Updates to manufactured home eligibility, acceptable uses for limited cash-out, refinances and credit report requirements, all applicable to mortgages sold under the MPF Xtra product.

MPF Xtra Account Remittance Update, effective with the closing of the July reporting cycle.

Pursuant to MPF Marketing Bulletin 2023-05, the applicable MPF Forms and MPF Exhibits have been updated to reflect the MPF Service Center as the point of contact for assistance.

The MPF Program has published a revised announcement with a corrected mandatory effective date for the property inspection updates of August 1, 2023.

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

Pursuant to Fannie Mae SVC-2023-03, updates announced that are applicable to mortgages serviced under the MPF Xtra product, including introducing requirements for servicing mortgage loans subject to resale restrictions.

Updates and clarifications are being made to MPF Traditional inspection requirements to align more closely to industry standards.

Clarified Servicers reporting requirements when a Collateral File has been released to the Servicer for non-liquidation purposes for more than ninety (90) days.

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

The MPF Program Guide is being updated to ensure clarity as to eligibility for certain loans secured by investment properties exempt from the Qualified Mortgage/Ability to Repay requirements, that meet the specific MPF...