Tuesday, October 26, 2010

Fannie Mae Cuts Deal For Credit Unions

Credit Union National Association (CUNA) members in the secondary mortgage market will be eligible to receive special member pricing for whole-loan sales to Fannie Mae.

According to CUNA Strategic Services, which is jointly owned by CUNA and state credit union leagues, CUNA members will also be able to license and submit loans to Fannie Mae's Desktop Underwriter and receive Fannie Mae training at a discount.

SOURCE: CUNA Strategic Services