The MPF Program offers a variety of product structures to accommodate different lender preferences and risk.
Available Products
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MPF Original - lets you originate, sell, and service fixed-rate, residential mortgage loans receive a credit enhancement fee based on the performance of the loans.
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MPF Original – Credit Enhancement Upfront– offers the same features as MPF Original but allows members to take the CE fee compensation upfront instead of over the life of sold loans
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MPF 125 - offers you the ability to originate, sell, and service fixed-rate, conventional residential mortgage loans and receive a credit enhancement (CE) fee for sharing the credit risk.
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MPF Government - allows you to sell fixed-rate mortgage loans that are insured or guaranteed by government agencies.
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MPF Government Mortgage-backed Securities (MBS) - purchases your government loans and then aggregates and pools them into securities guaranteed by the Government National Mortgage Association.
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MPF Xtra - offers you the option to sell fixed-rate, conforming loans into the secondary market without retaining the credit risk.
- MPF Direct - offered you the option to originate and sell your jumbo loans (The MPF Program has currently suspended its jumbo loan offering.)