Freddie Mac and The Mortgage Collaborative have joined together to help the collaborative's members build better businesses and compete more effectively in the mortgage market, according to an announcement made at the Mortgage Bankers Association's 102nd Annual Convention and Expo in San Diego.
Per the agreement, Freddie Mac will provide The Mortgage Collaborative's members that are Freddie Mac seller/servicers with access to critical mortgage products, execution benefits, staff training opportunities and other services designed to facilitate the origination and delivery of high-quality mortgages to Freddie Mac.
‘Doing more business with small and midsize banks is a priority for us, so we're excited to join forces with The Mortgage Collaborative and provide its members with the products, solutions and the focused support needed to succeed in today's competitive mortgage market,’ says Chris Boyle, senior vice president of single-family sales and relationship management at Freddie Mac.