NAFCU, Fannie Mae Add Benefits

Register now

NAFCU and Fannie Mae have added new benefits to their alliance that helps participating NAFCU members meet the mortgage needs of credit union members.

Among the updates:

* Better pricing in the secondary market for fixed-rate mortgages, including biweeklies and the 40-year mortgage for members who elect to deliver a set percentage of their secondary market sales to Fannie Mae;

* Discounts for automated property service reports for members who elect to deliver a set percentage of their secondary market sales to Fannie Mae;

* More frequent portfolio pricing updates for members who use the mortgage loan portfolio analysis which allows for proactive asset liability management.

For info: www.nafcu.org

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER