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MPF Announcement 2025-90
MPF Xtra Servicing Updates –FNMA SVC-2025-06
Effective Date: Immediately (unless otherwise noted within)
Fannie Mae published SVC-2025-06 which covers the below referenced topics that are applicable to mortgage loans sold under the MPF Xtra product:
Fannie Mae published SVC-2025-06 which covers the below referenced topics that are applicable to mortgage loans sold under the MPF Xtra product:
- Allowable Bankruptcy Attorney Fees Exhibit:
- Updated the Allowable Bankruptcy Attorney Fee Exhibit to include the “Response to Motion to Determine Status” fee.
Effective Date: The new allowable fee is applicable to legal services provided by the law firms for motion to determine status on or after December 1, 2025.
- Bankruptcy cramdowns on recourse or indemnified loans:
- clarified applicable mortgage loans subject to recourse or indemnification must be voluntarily repurchased before proceeding with a court ordered bankruptcy cramdown.
Effective Date: Servicers are encouraged to implement this policy clarification immediately but must do so by February 1, 2026
To gain a full understanding of these topics, PFIs should review the entire Fannie Mae Announcement and any applicable Fannie Mae Servicing Guide chapters, forms, or exhibits noted in the announcements.
To gain a full understanding of these topics, PFIs should review the entire Fannie Mae Announcement and any applicable Fannie Mae Servicing Guide chapters, forms, or exhibits noted in the announcements.
If you have any questions, contact the MPF Service Center:
- MPF Customer Service Portal
- Email: MPF-Help@fhlbc.com
- Phone: (877) 345-2673
- References:
- MPF Announcement 2025-90
