MNP Hold Status

When processing a short sale workout, minimum net proceeds (MNP) and property value are required. You must submit a request to obtain these values via the Real Estate Valuation and Pricing (REVP) tool.

Once your REVP request has been submitted, your short sale workout request can go into an MNP Hold status due to the inability to access the property (e.g., keyless entry and appraiser does not have the code). 

When your workout request is in an MNP Hold status, you can see the MNP details and fatal error message under the Offer Details section on the Details page in Resolve:

MNP Hold Status Workflow

Once the MNP error(s) are resolved, the short sale workout request will move to either an Approved or Ineligible for Approval status. 

 

 

 

 

This information is not a replacement or substitute for the requirements in the Freddie Mac Single-Family Seller/Servicer Guide or any other contractual agreements. This information does not constitute an agreement between Freddie Mac and any other party.  © 2025 Freddie Mac.

Terms of Use

 

Freddie Mac Learning