Empowering Families with Homeownership
In 2007, the Mortgage Partnership Finance® Program celebrated its 10th year of empowering families through homeownership. To date, the MPF® Program has helped hundreds of thousands of families, many in low and moderate income areas, to buy homes or lower the cost of their existing homes.

Products to Suit Your Needs
A variety of MPF products have been developed that enable mortgage lenders of all types and sizes to take advantage of the risk-sharing structure of the MPF Program. Hundreds of community banks, thrifts, and other mortgage lenders across the country have realized the benefits of teaming up with their district FHLB to access the secondary mortgage market.

A Unique Partnership
By combining the retail expertise of community lenders with the wholesale advantages of an FHLB, the MPF Program fosters a unique partnership resulting in an efficient method of financing mortgage loans. With the MPF Program, mortgage lenders continue to manage all aspects of their customer relationships, and in exchange for managing the credit risk of the loans they originate, lenders are paid credit enhancement fees.

Participating Financial Institutions have MPF Power
Member banks participating in the MPF Program benefit, because:

• Mortgage risks are optimally shared through a unique partnership combining the retail credit expertise of a local mortgage lender with the wholesale advantages of an FHLB. Each party manages what it does best.



• Credit risk is dispersed among hundreds of community-based lenders throughout the country.



• The MPF Program allows lenders to control the underwriting process. Loans are delivered under the MPF Program only if the lender decides to share the credit risk of its customer.



• Community lenders gain access to the secondary market, since pool sizes are designed to benefit housing finance institutions of all sizes.



• The MPF Program has directly helped thousands of families across America to purchase new homes or lowers the cost of their existing homes, furthering the mission of the FHLBs and their members.