Mortgage Partnership Finance® Program

The Mortgage Partnership Finance® Program gives our members access to the secondary  market.

As an MPF® Program provider, we believe all financial institutions, no matter their size, should have equal access to secondary market opportunities. FHLBank San Francisco member financial institutions can increase competitiveness, enhance relationships with borrowers and communities, and reduce interest rate interest risk by participating in the MPF® Program.

For more information, visit our MPF® Program website or contact the MPF® team at (415) 616-3799.

Benefit

MPF Original

MPF Xtra®

MPF Government MBS

Sell conventional conforming mortgage loans

X

X

 

Sell government loans

X

 

X

Obtain competitive execution

X

X

X

Avoid loan level price adjustments

X

 

 

Retain credit risk and earn credit enhancement fee income

X

 

 

Transfer credit risk of loans you originate

 

X

X

Retain servicing to preserve customer relationships and servicing fee income

X

X

X

Sell loans servicing released to earn income upfront

X

X

X

 

“Mortgage Partnership Finance,” “MPF,” and “MPF Xtra” are registered trademarks of the Federal Home Loan Bank of Chicago.