Getting Started Guide for MPF Xtra Servicing Released (CMC)


Getting Started

Welcome to the Mortgage Partnership Finance® (MPF®) Program and the MPF Xtra® product with servicing released to CMC Funding. You’ve made a great decision to further enhance your relationship with your borrowers. We’ll be here every step of the way to ensure your success. Take advantage of this Getting Started Guide to prepare for your application process!

Before you apply for a product, there are a few things to complete before you get started:

Application Period

  • Execute a MPF-specific Corporate Resolution (For New PFIs only)
  • Set up MPF in your Product and Pricing Engine (PPE)
  • Complete and submit your application

Upon Approval

  • Set up all your users
  • Confirm any 3rd party vendor relationships are finalized (if applicable)
  • Review the loan process and let your implementation specialist know if you are unsure of any step
  • Log in and familiarize yourself with the eMPF website
  • Create and test your Fannie Mae 3.0 ULDD file and Additional Information File for a successful data submission

Step 1: Complete and Submit Application

About this Step

To become a Participating Financial Institution (PFI), please review, complete and submit the application documents. Since all MPF Application documents must be dated on or after the date of the MPF Corporate Resolution, we recommend you begin the process by reviewing the product with your board.

How to Complete This Step

  • Execute a MPF-specific Corporate Resolution (For NEW PFIs only)
  • Complete the application forms and gather supporting documentation 
  • Submit your application to

What You Will Need

A checklist and application documents are available under the "Applications" tab. The checklist will be useful for completing all required fields. 

Step 2: Complete Set-up Process

About This Step

You will need to complete certain items, either with an internal team or third party, prior to funding your first loan. Below is a summary:

  • You can use Product and Pricing Engines (PPE) to execute your lending strategy. MPF Products and Pricing are available through five providers:
    • Ellie Mae®
    • LoanScorecard
    • LoanLogics®
    • Optimal Blue®
    • Mortech®
  • There are no specific document packages available for MPF products within any current LOS system.  
  • Underwriting can be performed manually or by utilizing AUS findings from DU® or LPA.
  • Appraisal data, edits and submissions utilize Uniform Collateral Data Portal® (UCDP®).
  • All loans will require a successful submission of a Uniform Closing Dataset (UCD) XML file prior to making a loan funding request.

How to Complete this Step

  • Set-up with one of the PPE providers
  • Use the Fannie Mae® 3200 multi-state note and state-specific mortgage or deed of trust
  • Log in to DU using the temporary credentials provided by Fannie Mae and set up your corporate administrator
  • Determine if your institution will use Automated or Manual Underwriting
  • To begin the MERS application process, go to and click on "Join MERS". Choose the membership type that is best suited for your institution.

What You Will Need

  • Fannie Mae/Freddie Mac® Conforming Documents 
  • Set-up Fields for Loan Origination System 
  • MPF Xtra PowerPoint for DU, UCDP and ULDD Set-up 
  • MPF Xtra Guide for Fannie Mae Technology Set-up and Access 
  • Additional Information File 
  • Resources available on this site

Step 3: Training

About This Step

A dedicated team of trainers is available to prepare you for launch. Customized onsite training will take place after application approval when you have loans ready to sell. Our training team will provide you with a comprehensive product review. We recommend several individuals participate in the training sessions, including senior lender, mortgage dept. manager, loan officers, underwriters and/or quality control staff, processors/mortgage support staff, and post-close staff. 

How to Complete This Step

What You Will Need

On-demand webinars available online

Step 4: Launch

About This Step

Congratulations! You are now ready to lock and start funding your first loans. With each loan, you will need to prepare a few items for post-closing and ongoing quality control. Don’t worry – we have resources to help walk you through each step. Get ready to enjoy your new opportunities with MPF!

How to Complete This Step

  • Celebrate your completed MPF application process
  • Identify qualifying loans for the MPF program
  • Start selling into the MPF program!

What You Will Need

  • Custody Package Delivery Instructions
  • Servicing File Instructions
  • Quality Control Requirements

Additional information can be found in the CMC Funding Whole Loan Servicing Transfer Manual (Xtra) or on this site