MPF Announcement 2025-57
MPF Xtra Servicing Updates – FNMA SVC-2025-04
Fannie Mae published SVC-2025-04 which covers the below referenced topics that are applicable to mortgage loans sold under the MPF Xtra product:
References to Republic Mortgage Insurance Company:
- Removed references to Republic Mortgage Insurance Company (RMIC) and updated the MI Claims Portal Participants Exhibit.
Miscellaneous Updates:
- Foreclosure Time Frames and Compensatory Fee Allowable Delays Exhibit:
- Updated the Guide to incorporate the changes to foreclosure time frames and compensatory fee allowable delays as described in LL-2025-01.
- Compliance with Laws:
- Clarified reporting requirements related to anti-money laundering for non-Bank Secrecy Act regulated entities.
- Approved Mortgage insurers and related identifiers:
- Updated the list to remove historical references of previously approved mortgage insurers.
To gain a full understanding of these topics, 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
- References:
- MPF Announcement 2025-57