Skip to main content

Compliance Coach identifies the red flags of fraud with new CompliancePal software

National Mortgage Professional
Jun 29, 2008

CUNA forms alliance with Freddie MacMortgagePress.comcredit unions, credit markets, mortgage products, outreach initiatives A critical 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 the Credit Union National Association (CUNA) and Freddie Mac. The alliance provides participating credit unions with a comprehensive set of technological services, mortgage products and correspondent lending, such as Freddie Mac's borrower outreach initiatives. "With the current economic climate, this renewed alliance ensures that credit unions will continue to have options to succeed in the mortgage lending market, including affordable lending solutions to meet the needs of low- to moderate-income borrowers," said Wes Millar, senior vice president of CUNA strategic services. "Extending our alliance with CUNA means participating credit unions can access a full range of correspondent mortgage lending services and competitive secondary market strategies without having to add staff or re-tool their systems," said Iliana Ghanem, vice president for community lending at Freddie Mac. 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 Home Possible mortgage suite and other low downpayment mortgages designed to help low- and moderate-income borrowers; 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, visit www.freddiemac.com or www.cuna.org.
Published
Jun 29, 2008
Federal Regulators Race To Address Cryptocurrency Risks

Cryptocurrency is quickly morphing into a volatile but widely embraced innovation, and federal regulators are racing to address the potential risks to consumers and the market. 

Industry News
Sep 24, 2021
MBA Initiative Seeks To Close Racial Homeownership Gap

Says its advocacy, partnerships & connections will help increase opportunities for minority borrowers

Industry News
Sep 24, 2021
Guaranteed Rate Opens New Branch In Southwestern Michigan

Guaranteed Rate expanded its presence in Southwester Michigan, after opening a new branch in St. Joseph

Industry News
Sep 22, 2021
Chinese Property Giant Evergrande Falters, Threatening U.S. Investors

On Monday, investors across three continents dumped their stocks, mainly out of fear that the world’s two largest governments — the United States and China — would undercut the beginnings of a global economic recovery. 

Industry News
Sep 22, 2021
Compass Mortgage Expands In Four Additional States

Compass Mortgage is now licensed in Virginia, Washington, North Carolina and South Carolina.

Industry News
Sep 22, 2021
Enact Holdings Completes IPO

Genworth Financial Inc. announced the completion of the initial public offering for its subsidiary Enact Holdings Inc.

Industry News
Sep 21, 2021