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Likely MPN Processing Scenarios*

Processing Type MPN Process Code MPN Record on TG’s System MPN Confirmation
(AdvanTG 3.0)
Note Print Process Lender/Servicer Response
GO= Guarantee Only

GP= Guarantee & Print
New= School wants new MPN for this borrower

Serial= School wants lender to use existing MPN if they have one
Exists= A previous MPN has been guaranteed by TG

Doesn’t Exist= No previous MPN has been guaranteed by TG
Unknown= TG doesn’t know if lender has valid MPN

Y= Lender has notified TG they have valid MPN

N= Lender has notified TG they do not have a valid MPN
Print= TG will print & mail new MPN or allow borrower to print online

Do Not Print= TG will not print new MPN or allow the borrower to print
Wait for new MPN from borrower

Print new MPN & mail to borrower

Process using existing MPN if present
GO New or Serial Either Doesn’t matter Do Not Print
(GO)
Wait/Print
(GO & N)

Process
(GO & S)
GP New Doesn’t Exist Doesn’t matter Print
(GP & N)
Wait
(GP & N)
GP New Exists Doesn’t matter Print
(GP & N)
Wait(?)
(GP & N)
GP Serial Doesn’t Exist Doesn’t matter Print
(GP, S, & No TG Record)
Wait
(if no MPN)

Process
(if MPN held)
GP Serial Exists Unknown Do Not Print
(TG assumes MPN already exists)
Print
(if no MPN)

Process
(if MPN held)
GP Serial Exists Yes Do Not Print
(MPN Confirmed)
Process
(GP, S, & Y)
GP Serial Exists No Print
(No Valid MPN)
Wait/Print
(GP, S, & N)

* Note: These processing scenarios are based on a sample survey of lenders & servicers. Included in the survey were two large national servicers, two mid-sized Texas-based servicers, one large national lender, and one Texas-based "local" lender. These scenarios may not necessarily represent how every lender or servicer will or should respond and is intended to provide an awareness of how lenders and servicers will most likely respond. Processing details should be obtained directly from each lender or servicer.

Last update: May 26, 2000

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