Fannie Mae Approves the MPF Program to Expand Native American Lending on Tribal Trust Lands
November 07, 2024
November 07, 2024
WASHINGTON, Nov. 7 -- Fannie Mae issued the following news release:
Fannie Mae (FNMA/OTCQB) today announced that it has approved the Mortgage Partnership Finance(r) (MPF (r)) Program, administered by the Federal Home Loan Bank of Chicago on behalf of six Federal Home Loan Banks, to sell loans made to Native Americans and secured by tribal trust lands under the company's Native American Conventional Lending Initiative (NACLI) program. This initial step will support Fannie Mae's ongoi . . .
Fannie Mae (FNMA/OTCQB) today announced that it has approved the Mortgage Partnership Finance(r) (MPF (r)) Program, administered by the Federal Home Loan Bank of Chicago on behalf of six Federal Home Loan Banks, to sell loans made to Native Americans and secured by tribal trust lands under the company's Native American Conventional Lending Initiative (NACLI) program. This initial step will support Fannie Mae's ongoi . . .