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Mortgage Partnership Finance® Program (MPF®) and Concurrent Sale of Servicing

Community banks interested in selling their mortgages servicing-released through the Federal Home Loan Bank's Mortgage Partnership Finance® Program can concurrently sell the servicing to Colonial Savings at the time of closing. This option provides a competitive servicing-released premium in addition to an excellent up-front price and superior income stream obtained by all MPF® participating financial institutions.

Servicing Released Premium Schedules:
  • Conventional (Effective for commitments on or after 7/1/2014)
  • Government (Effective for commitments on or after 7/1/2014)



Click on MANUAL to access the MPF® website and the Concurrent Servicing Sale Manual.
Manual
Toll Free Number 877-878-4133
E-mail: recordservices@colonialsavings.com

"Mortgage Partnership Finance" and "MPF" are registered trademarks of the Federal Home Loan Bank of Chicago.