MPF Xtra Selling Guide Updates
Effective Date: Immediately (Unless Otherwise Noted)
On October 2, 2018, Fannie Mae issued Selling Guide Announcement SEL-2018-08, which covers the below referenced topics that are applicable to loans sold under the MPF Xtra product:
- Employment Verification for Union Members
- Employment- Related Assets as Qualifying Income
- General Information on Project Standards
Other topics mentioned in the Fannie Mae announcement do not apply to MPF Xtra. To gain a full understanding of these topics, PFIs should review the entire Fannie Mae Announcement plus any applicable Fannie Mae Selling Guide chapters, forms, or exhibits noted in the announcement.
- MPF Announcement 2018-49