MPF Announcement 2025-88

MPF Xtra Selling Updates – FNMA SEL-2025-09

Fannie Mae published SEL-2025-09 which covers the below referenced topics that are applicable to mortgage loans sold under the MPF Xtra product:

Relief from enforcement of representations and warranties for certain undisclosed liabilities:
- expanding Day 1 Certainty® offerings to include representation and warranty relief for undisclosed non-mortgage liabilities.
Effective: These changes will be eligible for loan casefiles submitted or resubmitted to for Desktop Underwriter® (DU®) on or after the weekend of November 15, 2025.

Single-closing construction-to-permanent loans:
- expanding the eligibility for the age of credit document exception for the single-closing construction loans.
Minimum credit score requirements:
- removing minimum credit score requirements for DU loans.
Effective: The minimum representative credit score requirement of 620 for loan casefiles for one borrower and minimum average median credit score requirement of 620 for more than one borrower will be removed for new loan casefiles created on or after November 16, 2025. All other changes apply to loan casefiles submitted or resubmitted on or after the weekend of November 15, 2025.

Other topics mentioned in the Fannie Mae announcement do not apply to MPF Xtra.

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:

References:: MPF Announcement 2025-88

MPF Xtra Selling Updates – FNMA SEL-2025-09

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