MPF Announcement 2025-82
MPF Government Loans – Veterans Affairs Servicing Purchase (VASP) Program
Effective Date: Immediately (unless otherwise noted)
In light of the Department of Veterans Affairs ending the Veterans Affairs Servicing Purchase (VASP) program, the MPF Program has updated the MPF Traditional Servicing Guide and MPF Government MBS Servicing Guide removing references to the VASP loss mitigation option.
PFIs and Servicers are reminded that the MPF Guides and Applicable Agreements require their full compliance with any and all Government Agency requirements. Servicers must continue to assist Borrowers pursuant to the guidance outlined by the Department of Veterans Affairs.
For questions or assistance, please contact the MPF Service Center by using one of the following options:
Email: MPF-Help@fhlbc.com
Phone: (877) 345-2673
- References:
- MPF Announcement 2025-82