New Mortgage Purchase Master Agreement
With the help of our lender partners, CalHFA has prepared a new Mortgage Purchase Master Agreement (MPMA) to replace the current Mortgage Purchase & Servicing Agreement (MP&SA). This MPMA reflects how CalHFA conducts its origination and purchase process today.
All lenders are required to execute this new MPMA by December 31, 2018. Lenders failing to submit a new executed MPMA by the end of 2018 will be subject to suspension of originating CalHFA loans. See the attached bulletin for more details.
Thank you for your continued partnership with CalHFA.