Common Contracts

Mortgage Partnership Finance® – Master Commitment

Master Commitment • March 29th, 2019

• Contract Type
  Master Commitment
• Filed
  March 29th, 2019

This agreement sets forth the terms and conditions of this MPF Xtra® product Master Commitment for Best Efforts Delivery Commitments (“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.