The MPF Program is creating 2 new exhibits to provide PFIs with further guidance on the repurchase process for MPF Traditional loans and MPF Xtra loans.

Fannie Mae updated their selling guide to include revised policies and guidelines pertaining to leasehold provisions, project reviews for manufactured homes, appraisal market area analysis, and clarified mortgage fraud...

Fannie Mae is extending offering a $2,500 LLPA credit for very low-income purchase borrowers (VLIP) that can be used for down payment and closing costs.

Fannie Mae updated their selling guide to include revised policies and guidelines pertaining to leasehold provisions, project reviews for manufactured homes, appraisal market area analysis, and clarified mortgage fraud...

This document summarizes MPF Selling Announcements being published on this date.

The MPF Program Exhibit F: Concurrent Servicing Sale Manual for Colonial Savings for MPF Traditional has been updated.

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

The MPF Program is clarifying the late reporting fee will now also apply to late Monthly Investor Reporting, in addition to late Monthly Accounting Reports, and late or incomplete Delinquent Mortgage and Bankruptcy Status...

The MPF Program is updating Form SG340 - Request for Release of Documents to apply only to MPF Traditional loans, and is creating a new Form SG340-X - Request for Release of Documents to be used for MPF Xtra loans.

The MPF Guides have been updated to clarify who the providers should contact when the MPF Guides say to notify the MPF Provider.