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The Federal Home Loan Banks Mortgage Partnership Finance program funded $72.1 billion of loans last year, up 158% from the year before.
The FHLBank of Chicago, which coordinates the MPF program, also said that 707 FHLB member financial institutions are approved to fund MPF loans, a gain of 62% from the end of 2002.
Total MPF assets grew 108% last year to $86.7 billion. The Chicago FHLBank said the growth was primarily driven by conventional loans, reporting that the balance of conventional loans ...