Freddie Mac has announced a new relationship with the Lenders One® Mortgage Cooperative, giving Lenders One members who are Freddie Mac Seller/Servicers pricing and execution benefits, enhanced access to mortgage products, and professional training and development opportunities.
This new relationship provides preferential pricing and professional development benefits to Lenders One Members.
Freddie Mac announced a new relationship with the Lenders One® Mortgage Cooperative, a national alliance of independent mortgage bankers, correspondent lenders, and suppliers of mortgage products and services based in St. Louis, Missouri. Freddie Mac finances an estimated one-in-four residential mortgages in the United States.
The new alliance will give Lenders One members who are Freddie Mac Seller/Servicers pricing and execution benefits, enhanced access to mortgage products, and professional training and development opportunities.
“Freddie Mac is pleased to team up with Lenders One and help its members reach more eligible borrowers, achieve new efficiencies in the origination process, and build strong, competitive businesses,” said Chris Boyle, Senior Vice President of Single Family Sales and Relationship Management, Freddie Mac. “We look forward to working with Lenders One’s leadership and members to achieve our shared commitment to help America’s working families become successful long-term homeowners.”
“We are committed to forming valuable alliances for our members,” said Daniel Goldman, Interim Chief Executive Officer, Lenders One. “This relationship enables us to further support our members in growing originations and gives them additional opportunities to increase engagement in the increasingly dynamic housing market.”
Freddie Mac was established by Congress in 1970 to provide liquidity, stability, and affordability to the nation’s residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today, Freddie Mac is making homes possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing.
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Author bio: Brian Kline has been investing in real estate for more than 35 years and writing about real estate investing for seven years. He also draws upon 35 plus years of business experience including 12 years as a manager at Boeing Aircraft Company. Brian currently lives at Lake Cushman, Washington. A vacation destination, a few short miles from a national forest. In the Olympic Mountains with the Pacific Ocean a couple of miles in the opposite direction.