Announcements

• MPF Government MBS
• Dec 15, 2023

MPF Announcement 2023-97

The MPF Program announces the following Origination and Underwriting Policy Updates: • 2024 Conventional Loan Limits • 2024 High-Balance Mortgage Loan Limits

• MPF Original
• Dec 15, 2023

MPF Selling Summary Announcement 2023-S13

This document contains multiple MPF Selling Announcements being published on this date.

• MPF Xtra
• Dec 15, 2023

MPF Announcement 2023-96

Fannie Mae updated their selling guide with impacts to employment offers or contracts policy and shared appreciation requirements, these updates are applicable to mortgages sold under the MPF Xtra product.

• MPF Xtra
• Dec 15, 2023

MPF Announcement 2023-95

Updated the Selling Guide to permit Single-Width Manufactured Homes, MH Advantage mortgage loans, and mortgage loans secured by properties in Guam, Puerto Rico, and the U.S. Virgin Islands.

• MPF Xtra
• Dec 15, 2023

MPF Announcement 2023-94

Fannie Mae updated their selling guide with impacts to the following topics rental income, self-employed borrowers, manufactured housing appraisals, and property data collection requirements, sold under the MPF Xtra product.

• MPF Xtra
• Dec 15, 2023

MPF Announcement 2023-93

Fannie Mae announced temporary representation and warranty enforcement relief for mortgage loans impacted by a COVID-19 forbearance. MPF Xtra mortgage loans previously or currently in a COVID-19 forbearance may be eligible for relief.

• MPF Original
• Dec 15, 2023

MPF Announcement 2023-92

Updated list of Ineligible Transactions, Products, or Attributes and clarified MPF Program Requirements that supersede Fannie Mae/DU and Freddie Mac/Loan Product Advisor requirements.

• MPF Original
• Dec 15, 2023

MPF Announcement 2023-91

Updated the policy for using income earned from a trust towards qualifying.

• MPF Original
• Dec 15, 2023

MPF Announcement 2023-90

Updated personal gifts policy to include requirements when the gift donor is the seller of the property and when the source of the gift is an estate or trust.

• MPF Original
• Dec 15, 2023

MPF Announcement 2023-89

The American Land Title Association (ALTA) released 2021 revisions to their loan policy forms. The MPF Traditional Selling Guide was updated to reflect the use of these updated forms.