MPF® Benefits

More than 70 HLB member institutions are approved to do business under the MPF Program, with more joining each day -- commercial banks, savings banks and credit unions. These institutions have sold over 25,000 residential mortgage loans into the program, totaling more than $3 billion. There is no minimum amount of loans you need to deliver to take advantage of these benefits.

  • Some of the benefits offered include:
  • Access to the secondary market with competitive upfront pricing
  • Elimination of guarantee fees, adverse market fees, and loan level price adjustments
  • Transfer interest rate and prepayment risks to the HLB
  • Additional fee income earned for assuming a portion of the credit risk and for servicing the loans
  • Choice of two product options, depending on your risk tolerance
  • No minimum amount of loan deliveries required for participation
  • Free web-based training programs and access to a dedicated customer service staff
  • Convenient electronic transaction processing through the eMPF® website

If you are ready to take advantage of these and other great opportunities offered by the MPF Program, call your MPF Representative at (212) 441-6710 or (212) 441-6712.

Free MPF Workshops

June 20
Putting the Pieces Together - 4 C's of Mortgages

June 25
Investor Reporting

› View all workshops

MPF Connection

Volume 7 | Issue 16
Watertown Saving Bank – 7 Years and Still Thrilled with the MPF Program

Quick Links

MPF Fact Sheet

Need More Information?

Visit the MPF Website.