Connecticut Corporate To Offer SecondaryMarket Services

April 11, 2006, 1:00 a.m. EDT 1 Min Read

WALLINGFORD, Ct. - (04/11/06) -- Constitution State Corporate FCUsaid it has partnered with Charlie Mac, LLC to provide itssecondary-market services to member credit unions. Charlie Macpurchases loans originated by credit unions and credit unions only.Its programs include JumboExpress, which purchases jumbo mortgagesoriginated by credit unions, and CARPooL, which buys auto loans.Credit unions can choose to sell their jumbo mortgage loansservicing-retained, servicing-released with customized brand-nameservicing, or by using a sub-servicer option. Charlie Mac canpurchase jumbo mortgage loans individually or in bulk.

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