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Contact:  Freddie Mac's special CUNA Alliance hotline at (866) 220-2074
Website: http://www.freddiemac.com/singlefamily/cuna.html

Freddie Mac/CUNA Alliance Can Help You Prepare for a Changing Market

The recent slowdown of refinance activity has credit unions and other lenders looking for new solutions to grow their mortgage businesses and keep members with them as the market begins to shift to purchase transactions. As part of your strategy for mortgage originations, right now is a great time to get on board with the Freddie Mac/CUNA Alliance. Whether you're looking for mortgage products, technology advantages, or portfolio strategy options, we have a variety of offerings through the alliance to help credit unions like you compete.

The alliance between CUNA and Freddie Mac gives you access to the products you need to assist a wide range of members in every financial circumstance, with a variety of choices, including:

Streamlined refinance options that save you and your members time as you manage the last of your refinance wave.
Construction to permanent mortgages, with advantages that make it easier to provide financing for new home construction.
Modified and converted mortgage solutions, with special provisions as part of the alliance value package.
Seasoned mortgage sales, with advantages and flexible requirements.

You can better serve your current members and even gain new members by taking advantage of the Mortgagebot with Loan Prospector® offering. With this solution, you can brand and control your own consumer-based web site without having to develop or maintain it yourself. Your site can help you attract new members and keep more members with you by providing information at their fingertips when they're searching the Web for their best mortgage options.

As interest rates gradually rise this year, mortgage portfolio strategy and sale solutions, available through the alliance, can help you assess what you have in your portfolio and what you should sell into the secondary market when:

Rates rise, and your interest-rate risk exposure rises with them.
You're holding on to a lot of one type of mortgage-from one geographic market-and hoping that both your local economy and interest rates stay where you want them.
You need to restructure your balance sheet to reduce loan-to-share ratios, adjust your asset/liability match or restructure your holdings.

The market is constantly shifting, but your mortgage portfolio risks and rewards remain all year. The alliance portfolio options can help you position your portfolio for future growth throughout the year and maximize your profitability every day.

Find out more about these offerings and how other Freddie Mac/CUNA Alliance advantage can be part of your strategy to move forward this year and beyond. We have a variety of offerings created just for credit unions like you.

If you have more questions, contact a Freddie Mac representative through Freddie Mac's special CUNA Alliance hotline listed above.

 

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