New MPF® Program Servicing Aggregator Available
July 12, 2017
If you sell servicing as part of your participation in the Mortgage Partnership Finance® (MPF) Program, you have a new option. Capital Markets Cooperative (CMC) Funding, headquartered in Ponte Vedra Beach, Fla., joins Colonial Savings as another servicing released alternative for MPF Traditional products. CMC Funding’s offering expands the eligibility and seasoning of loans that may be sold servicing released, providing Participating Financial Institutions with greater flexibility to meet their secondary market needs.
If you’re interested in learning more about CMC Funding or would like to see their Servicing Released Premium schedule, contact our MPF department at 866.571.8171.
“Mortgage Partnership Finance” and “MPF” are registered trademarks of the Federal Home Loan Bank of Chicago.