• MPF Xtra
  • July 6, 2018

MPF Announcement 2018-36

MPF Xtra Servicing Guide Updates

Effective Date: Immediately (Unless Otherwise Noted)

On June 13, 2018 Fannie Mae issued Servicing Guide Announcement SVC-2018-04, which covers the below referenced topics that are applicable to loans sold under the MPF Xtra product:

  • Forbearance Workout Options
  • Reimbursement of Escrow Advances
  • SCRA Reporting
  • Establishment of Drafting Arrangements for Custodial Funds
  • Vacancy Notice Posting Reimbursement
  • Incorporation of Imminent Default Evaluation for a Conventional Mortgage Loan Modification

To gain a full understanding of these topics, Servicers should review the entire Fannie Mae Announcement plus any applicable Fannie Mae Servicing Guide chapters, forms, or exhibits noted in the announcement.

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