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.
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|Article Type:||Brief Article|
|Date:||Jul 1, 2001|
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