Loan impact
Summarized from the announcement · partly verifiedApplies to: Servicing institutions administering MPF Xtra mortgage loans containing escrow impound accounts.
- 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
- Data
- Affected documents
- Escrow event transmission files; Form SG406-X instruction document
- Effective
- Dec 1, 2026Sellers may implement immediately
- Applicability confidence
- Partly verified: some rows are not 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| Requirement | Previously | Now |
|---|---|---|
| Escrow event reporting transmission channel and file formatNew | Not stated | Servicers must report escrow event data directly to Computershare in JSON, Excel, or CSV formats, with text file submissions prohibited. |
| Daily reporting timeline and non-business day consolidationNewRequired | Not stated | Escrow records must be uploaded to Computershare by 2:00 p.m. Eastern the next business day, with weekend or holiday activity grouped into the subsequent business day submission. |
| Direct Fannie Mae servicing portfolio separationNewRequired | Not stated | Loans managed under an independent Fannie Mae servicer contract cannot be combined into MPF Xtra transmission files. Does not apply to: Loans managed under a separate direct Fannie Mae servicing contract. |
| Voluntary early production transmission periodRelaxed | Not stated | Participating servicers have the option to begin testing daily production file uploads prior to the required start date. |
What to do
AWACS interpretation · not source languageWhat to review: Review the mandatory December 1, 2026 requirement to upload daily MPF Xtra escrow event files to Computershare by 2:00 p.m. Eastern the next business day and ensure independent Fannie Mae servicing loans are not commingled.
Beginning December 1, 2026, upload daily escrow records to Computershare by 2:00 p.m. Eastern on the next business day with weekend and holiday activity grouped into the following business day submission, ensuring loans under independent Fannie Mae servicer contracts are not combined into MPF Xtra transmission files.
QC implications
- Verify that daily escrow records for MPF Xtra loans are delivered to Computershare by 2:00 p.m. Eastern the next business day, with weekend and holiday records consolidated into the subsequent business day submission.
- Sample MPF Xtra escrow transmission files to confirm that loans serviced under separate direct Fannie Mae contracts are excluded.
Questions about FHLB Chicago MPF MPF Announcement 2026-73
When does FHLB Chicago MPF MPF Announcement 2026-73 take effect?
- On November 4, 2026 (Optional early production file transmission). Lenders may adopt it earlier. On December 1, 2026 (Mandatory daily escrow event submission to Computershare). Lenders may adopt it earlier.
Which loans does FHLB Chicago MPF MPF Announcement 2026-73 affect?
- Servicing institutions administering MPF Xtra mortgage loans containing escrow impound accounts.
What changed in FHLB Chicago MPF MPF Announcement 2026-73?
- Escrow event reporting transmission channel and file format, daily reporting timeline and non-business day consolidation, direct Fannie Mae servicing portfolio separation, voluntary early production transmission period.
What should QC review after FHLB Chicago MPF MPF Announcement 2026-73?
- AWACS interpretation, not source language: Review the mandatory December 1, 2026 requirement to upload daily MPF Xtra escrow event files to Computershare by 2:00 p.m. Eastern the next business day and ensure independent Fannie Mae servicing loans are not commingled. Verify that daily escrow records for MPF Xtra loans are delivered to Computershare by 2:00 p.m. Eastern the next business day, with weekend and holiday records consolidated into the subsequent business day submission. Sample MPF Xtra escrow transmission files to confirm that loans serviced under separate direct Fannie Mae contracts are excluded.
Related reading
Source and record
Version 1 · archivedChecks
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.
- A detail the source does not support was removed or adjusted
- An independent check could not confirm a requirement; it is shown as review, not action
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.
- Title or summary shortened
- A detail the source does not support was removed or adjusted
Source
- Program Announcement MPF Announcement 2026-73 (official) ↗ (opens in a new tab)
- Archived copy, SHA-256 f026d7dc88c9…
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