AWACSMortgage compliance intelligence from Flightline

FHLB Chicago MPF · MPF Announcement 2026-59 · Published

VantageScore 4.0 Eligibility for MPF Xtra Mortgages

The MPF Program permits delivery of Desktop Underwriter loans utilizing VantageScore 4.0 solely under the MPF Xtra product. Manually underwritten mortgages must continue using Classic FICO, and VantageScore 4.0 remains ineligible for MPF Traditional products.

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

Loan impact

Summarized from the announcement · verified

Applies to: Desktop Underwriter loans scored with VantageScore 4.0 that are sold into the MPF Xtra product.

Applies when all of these are true
  • ANDMpf loan with a DU
  • ANDEngine is du
  • 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
Programs
DU only
Affected areas
Credit score model; Products
Exceptions
MPF Traditional mortgages; manually underwritten loans
Applicability confidence
Verified: every row taken from the source text is supported by it; rows marked "from the publisher" are not quoted

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
Acceptance of VantageScore 4.0 credit scoring modelRelaxedNot statedLenders may deliver DU-evaluated loans utilizing VantageScore 4.0 specifically for 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 optional flexibility permitting the delivery of Desktop Underwriter loans scored with VantageScore 4.0 solely under the MPF Xtra product.

QC implications

  • Verify that loans delivered using VantageScore 4.0 are evaluated through Desktop Underwriter and sold exclusively under the MPF Xtra product.
  • Confirm that manually underwritten loans continue to utilize Classic FICO and that VantageScore 4.0 is not applied to MPF Traditional deliveries.

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

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

  • 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