SAN FRANCISCO – Tempe Schools CU, the first Arizona-based credit union to sign up for the Federal Home Loan Bank of San Francisco's Mortgage Partnership Finance program, joins three other credit unions that have been approved to sell loans to the FHLBank San Francisco. FHLBank San Francisco's Mortgage Partnership Finance (MPF) program provides members an alternative to holding fixed rate residential mortgage loans in their portfolio or selling them into the secondary market. Eligible loans include 15-, 20-, and 30-year conventional conforming fixed rate mortgages and 15- and 30-year VA fixed rate mortgages on single-family residential properties. Participating Financial Institutions that sell loans to FHLBank San Francisco through the MPF Program share in the credit risk of the loans and are compensated for taking on that risk through a credit enhancement fee. FHLBank San Francisco takes on the interest rate and prepayment risks of the loans it purchases. It does not charge a guarantee fee. Three other California-based credit unions participate in the MPF program through FHLBank San Francisco.