Operational Resources

Comprehensive manual for MPF products with CMC Funding as the servicer.

Comprehensive manual for MPF products with CMC Funding as the servicer.

Comprehensive manual for MPF products with Colonial Savings as the servicer.

Registration information for reporting loan data to the four major credit bureaus: Innovis Data Solutions, Equifax, Experian, and TransUnion.

Explanation of the custodial reports available on eMPF. You should review these reports to ensure there are no outstanding custody package deliveries and/or exceptions.

Report showing the standard file layout. It can also be found in the MPF Servicing Guide, Exhibit B.

This document details how to request log-in credentials, upload documents and monitor your QC pipeline.

Comprehensive manual for MPF products with Iowa Bankers Mortgage Corporation (IBMC) as the servicer.

Servicing Released Premium (SRP) schedule.

This document shows how to register with the IRS to order tax transcripts.

Tips for completing your Master Commitment.

Informational guide that covers the benefits, processes and FAQs related to the MERS System.

Instructions for completing the MERS application process online.

Comprehensive guide for the MPF Program.

Description of the MPF products offered by FHLB Des Moines highlighting product benefits and comparisons.

A report explaining your financial obligation in the event of a loan default.

A reference tool for AUS (DU and LP) processed loans. It is a summary of underwriting comparisons and is not intended to replace the MPF Guides.

Helpful instructions for registering and accessing MPF University online training.

MPF Xtra 3D is an MPF Xtra product option which provides down payment and closing cost assistance for creditworthy borrowers. This document provides answers to many of your frequently asked questions.

Form providing helpful tips regarding how to read the FHLB Des Moines opening rate sheets.

Product and Pricing Engines (PPE) are tools used to enhance your lending strategy and operations. Utilizing a PPE can assist you with product eligibility information and pricing to best meet the needs of your customer and improve profitability. Please consider these additional pricing factors when setting us up as an investor.

An overview of the turnaround reporting process, including sample reports, troubleshooting tips and important dates.

Presentation on UCD Requirements for MPF Xtra Loans, Last updated 9/12/2017.

A guide to reporting under BASEL III for the MPF Program.

Community Bank Leverage Ratio and the MPF Program.

Accounting for the MPF Program and Credit Enhancement.

Accounting and regulatory guidance for the MPF Program.

Avery 8163 label template for use on the custodial file.

Sample Gift Letter to help develop your own in-house gift letter. Be sure you also always meet the gift fund requirements of the MPF Underwriting Guide Chapter 4.7.4.

Contains information for the Additional Information File & Credit Enhancement Estimator File.

A resource to assist you in the loan origination process by calculating the expiration dates of documents based on information input into the worksheet.

Spreadsheet for handling exceptions within the MPF Program.

Sign up to receive our daily MPF rates email.

Manage roles and authorities for the MPF Program.

Use this checklist when submitting loans for Quality Control (QC) review.

Use this checklist when submitting loans for Quality Control (QC) review.

Worksheet contains all the information required when you call into the service center to take down a Best Efforts Delivery Commitment.

This tool can be used to help identify which LLPAs are applicable.

Use this checklist when submitting loans for Quality Control (QC) review.

This is a list of contacts who will assist you with your MPF questions.

eAdvantage is a secure, online site where FHLB Des Moines members can view statements and reports, monitor account balances, advances, capital stock, collateral and safekeeping portfolios.

The eMPF website is a secure transaction portal available to authorized users of member institutions participating in the MPF Program.

Our member financial institutions have access to grant funds to provide down payment and closing cost assistance to income eligible owner-occupant households. Visit this link for more information.

The Governance and Control Assurance Program (GCAP) oversees how the Bank manages risks associated with technology and vendor relationships; members and other business partners can access our GCAP document which covers the majority of areas addressed in an SSAE18 report.

Through our partnership with the Mortgage Bankers Association (MBA), Participating Financial Institutions are welcome to take advantage of over 100 free, on-demand MBA courses.

On-demand training video on MPF Program loan eligibility requirements to help determine the best solution for your loans.

An overview of how to comply with the MPF Program's pre- and post-closing loan quality control requirements. Also includes a description of the separate MPF Program-Level QC process.

This webinar specifically addresses some of the eligibility and underwriting guidelines for the MPF Traditional product. Topics to be discussed include determining LTV/CLTV limits, subordinate financing, required borrower funds, gifts, eligible property types, DTI calculations, credit, and much more. This is an opportunity for those who may be new to the MPF Traditional product to learn about the many eligibility factors and experienced participants to sharpen their guideline expertise. All experience levels are welcome.

An explanation of the unique risk sharing structure of the MPF Original and 125 products, including the additional fee income PFIs receive for sharing in the credit risk of MPF loans.

An overview to help loan processors move the borrower and lender from initial application to an underwriting-ready fully documented file.

This webinar builds on the Underwriting Basics series with more complex underwriting scenarios and types of analysis.

Part 1 of a 2-part webinar focused on basic secondary market underwriting requirements and approaches.

Part 2 of a 2-part webinar focused on basic secondary market underwriting requirements and approaches.