Freddie Mac has formed a technology alliance with a midsize mortgage bank that specializes in buying loans from credit unions.

Cuna Mutual Mortgage Corp., a unit of Cuna Mutual Group, Madison, Wis., became the first lender to use a sophisticated set of origination tools developed by Freddie. The platform will enable Cuna Mutual and its credit union clients to originate loans on the Internet and is designed to make the mortgage process easier and faster for the credit unions' members.

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