Expand Your Education with These Courses from
Negotiating Skills: Skills for Sales Success: Part Six.
Customer Relationship Building: Skills for Sales Success: Part Seven.
Accredited Buyer's Representative.
BPOs: The Agent's Role in the Valuation Process.
Bundle 2: CIPS Elective Courses (US Version).

Freddie Mac/CUNA Renew Alliance Supporting Mortgage Lending Options for Credit Union Members

Have a comment on this article? Share on Facebook!

RISMedia, June 17, 2011—A comprehensive package of services to help credit unions manage their mortgage business in today’s distressed credit markets will remain available through the renewed alliance agreement between CUNA and Freddie Mac (OTC Bulletin Board: FMCC), one of the nation’s largest investors in residential mortgages.

The alliance provides participating credit unions with a comprehensive set of technological services, mortgage products, and correspondent lending, including Freddie Mac borrower outreach initiatives.

“This renewed alliance ensures that, even in this challenging mortgage environment, CUNA member credit unions will have a package of products and services that can help their members with affordable lending solutions,” says Wes Millar, senior vice president of CUNA Strategic Services.

The Freddie Mac/CUNA alliance provides:

• Expanding execution and mortgage product options: cash sale advantages on a wide variety of mortgages available through Freddie Mac’s Single-Family Seller/Servicer Guide;

• Customized learning opportunities: assistance and training on Freddie Mac’s CreditSmart®, Get the Facts on Homeownership, Workforce Home Benefit(SM) and other outreach tools designed to reach first-time homebuyers and low- and moderate-income homebuyers; and

• Technological advantages: including Freddie Mac’s Loan Prospector automated underwriting service and a Mortgagebot with Loan Prospector business-to-consumer Web site for online mortgage lending.

For more information on the CUNA/Freddie Mac alliance, call the alliance hotline For more information, visit cunastrategicservices.com; for more about credit unions, see www.aSmarterchoice.org.

Have a comment on this article? Share on Facebook!

Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>