MPF Direct | Your New Outlet for Jumbo Loans
March 5, 2018
We are pleased to announce a new addition to the Mortgage Partnership Finance® (MPF) Program product suite – MPF Direct. The new product option gives you access to private capital when you sell your conventional fixed-rate and Hybrid ARM mortgages up to $2.5 million into the MPF Program. MPF Direct creates a partnership with Redwood Residential Acquisition Corporation, a real estate investment trust. You can now maintain control of the underwriting process, keep the relationship with your customer and receive attractive pricing through MPF Direct. With no retained credit risk on loans sold under MPF Direct, you will have no risk-based capital or credit risk collateral requirements.