Federal Home Loan Bank of Chicago (MPF Program)
MPF Announcement Summary 2026-S09
September 23, 2026
Summary
MPF is publishing two selling announcements that align MPF Xtra with recent Fannie Mae policy updates: waiver of project review requirements, a revised rental income review process, updated highest-and-best-use requirements for UAD 3.6, and expanded NACLI eligibility. PFIs and servicers must also prepare for Fannie Mae's new escrow reporting requirements through the program's training and support series. No explicit effective date is stated in the summary document.
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MPF Announcement Summary: 2026-S09
Date: September 23, 2026
MPF Selling Announcements
This document summarizes MPF Selling Announcements being published on this date. PFIs and Servicers must refer to the actual MPF Announcement for the specific requirements and guidance.
MPF Xtra®
MPF Announcement 2026-60: MPF Xtra Selling Guide Updates Fannie Mae aligned requirements for waiver of project review with Selling Guide policy.
MPF Announcement 2026-61: MPF Xtra Selling Updates-FNMA SEL-2026-08 Fannie Mae published SEL-2026-08, Updating the rental income review process, revised the highest and best requirements for UAD 3.6 and expanding NACLI eligibility.
Upcoming Webinars
- Thursday, September 24th MPF Xtra® Fannie Mae Escrow Reporting Series - Office Hours 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.
- Tuesday, September 29th MPF Default Tutorial Series-Module 1: Loss Mitigation Framework 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.
To register for upcoming webinars and view our on-demand webinar library please visit the following link: https://www.fhlbmpf.com/education/upcoming-webinars
*All webinars begin at 1 p.m. CT
Reminders
MPF Xtra Fannie Mae Escrow Reporting Changes: Educational Series The MPF Program is also hosting an educational series to help PFIs build the knowledge and confidence needed to prepare for Fannie Mae’s new escrow reporting requirements. The series includes scenario-based webinars that show participants how to complete and validate the reporting file, as well as PFI-driven Office Hours where participants can bring questions and discuss implementation challenges. The October 20 and November 19 webinars will cover the same content, so PFIs may choose the offering that works best for their schedule and do not need to attend both. Together, these learning and support opportunities are designed to help PFIs reduce errors and prepare for successful implementation.
- September 24: Office Hours
- Bring early questions and readiness concerns. Register here.
- October 20: Webinar
- Offering 1: Scenario-based walkthrough and file application. Register here.
- November 19: Webinar
- Offering 2: Scenario-based walkthrough and file application. Register here.
- December 9: Office Hours
- Final questions and implementation support. Register here.
Please note: all Webinars and Office Hours begin at 1pm CT
- September 24: Office Hours
Reminders on Loan Presentment Data Fields:
- PITI / Housing Expense: Confirm the full monthly housing payment is accurately reflected.
- Debt-to-Income Ratio: Recalculate whenever income, liabilities, or housing expenses change.
- Total Other Debt: Ensure all applicable liabilities and monthly obligations are included.
- Final AUS and/or 1008 data fields must be consistent with file documentation.
Resources
Please note you can access the following on our MPF Website:
- MPF Customer Service Portal
- MPF Guides
- Announcements
Source: https://www.fhlbmpf.com/program-guidelines/mpf-program-updates/mpf-announcement-summary-2026-s09
Common questions
- What does "MPF Announcement Summary 2026-S09" cover?
- MPF is publishing two selling announcements that align MPF Xtra with recent Fannie Mae policy updates: waiver of project review requirements, a revised…
- 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 September 23, 2026.
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- Ocwen Financial Corp. order issued by the Division of Banking and find answers to frequently asked questions. (order)
- Agreed Order
- Guidance of Nontraditional Mortgage Products Risks
- Mortgagee Letter 2026-06: Increase in the Maximum Number of Draw Requests for Limited 203(k) Rehabilitation Mortgage Insurance Program
- Budget Finance Co. - New Martinsville, WV ORDER