MPF Xtra Selling Updates Aligning with Fannie Mae SEL-2026-08

Applies to: Applies to participating financial institutions delivering conventional loans under the MPF Xtra program involving rental income, UAD 3.6 appraisals, or tribal lending initiatives.

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

Report format; Rental income; EligibilityGuide Section Exhibit HH-X

Affected documents

Uniform Residential Appraisal Report; Exhibit HH-X tribal documentation

Effective

Applications dated on or after Nov 1, 2026Sellers may implement immediately

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 to review: Review the updated rental income underwriting standards, the reporting instructions for highest and best use under UAD 3.6, and the expanded eligibility criteria allowing tribal members to qualify under the Native American Conventional Lending Initiative when their tribe lacks jurisdiction over the property.

QC implications

• Quality control should verify that files using the updated rental income guidance comply with the revised standards.
• Quality control should sample UAD 3.6 appraisal reports to ensure compliance with the new highest and best use reporting directions.
• Quality control should confirm eligibility documentation on Native American Conventional Lending Initiative loans where the borrower's tribe lacks jurisdiction over the mortgaged property.