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Parkside Lending has announced that its CEO, Matthew Ostrander, has accepted an invitation to join the Independent Mortgage Bankers Advisory Board (IMBAB). This new board, which was created by Freddie Mac and the Mortgage Bankers Association, will advise Freddie Mac of the implications that policy decisions, product development, and industry oversight and challenges have upon independent mortgage bankers.
"I am honored to have been chosen to sit on the Board and hope to bring Parkside Lending's 'power of caring' to each discussion," Ostrander said. "The advisory nature of this Board will provide significant value to our industry. I look forward to helping IMBAB provide Freddie Mac with insight into the needs and interests of independent mortgage bankers."
Ostrander co-founded Parkside Lending in 2004. He and his management team successfully navigated the mortgage deterioration of 2007-08, and have grown the company to become a well-known national wholesale lending platform.