The American Bankers Association (ABA), through its subsidiary ABA Total Business Solutions, and Freddie Mac are extending and enhancing their alliance to provide the nation's community banks with critical mortgage products, technology tools, staff training and other services.
‘Community bankers are currently the most stable source of funding for mortgages in the country,’ notes Deborah Whiteside, senior vice president of mortgage solutions at ABA Total Business Solutions. ‘The Freddie Mac alliance helps them stay competitive in their markets.’
According to the companies, by joining the Freddie Mac/ABA Alliance, banks gain competitive cash executions, services to help them manage their mortgage portfolios more efficiently – plus exclusive training sessions on many Freddie Mac products and solutions, especially in the areas of technology and affordable housing.