Freddie Mac Partners With MBA on New Membership Benefits – NMP Skip to main content

Freddie Mac Partners With MBA on New Membership Benefits

National Mortgage Professional
Oct 21, 2015

The Mortgage Bankers Association (MBA) and Freddie Mac have announced an alliance to offer MBA members a series of quality benefits and solutions designed to add value in today’s market. Through this partnership, eligible-MBA members will gain access to special mortgage product flexibilities and enhanced training benefits. 

“Today’s announcement is the start of a promising new chapter in our long relationship with the MBA," said David Lowman, executive vice president of the Single-Family Division, Freddie Mac. "This partnership will create an extraordinary opportunity for Freddie Mac to engage MBA’s members in ways that benefit their businesses and strengthen the housing finance system.”

The Freddie Mac/MBA alliance will provide MBA members with committed Freddie Mac support, including a dedicated customer service line and account coverage, along with special product flexibilities and community outreach opportunities to help members reach more qualified homebuyers and reduce their bottom lines.

Additional benefits include access and discounts to Freddie Mac’s expansive educational and training courses, including MBA-member only Webinars on an array of topics most relevant to members in the changing market. Freddie Mac also offers a variety of tools and capabilities to support MBA members in the origination process, including Loan Prospector and Loan Quality Advisor. With the alliance, MBA members will now be eligible to become a Freddie Mac Seller/Servicer at a reduced application rate and with dedicated support through the application process.

"MBA is proud to be partnering with Freddie Mac in order to offer new benefits and services to our member companies," said David H. Stevens, president and CEO of the MBA. "We believe this will create cost-savings for them and give them access to first-rate opportunities as a direct result.”

Published
Oct 21, 2015
Manufactured Housing: The New Affordable Alternative

While the housing market is grappling with widespread affordability and supply, manufactured homes are gaining ground as a new alternative. 

Industry News
Dec 03, 2021
Angel Oak Home Loans Opens 3 New Branches

Continues expansion in Western U.S. with new branches in California, Nevada & Utah.

Industry News
Dec 02, 2021
Open Mortgage Names New President

Joe Stephenson, formerly of American Advisors Group, to lead daily operations.

Industry News
Dec 01, 2021
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021