Federal Home Loan Banks’ Mortgage Partnership Finance Program Offers Free AllRegs Training

June 28, 2012 - PRLog -- Eagan, Minn. The Mortgage Partnership Finance (MPF®) Program recently announced that it will offer Participating Financial Institutions (PFIs) free mortgage industry training through AllRegs, the leading information provider in the mortgage industry. Through the MPF Program Training Curriculum, employees of PFIs will be able to access, free of charge, 26 online, self-paced AllRegs Academy courses designed to expand their knowledge of the mortgage industry.

“Professional development opportunities are vital to staying on top of industry changes, and we couldn’t be happier to provide our PFIs this valuable training, developed and delivered by AllRegs, at no cost to our member institutions,” said Jennifer Burlison, Senior Vice President, MPF National Marketing Director. “We at the MPF Program are excited to offer our PFIs online training that will further their industry knowledge and enhance their day-to-day skill sets.”

The AllRegs Academy curriculum covers topics such as appraisal, closing, compliance, origination, processing, quality control, servicing and underwriting. After completing a certain number of the courses, students will be eligible to receive an achievement certificate from AllRegs.

“The MPF Program Training Curriculum will provide PFI employees with course content that will impact their daily activities, including topics such as Fair Lending, the HUD-1, HMDA, TILA, Debt Collection Practices, and much more,” said Dan Thoms, Executive Vice President of AllRegs. “We are proud to work with the MPF Program and to have the opportunity to train their PFIs on core mortgage industry content.”

Employees of PFIs are encouraged to take advantage of this free training resource being made available by the MPF Program. To request access to the MPF Program Training Curriculum, visit the MPF® Program Training Curriculum Registration Page (click here: http://answers.allregs.com/PFI-training-request). Space is limited; register today.

To participate in the MPF Program, a financial institution must be a member of an FHLBank that offers the MPF Program and is a PFI. Currently, new loan purchases under the MPF Program are available through the following FHLBanks: Boston, Chicago, Des Moines, New York, Pittsburgh and Topeka.

For more information about other training opportunities offered by the MPF Program, visit  http://www.fhlbmpf.com/, click on MPF Education (left margin) and click on Webinar Training Calendar. You can also visit your local Federal Home Loan Bank website for additional scheduled training.

For general questions about the MPF Program, please call the MPF Customer Support Desk at (877) INFO-MPF (877-463-6673) or visit us at www.fhlbmpf.com.

For more information about AllRegs or AllRegs Academy, visit www.allregs.com or contact AllRegs at (800) 848-4904, Monday through Friday, between the hours of 8:00 a.m. and 6:00 p.m. CT.


About the MPF Program and the FHLBank System
Since 1997, when the MPF Program was created, it has helped more than 1,200 financial institutions fund more than 1 million loans for families across America to purchase new homes or lower the cost of their existing homes.

The U.S. Congress created the FHLBank System in 1932. The System comprises 12 FHLBanks across the country. Each FHLBank is cooperatively owned by member financial institutions and managed by its own Board of Directors.

“Mortgage Partnership Finance” and “MPF” are registered trademarks of the Federal Home Loan Bank of Chicago. The “MPF Mortgage Partnership Finance” logo is a trademark of the Federal Home Loan Bank of Chicago.


About AllRegs
First introduced in 1989, AllRegs is used by virtually all of the top 100 lenders as well as throughout numerous governmental agencies, including Fannie Mae, Freddie Mac, the FHLBs, FHA, VA, RHS, Ginnie Mae, and more. AllRegs is the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer Guides and The Federal Home Loan Banks’ MPF Program Guidelines. Products include single and multifamily underwriting & insuring guidelines as well as federal compliance laws and regulations, state compliance laws and regulations with plain-language analyses, contract publishing services, policy manuals and a library of historical guidelines. The educational division, AllRegs Academy, offers virtual and live training, as well as designation and practical guides. The Professional Services Group develops custom guides, policy manuals and other documents on a contract basis. For more information, call (800) 848-4904 or go to http://www.allregsmortgage.com/.