Custody
Participating Financial Institutions
Participating Financial Institutions (PFIs) are required to deliver specific documents to the MPF Program Custodian (Computershare). Mortgage Loans must receive an Initial Certification in accordance with the appropriate MPF Guides. In addition to the Initial Certification, MPF Government and MPF Government MBS loans must also receive Final Certification within 365 calendar days of funding.
MPF Traditional Products (MPF Original, MPF 125, MPF 35, MPF Government) and MPF Government MBS:
PFIs are required to deliver specific documents to the MPF Program’s Custodian within seven (7) calendar days of the Funding Date by the MPF Bank.
MPF Xtra - Effective for all funding confirmations:
The pre-funding Initial Certification process will be required in order for loans to complete the funding process.
Please refer to the MPF Guides for complete details on all MPF Products.
Initial Certification Process Flow
MPF Traditional Products (MPF Original, MPF 125, MPF 35, MPF Government) and MPF Government MBS
Within 7 Calendar Days from Funding
Reports
Clear Exceptions
Initial Certification
Initial Certification Process Flow for MPF Xtra
Submit Batch
Note(s) & Required Documents
Reports
Clear Exceptions
Initial Certification
Loan Funding
Final Certification Process Flow
MPF Government and MPF Government MBS products only
Custody Quick Reference Guide
Initial Certification
- Exhibit H: MPF Program Custodian - Document Codes
- Exhibit K: Initial Certification Review Checklist for MPF Traditional
- Form SG340: Request for Release of Documents - MPF Traditional
Final Certification - Government Only
- Exhibit L: Government Mortgage Final Certification Review Checklist
- Exhibit H: MPF Program Custodian - Document Codes
Trailing Documentation (Servicing Released Only)
- Exhibit W: Newrez Whole Loan Servicing Transfer Manual - MPF Traditional
- Exhibit F: Colonial Savings Concurrent Servicing Sale Manual
Custodial Guide & Fees (Chapter 15.5)
Frequently Asked Questions
Initial Certification
- Exhibit H: MPF Program Custodian - Document Codes
- Exhibit K-X: Initial Certification Review Checklist for MPF Xtra
- Form SG340-X: Request for Release of Documents - MPF Xtra
Final Certification - Government Only
- Not applicable
Trailing Documentation (Servicing Released Only)
Custodial Guide & Fees (Chapter 15.4)
Frequently Asked Questions
- Exhibit J: MPF Custody Frequently Asked Questions and Answers
- MPF Xtra: Pre-Funding Certification Frequently Asked Questions (FAQs)
Initial Certification
- Exhibit H-M: MPF Government MBS Custodian-Document Codes
- Exhibit K-M MPF Government MBS Initial Certification Review Checklist 3.17.23
- Form SG340M: Request for Release of Documents - MPF Government MBS
Final Certification - Government Only
- Exhibit L: Government Mortgage Final Certification Review Checklist
- Exhibit H-M: MPF Government MBS Custodian-Document Codes
Trailing Documentation (Servicing Released Only)
- Temporarily Suspended
Custodial Guide & Fees (Chapter 8)
Frequently Asked Questions
Quick Links
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Learn MoreUpcoming Webinars
Join our upcoming webinars to enhance your knowledge and stay updated on industry trends.
1 hour
MPF Default Tutorial Series - Module 1: Loss Mitigation Framework
Tuesday, September 29, 2026 | 1:00pm
Establish the borrower hardship framework, workout hierarchy, and decision making approach used throughout the series. This five-part webinar series helps PFUs evaluate borrower situations, understand available workout options, and determine appropriate next steps. Through scenario-based instruction, practical examples, and SME-led discussions, participants will learn how to apply key Default Management concepts and support sustainable borrower outcomes.
1 hour
MPF® University Welcomes Radian: Understanding the UAD 3.6 Appraisal Form
Tuesday, October 06, 2026 | 1:00pm
Learn how to navigate the UAD 3.6 Uniform Residential Appraisal Report (URAR) in this MPF University session. Participants will review the structure of the report, key appraisal components including Condition & Quality ratings, ADU reporting, market data and comparable sales analysis, as well as the Income and Cost Approaches, final reconciliation and appraiser certification requirements used to support underwriting and loan decisions.
1 hour
ACUMA Inside Track Webinar: A Volatile Equilibrium
Tuesday, October 06, 2026 | 1:00pm
Beneath the headline economic indicators lies a complex set of crosscurrents influencing markets, borrowers, and financial institutions. Join FHLBank Chicago's James Hotchkiss for a data-driven discussion of the forces shaping growth, inflation, interest rates, housing markets, and why today's strong growth and apparent stability may be more fragile than it seems.
1 hour
MPF® University Welcomes MGIC: 5 Ways to Up Your Approval Game
Wednesday, October 14, 2026 | 1:00pm
Learn strategies to strengthen your mortgage lending expertise in this MPF University session. Participants will explore financing options, loan structuring considerations, key differences between Fannie Mae and Freddie Mac requirements, effective borrower communication techniques and common approval defects to help support successful loan outcomes.
1 hour
MPF Xtra Fannie Mae Escrow Reporting Series - Webinar (Offering #1)
Tuesday, October 20, 2026 | 1:00pm
The MPF Xtra Fannie Mae Escrow Reporting Series combines practical webinar training with interactive Office Hours to help PFIs prepare for Fannie Mae's new escrow reporting requirements. This webinar provides a practical overview of the new reporting requirements, including when to report, how to complete the reporting template, common scenarios, and common reporting errors. Participants will leave with the knowledge needed to begin preparing for implementation.
1 hour
MPF Default Tutorial Series - Module 2: Forbearance Plan
Thursday, October 29, 2026 | 1:00pm
Explore temporary hardship situations, payment relief options, transition planning, and common borrower scenarios. This five-part webinar series helps PFUs evaluate borrower situations, understand available workout options, and determine appropriate next steps. Through scenario-based instruction, practical examples, and SME-led discussions, participants will learn how to apply key Default Management concepts and support sustainable borrower outcomes.
1 hour
MPF Default Tutorial Series - Office Hours
Tuesday, November 17, 2026 | 1:00pm
The MPF® Default Tutorial Series combines practical webinar training with interactive Office Hours designed to reinforce concepts introduced throughout the program. Bring your questions, borrower scenarios, and workout evaluation challenges for discussion with Default Management subject matter experts. This participant-driven session provides an opportunity to explore real-world situations and receive additional guidance on topics covered throughout the series.
1 hour
MPF Xtra Fannie Mae Escrow Reporting Series - Webinar (Offering #2)
Thursday, November 19, 2026 | 1:00pm
The MPF Xtra Fannie Mae Escrow Reporting Series combines practical webinar training with interactive Office Hours to help PFIs prepare for Fannie Mae's new escrow reporting requirements. This second webinar offering covers the same content as the October session. Learn how to complete the reporting template, apply reporting requirements to common scenarios, and avoid common reporting errors before implementation.
1 hour
MPF Default Tutorial Series - Module 3: Repayment Plan
Tuesday, November 24, 2026 | 1:00pm
Learn how repayment plans are evaluated, when they may be appropriate, and what borrower information should be considered. This five-part webinar series helps PFUs evaluate borrower situations, understand available workout options, and determine appropriate next steps. Through scenario-based instruction, practical examples, and SME-led discussions, participants will learn how to apply key Default Management concepts and support sustainable borrower outcome
1 hour
MPF Xtra Fannie Mae Escrow Reporting Series - Office Hours
Wednesday, December 09, 2026 | 1:00pm
The MPF Xtra Fannie Mae Escrow Reporting Series combines practical webinar training with interactive Office Hours to help PFIs prepare for Fannie Mae's new escrow reporting requirements. This second Office Hours session is participant-driven. Bring your questions, readiness concerns, and implementation challenges for discussion with MPF Provider and subject matter experts.