AWACSMortgage compliance intelligence from Flightline

FHLB Chicago MPF · Servicing Announcement MPF Announcement 2026-33 · Published

MPF Xtra Remote Online Notarization Servicing Alignment

MPF Xtra aligns with Fannie Mae servicing updates for remote online notarization on loans executed May 6, 2026, or later. The update removes video recording mandates for remote notarizations while directing servicers to preserve the electronic audit log.

InformationalNote dates on or after May 6, 2026Checks passed· adjusted automaticallyRead the announcement ↗ (opens in a new tab)

Loan impact

Summarized from the announcement · needs review

Applies to: MPF Xtra loans finalized using remote online notarization on or following May 6, 2026.

Applies when all of these are true
  • ANDMpf loan
  • ANDRon
  • ANDNote date on or after May 6, 2026
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 area
Records
Affected documents
Electronic mortgage file; remote notarization audit log
Exceptions
unrelated topics from the referenced agency bulletin
Effective
Note dates on or after May 6, 2026
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
Video record of remote notary ceremonyClarifiedNot statedThe mandate to capture video recordings of the remote notarial event is discontinued.
Retention of remote notarization audit recordsClarifiedNot statedServicers must keep the complete electronic transaction log within the submitted file.

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 servicing alignment for remote online notarizations executed on or after May 6, 2026, which removes video recording requirements while directing servicers to retain the complete electronic transaction log.

QC implications

  • Quality control should sample remote online notarization loans executed on or after May 6, 2026, to confirm that complete electronic transaction logs are maintained in the file while noting that video recordings are no longer required.

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, adjusted automatically

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

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

  • 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
    • An independent check could not confirm which way a change moves a rule; it is not marked as required

  • In scope: Passed

    The document is about residential mortgage lending.

  • Format and labels: Passed

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