CUMAnet Signs Mortgage Pact With FreddieMac

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BASKING RIDGE, N.J. - (05/20/05) -- CUMAnet, the CU Mortgage AllianceNetwork, said it has agreed to market Freddie Mac's suite ofaffordable lending products to credit unions. The contract callsfor the CUSO to market Freddie's Home Possible, a flexible creditand low-down payment mortgage option. CUMAnet will also work withthe secondary mortgage market giant to distribute homebuyereducational material, like Freddie's 'Homeownership: Let the TruthMove You' program.

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