Clarified delivery commitment guidance to reflect the current process for extending or reducing commitments, pricing adjustments, and acceptable loan term eligible for best efforts and mandatory delivery commitments.

Incorporated guidance regarding permissible principal curtailments prior to mortgage loan delivery.

MPF Traditional Selling Guide update clarifying occupancy restriction requirements.

PFIs are alerted of potential and active mortgage fraud scenarios, involving misrepresented borrower profiles in multiple loans in order to abscond with significant sums of money during closing.

Greg Couture shares how Texas Tech Credit Union has made the dream of homeownership more realistic for many of their members by partnering with the MPF Program.

This document summarizes multiple MPF Servicing Announcements being published on this date.

Fannie Mae announced the upcoming retirement of certain COVID-19 related servicing policy flexibilities.

Fannie Mae issued an update to the COVID-19 Payment Deferral and COVID-19 Fannie Mae Flex Modification temporary policies that were previously announced.

Fannie Mae updated requirements related to evaluating release, or partial release requests and reorganized requirements for insured loss events, which are applicable to mortgages serviced under the MPF Xtra product.

Updated COVID-19 Related Servicing Guidance for MPF Traditional (Conventional) Loans by adjusting the loan modification interest rate.