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Home » Store » News » MPF Volume Surges 260% in 1Q03

MPF Volume Surges 260% in 1Q03

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Thanks to its growing popularity and a very favorable mortgage market environment, the Federal Home Loan Banks’ Mortgage Partnership Finance program posted some impressive results in the first quarter of 2003. According to numbers released by the FHLBank of Chicago, a record-breaking $16.2 billion in MPF mortgages were funded or purchased in the first three months of this year. This represented a healthy 32.8 percent increase over the fourth quarter’s already strong volume and
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