Common Contracts
1 similar Master Commitment contracts
MORTGAGE PARTNERSHIP FINANCE® – MASTER COMMITMENTMaster Commitment • January 29th, 2019
This agreement sets forth the terms and conditions of this MPF Xtra product Master Commitment (“MPF Xtra MC”) made by the undersigned Participating Financial Institution (“PFI”) to the Federal Home Loan Bank (“Bank”) pursuant to the Participating Financial Institution Agreement, as amended by the MPF Xtra Addendum (collectively, the “PFI Agreement”), the Guides and MPF Xtra Guide that form a contract between the PFI and the Bank. The MPF Xtra product is an MPF® mortgage product, the terms of which are set forth in the MPF Xtra Addendum and MPF Xtra Guide. Because the MPF Xtra Guide controls in the event of any conflict with the Guides, the PFI should refer first to the MPF Xtra Guide for direction and then to the Guides when determining the PFI’s obligations with respect to the Mortgages delivered under this MPF Xtra MC. Further the MPF Xtra Addendum provides for this MPF Xtra MC to be assigned by the Bank to the MPF Provider which the PFI acknowledges by signing below.
