MPF Announcement 2024-19

MPF Traditional – Verification of Employment Alternatives 

Effective Date: Immediately (unless otherwise noted)

Updated the MPF Traditional Selling Guide to incorporate alternative methods to satisfy the verbal verification of employment requirements including obtaining paystubs or bank statements within 15 business days prior to the Note date. 

For additional information see MPF Traditional Selling Guide section 5.3.7. Verbal Verification of Employment.