementation of these servicing updates as soon as they become available. The MPF Xtra Servicing Guides and any applicable forms/exhibits will be updated closer to the effective date.

As a reminder, where the Fannie Mae Servicing Guide directs communication to Fannie Mae or to utilize systems that are only available to Fannie Mae Seller/Servicers, Servicers must contact the MPF Provider. Servicers should not communicate with Fannie Mae directly.

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