Publication Date: July 25, 2008
Author: Lawrence A. Warder, Acting Chief Operating Officer, Federal Student Aid
Summary: Revised Loan Purchase Agreements
Posted on 07-25-2008
Included as attachments to this memo are revised copies of the Master Participation Agreement (MPA) and the Master Loan Sales Agreement (MLSA). These agreements must be executed by FFEL Program lenders who wish to participate in one or both of the Loan Purchase Programs. Earlier versions of the agreements were posted on July 10, 2008.
We want to thank those members of the FFEL community who suggested some of these changes and we look forward to working with the entire community to implement these important programs.