Las Vegas real estate, mortgage, appraisal blog

February 25th, 2008 1:23 PM

At the ABA’s Real Estate Lending Conference and Marketplace it was announced that the American Bankers Association’s subsidiary ABA Total Solutions is extending and enhancing the alliance with Freddie Mac in order to provide community banks with new critical mortgage products, staff training, technology tools and services essential for competing in today’s troubled mortgage market.

"Today's announcement with the ABA will accommodate its members' changing needs with a proven package of business services and residential financing options," said Iliana Ghanem, Freddie Mac vice president for regional and community lending. "We are proud of our relationship with the ABA and our commitment to provide its members with a higher level of support in today's challenging market."

"We are pleased to extend and enhance our agreement with Freddie Mac," said Deborah Whiteside, senior vice president mortgage solutions, ABA Total Business Solutions. "Community bankers are currently the most stable source of funding for mortgages in the country. The Freddie Mac alliance helps them stay competitive in their markets."

Joining the Freddie Mac/ABA Alliance gives access to competitive cash executions, services to help manage mortgage portfolios in a more efficient way and exclusive training on the many Freddie Mac products and solutions, in the areas of technology and keeping housing affordable especially. You can read more about all of this on the Freddie Mac website.


Posted by Leah Barr on February 25th, 2008 1:23 PMPost a Comment (0)

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