MPF Announcement 2025-84
MPF Traditional Selling – Reconsideration of Value
The MPF Traditional Selling Guide was updated to clarify PFI responsibilities related to reconsideration of value (ROV).
PFIs choosing to develop a reconsideration of value framework must ensure their process adheres to all applicable local, state, and federal laws.
PFIs are responsible for ensuring that at time of delivery. All ROV processes were completed, and the appraisal report and opinion of market value are reliable and adequately supported. As a reminder, mortgage loans with uncertain valuations cannot be delivered into the MPF Program.
MPF Traditional Government Mortgage Loans must comply with the ROV requirements of the applicable Government Agency.
For additional information see MPF Traditional Selling Guide Section 7.17 Reconsideration of Value.
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 2025-84
