MPF Announcement 2025-68

MPF Program eNote/eMortgage Updates

Effective Date: Immediately

• Updated to permit eMortgages to be delivered as Servicing Released for MPF Traditional and MPF Xtra mortgage loans.
• Servicers must update the MERS eRegistry to provide notice of an assumption agreement regardless of the assumption type and ensure the executed agreement is delivered to the MPF Program Custodian.
• Servicers must initiate the timely transfer of control and location of the eNote back to the MPF Bank if upon conclusion or cancellation of a foreclosure, bankruptcy, or other legal proceeding the loan remains active.
• When an Agreement for Modification, Re-Amortization, or Extension of a Mortgage (Form 181) is completed the Servicer must perform an eDelivery to the MPF Program Custodian and include a copy of Form 181 as a supplemental document.
• For eMortgages secured by property in a state that requires the return of a paper Note upon loan payoff, the Servicer must submit a Request for Release of Documents (Form SG340) to the MPF Program Custodian at mpfreleaseteam@computershare.com.

As a reminder, PFIs and Servicers must be specifically approved to sell and/or service MPF Program loans originated as eNote/eMortgages. PFIs and Servicers must contact their MPF Bank to ensure compliance with MPF Program and MPF Bank specific approval requirements, and to begin the approval process.

For questions or assistance, please contact the MPF Service Center by using one of the following options:

• MPF Customer Service Portal
• MPF-Help@fhlbc.com
• Phone: (877) 345-2673