Federal Home Loan Bank of Chicago (MPF Program)
MPF Selling Announcement 2026-S05
April 23, 2026
Summary
The MPF Program has updated its Selling Guide to expand the definition of acceptable personal gift donors for MPF Traditional products. Additionally, MPF Xtra guidelines now explicitly clarify the ineligibility of VA refinance transactions in alignment with Fannie Mae SEL-2026-03.
MPF Selling Announcements
MPF Announcement Summary: 2026-S05 Date: April 23, 2026
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 Traditional
MPF Announcement 2026-20: MPF Traditional Selling Guide – Personal Gifts
The MPF Traditional Selling Guide has been revised to update the definition of acceptable donors for personal gift funds.
MPF Xtra®
MPF Announcement 2026-21: MPF Xtra Selling Updates – FNMA SEL-2026-03
Updated Guide to incorporate policies that have been previously communicated regarding the ineligibility of VA refinance transactions.
Upcoming Webinars
Wednesday, May 6th Getting to Know Fannie Mae’s HomeReady® and Freddie Mac’s Home Possible® Products Beginning April 27th, the MPF Traditional Product guidelines will be expanded to include new options designed to encourage affordable homeownership. We will provide an overview of the upcoming changes and discuss how these enhancements can help you reach more borrowers within your community.
Thursday, May 21st Introduction to Manufactured Housing Manufactured homes have seen an increase of production over the past decade. With borrowers looking for affordable options in today’s housing market, manufactured housing can be an attractive option. In this webinar, you will learn about the primary characteristics of a manufactured homes. We’ll discuss eligibility factors and important underwriting considerations.
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
- The MPF Guides, Glossary and Exhibits were updated to align with MPF Announcement 2025-81 by replacing the term “Appraisal Waiver” with “Value Acceptance.”
Source: https://www.fhlbmpf.com/program-guidelines/mpf-program-updates/mpf-selling-announcement-2026-s05
Common questions
- What does "MPF Selling Announcement 2026-S05" cover?
- The MPF Program has updated its Selling Guide to expand the definition of acceptable personal gift donors for MPF Traditional products. Additionally, MPF…
- 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 April 23, 2026.