GAINESVILLE, Fla. – Campus USA CU has implemented LenderLive Network’s web-based mortgage underwriting system to help it meet the underwriting standards of Fannie Mae and Freddie Mac.
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When Campus USA initially partnered with LenderLive in June 2009, the credit union had just begun selling loans on the secondary market while retaining the servicing rights. The shift required Campus USA to quickly develop expertise in this area. LenderLive said its rapidly scalable infrastructure and specialized training provided that knowledge without a learning curve and compliance concerns.
LenderLive is based in Denver.
