I had some of the same troubles when I was first trying to bring it up and online. The CPU Speed and Voltages are pretty standard and MBM will match them them up naturally with the actual components. CF will do the same when searching the monitored devices in MBM. On the fans however, I had to first tell MBM what is what. When you are at the Fans section of the Settings section in MBM, you'll notice some drop down boxes to the right of the window. If you do not see them right away, click on the button in the MBM window that says "Visual." MBM has its default listings like Fan1, Fan2, etc... What you'll have to do is tell MBM which of those listings (Fan1, Fan2, etc...) correspond to the Fans that are actually monitored by your motherboard.
For example, I have an ASUS mobo. In MBM it will list Fan1 and under the Fan1 drop-down, you'll see another drop-down box. From that list I had to select ASUS-1 (which was my CPU HSF) and click apply) Fan1 in MBM was then reading ASUS-1 (A.K.A. CPU HSF). I had to do that for each of my fans monitored by the mobo.
Hope this helps...good luck