FHLB Dallas members that become Participating Financial Institutions (PFIs) may gain opportunities to sell certain fixed-rate, conforming mortgage loans into the secondary market via FHLB Dallas' Mortgage Partnership Finance®(MPF®) Program. PFIs that participate in the MPF Program maintain control of customer relationships through the various options to retain servicing.
MPF Program Offers the Following Benefits to PFIs
- Fixed-rate residential mortgage loans offered to borrowers
- Access to the secondary market
- Mandatory and best efforts pricing options available
- Option to retain servicing or sell servicing for a premium
- The ability to transfer interest rate and prepayment risks typically associated with holding long-term, single-family mortgage loans to the investor
- Single loan or bulk delivery
- Next-day funding
Thank you for choosing FHLB Dallas and the MPF Program.
Mortgage Partnership Finance® - Arkansas Federal Credit Union
Watch how Arkansas Federal Credit Union builds bridges with its members through the MPF Program.
