 | | A Snapshot for Participating Financial Institutions | Spring 2016 | Mortgage Partnership Finance® (MPF®) Program |
There Is a Better Way: Batch Submission Boosts Efficiency and Accuracy
Every time you originate a loan, you record dozens of pieces of information on the borrower, the property, and the loan. To sell loans through the MPF® Program, PFIs must reenter each of those data points for every loan, taking care not to introduce mistakes in the process. Fortunately, it’s possible to submit multiple loans with minimal effort using the eMPF® website’s batch submission capability.
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| “A Great but Undertold Story”: A Conversation with Brad Meader and Dan Mahlum | After 11 years at the Federal Home Loan Bank of Des Moines, Brad Meader, Manager, Mortgage Products Group, is a veteran of the MPF® Program. His colleague, Dan Mahlum, just joined the Bank as Vice President/Director of Mortgage Programs on January 1, 2016, but he’s no rookie; he’s worked with the MPF Program since its inception. MPF in Focus recently spoke with Brad and Dan about their experience with the program, FHLB Des Moines’ recent merger with the Federal Home Loan Bank of Seattle, and the challenge of uniting two districts at very different stages of MPF Program adoption.
 |  | Brad Meader
Manager, Mortgage Products Group
FHLB Des Moines | Dan Mahlum
Vice President/Director of Mortgage Programs
FHLB Des Moines | |
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| Legal Notes | The MPF® Program continually reviews mortgage-related industry and legal developments. Below are links to recent developments for your reference. Please address any questions you have about these topics to your compliance team or legal counsel.
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| Upcoming Webinars: Not Just for Operations Anymore |  | Julie Schneider, AVP
National Education Manager
FHLB Chicago | Last year, approximately 3,200 individuals took advantage of the MPF® Program’s complimentary webinars. This year, National Education Manager Julie Schneider hopes that number will grow as offerings are expanded to include more resources for sales staff such as mortgage loan originators. “In the past, the webinars have been geared more toward operational staff—mortgage processors, underwriters, servicing personnel, those who work behind the scenes,” says Schneider. “Now we're looking to increase the number of participants who can benefit by focusing on what PFIs can do to increase their business.”
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| Spring 2016 National Conferences | |
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| Events |
View all of the upcoming events and webinars on our calendar.
› View Calendar | |
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FHLBC
200 East Randolph Drive
Chicago, IL 60601
Phone: (877) 463-6673
www.fhlbmpf.com |
New loan purchases available through the Federal Home Loan Banks of
Atlanta, Boston, Chicago, Dallas, Des Moines, New York, Pittsburgh, San Francisco, and Topeka. |
| Copyright 2016, Mortgage Partnership Finance Program. “Mortgage Partnership Finance,” “MPF,” “MPF Xtra,” and “eMPF” are registered trademarks of the Federal Home Loan Bank of Chicago. The “MPF Mortgage Partnership Finance” logo is a trademark of the Federal Home Loan Bank of Chicago. |
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This newsletter contains forward-looking statements which are based upon our current expectations and speak only as of the date hereof. These statements may use forward-looking terms, such as “anticipates,” “believes,” “expects,” “could,” “plans,” “estimates,” “may,” “should,” “will,” or their negatives or other variations on these terms. We caution that, by their nature, forward-looking statements involve risk or uncertainty, that actual results could differ materially from those expressed or implied in these forward-looking statements, and that actual events could affect the extent to which a particular objective, projection, estimate, or prediction is realized. These forward-looking statements involve risks and uncertainties including, but not limited to, the risk factors set forth in our periodic filings with the Securities and Exchange Commission, which are available on our website at www.fhlbc.com. We assume no obligation to update any forward-looking statements made in this newsletter. | We hope you enjoyed this email communication; however, if you would like to unsubscribe, please .
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