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<a href="http://www.accessmylibrary.com/coms2/summary_0286-27200014_ITM" title="Facts and information about Prepay Worries Fuel MPF Growth.(Federal Home Loan Bank of Chicago says its Mortgage Partnership Finance program still growing)(Brief Article)(Statistical Data Included)">Prepay Worries Fuel MPF Growth.(Federal Home Loan Bank of Chicago says its Mortgage Partnership Finance program still growing)(Brief Article)(Statistical Data Included)</a>
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Prepay Worries Fuel MPF Growth.(Federal Home Loan Bank of Chicago says its Mortgage Partnership Finance program still growing)(Brief Article)(Statistical Data Included)
Despite heavy refinancing, the Federal Home Loan Bank of Chicago reports that the volume of outstanding loans held by its Mortgage Partnership Finance program continues to grow.
Outstanding MPF loans totaled $21 billion as of Sept. 30, up 14.2% from the end of the second quarter.
Outstanding MPF loans were growing at an annualized rate of 48% in the third quarter, the Chicago FHLB said.
Since its beginning in 1997, the MPF has funded more than $26 billion of mortgage loans.
"The MPF Program allows FHLB members to solve the ...
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