MPF GUIDELINES AVAILABLE ONLINE.
THE FEDERAL HOME LOAN BANK OF CHICAgo has announced that through an
exclusive agreement with Eagan, Minnesota-based AllRegs, mortgage
lenders participating in the Federal Home Loan Banks' (FHLB)
Mortgage Partnership Finance[R] (MPF) program now have access to the MPF
Origination and Servicing Guides via the Internet. Notifications of
guideline changes and MPF marketing bulletins also will be available on
the site, located at www.allregs.com. AllRegs provides e-mail
notification of changes to users in addition to daily updates. The MPF
program gives mortgage lenders an alternative to selling fixed-rate,
conventional and government-guaranteed loans in the secondary mortgage
market. It is currently offered to member banks, thrifts, credit unions
and insurance companies in 10 of the 12 FHLB districts.