Freddie
Mac
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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