AWACSMortgage compliance intelligence from Flightline

FHLB Chicago MPF · Investor Announcement MPF Announcement 2026-23 · Published

Ineligibility of VantageScore 4.0 Credit Scores for MPF Xtra Mortgages

Superseded by MPF Announcement 2026-59 (Sep 21, 2026): The MPF Program now permits the delivery of MPF Xtra mortgages evaluated using VantageScore 4.0 when processed via Desktop Underwriter. Originators cannot deliver mortgages evaluated with VantageScore 4.0 scoring to the MPF Xtra outlet, regardless of separate Fannie Mae pilot permissions.

Superseded by MPF Announcement 2026-59 ↗ (opens in a new tab) (). Check the later announcement before acting on this one.

InformationalIn effect nowChecks passed· adjusted automaticallyRead the announcement ↗ (opens in a new tab)

Loan impact

Summarized from the announcement · needs review

Applies to: MPF Xtra residential mortgage originations evaluated with VantageScore 4.0 credit scoring.

Applies when all of these are true
  • ANDMpf loan
  • ANDScore model is vantagescore_4_0
  • ANDProduct is MPF Xtra
Addressed to
MPF participating financial institutions (PFIs)From the publisher, not quoted from the text
Investor
MpfFrom the publisher, not quoted from the text
Affected areas
Credit score model; Eligibility
Applicability confidence
Needs review: some rows could not be matched to a quote from the source

Summary by AWACS. FHLB Chicago MPF's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)

What changed

Summarized from the announcement
RequirementPreviouslyNow
Delivery eligibility for VantageScore 4.0 credit scoresTightenedNot statedLoans scored using VantageScore 4.0 may not be delivered under the MPF Xtra product.

Each change applies when all the loan-impact conditions above are true.

What to do

AWACS interpretation · not source language

What to review: Review the guidance clarifying that loans scored using VantageScore 4.0 are ineligible for delivery under the MPF Xtra product.

QC implications

  • Verify that loans delivered under the MPF Xtra product do not utilize VantageScore 4.0 credit scores.

Source and record

Version 1 · archived

Checks

  • Source verified: Passed

    The document ID, link and publication date match the official source.

  • Quotes match the source: Passed

    Every quoted passage appears word for word in the official document.

  • Requirements backed by the source: Passed, adjusted automatically

    Anything marked required is backed by the requirement language and dates in the source.

    • A detail the source does not support was removed or adjusted

  • In scope: Passed

    The document is about residential mortgage lending.

  • Format and labels: Passed, adjusted automatically

    The record follows the AWACS format and uses its standard labels.

    • A detail the source does not support was removed or adjusted