| A Snapshot for Participating Financial Institutions | Fall 2016 | Mortgage Partnership Finance® (MPF®) Program |
Take a New Look at MPF Xtra® Servicing Released With a Second Servicer Option and New Process Enhancements, It’s More Attractive Than Ever Whether you’re currently selling servicing released under MPF Xtra or you’re still considering it, recent changes to the product are worth a second look: On September 21, we introduced an additional servicer option, creating a competitive marketplace where PFIs can choose the buyer that’s right for them. We’ve also streamlined the transfer of funds and data, making the servicing released alternative easier to choose and use. This is the MPF Program’s first step toward adding more servicing released options under our products, as part of our larger goal to provide PFIs the competitive pricing, execution, and overall experience they want. Read More |
The New eMPF® | It’s Modern, Streamlined, and Simple to Use This November, the MPF® Program will introduce a redesign of its transaction site, refreshing its look and feel, making it easier to use, and taking advantage of technological advances. Read More |
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Reminder: Are You Ready for the MPF Xtra® 2017 Investor Reporting Changes? | Fannie Mae is updating its single-family investor reporting requirements for MPF Xtra, effective February 2017. Read More |
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Offering PFIs a Better Option: A Conversation with FHLBank Dallas’ Lee Cammerer | | Lee Cammerer, Mortgage Partnership Finance Manager, FHLBank Dallas | The Federal Home Loan Bank of Dallas introduced the Mortgage Partnership Finance® (MPF®) Program in 2013, right around the time Lee Cammerer joined the Bank as Mortgage Partnership Finance Manager. MPF in Focus recently spoke with Lee about what it’s been like to establish the program, and why its value is unique. Read More |
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MPF® Direct: Jumbos Just Got Bigger | Product Enhancements Give PFIs More Options and Versatility When Selling Jumbo Loans The MPF Direct product now has even more to offer PFIs who want to sell jumbo residential mortgages into the secondary market. As of August 2016, MPF Direct has expanded to include two loan eligibility options—MPF Direct SelectQM and MPF Direct ChoiceQM—aligning the product with the investor’s full range of offerings for QM jumbo mortgages. Read More |
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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. Read More |
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Follow Us on LinkedIn | The MPF Program has a new LinkedIn page—Mortgage Partnership Finance Program—where we will post news and announcements. Click on the LinkedIn icon, then on the yellow “Follow” button in the top-right corner of the page. |
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Q42016–Q1 2017 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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