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Federal Home Loan Bank of Chicago (MPF Program)

MPF Announcement 2026-27

May 7, 2026

Summary

The MPF Program has updated Form OG3 from a fillable document to an interactive job aid, mandating that all loan presentments now be completed exclusively through the eMPF portal. Additionally, Exhibit Q has been revised to synchronize Special Feature Codes across all MPF product lines.

MPF Announcement 2026-27

MPF Announcement: 2026-27 Date: May 7, 2026 Effective Date: Immediately (unless otherwise noted within)

Alert:

  • Clarification
  • New Policy
  • Policy Update
  • Reminder
  • Training Information
  • Marketing Bulletin

Audience:

  • Compliance/Legal
  • Program Management
  • Origination
  • Quality Control
  • Servicing
  • Underwriting

Product:

  • MPF Government MBS
  • MPF Traditional
  • MPF Xtra®

MPF Program – Updates to Form Delivery Requirements

In efforts to streamline delivery requirements the MPF Program has updated the Form OG3: Loan Presentment Instructions (Form OG3) and Exhibit Q: MPF Program Special Feature Codes.

Form OG3 – Loan Presentment Instructions

To improve usability when completing the interactive Loan Presentment in eMPF®, Form OG3 is no longer a fillable document. Instead, it has been converted to a job aid that provides field-by-field instructions corresponding to the Loan Presentment screen in eMPF.

In addition, Form OG3 has been revised by:

  • Updating the listed field options to align with the eMPF Loan Presentment screen.
  • Clarifying field descriptions and their available enumerations.

As a result of these updates, PFIs may no longer submit a paper version of Form OG3. All loan presentments must be completed through eMPF. PFIs should reference Form OG3 when completing a Loan Presentment in eMPF to help ensure accurate data entry and avoid discrepancies.

Exhibit Q – MPF Program Special Feature Codes

Exhibit Q has been updated to ensure alignment with all required Special Feature Codes across all MPF Program products. The MPF Selling Product Guides have been updated to reference Exhibit Q.

PFIs should refer to the most recent version of the forms posted on the MPF Website and Allregs.

For questions or assistance, please contact the MPF Service Center by using one of the following options:


Reference

Please note you can access the MPF Guides and MPF Announcements on our MPF Website.

Visit the MPF Website to review and register for upcoming complimentary MPF Webinars.

Source: https://www.fhlbmpf.com/program-guidelines/mpf-program-updates/mpf-announcement-2026-27

Common questions

What does "MPF Announcement 2026-27" cover?
The MPF Program has updated Form OG3 from a fillable document to an interactive job aid, mandating that all loan presentments now be completed exclusively…
Which agency issued this update?
This update was issued by Federal Home Loan Bank of Chicago (MPF Program).
When was it published?
It was published on May 7, 2026.

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