Navy Fed To Develop Mortgage Co.

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Navy FCU said its Navy Federal Financial Group CUSO has signed ATM Corp., of Pittsburgh, to develop its new real estate and mortgage settlement services company. The new company, Navy Real Estate Services, LLC, will initially offer title-related and settlement services under one roof, consolidating what many homebuyers must obtain from several different sources. Navy FCU is the largest credit union mortgage lender with $3.4 billion in mortgage loans originated in 2001.

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