Capital Markets Co-op Teams with Freddie
Capital Markets Cooperative (CMC) recently partnered with mortgage investor Freddie Mac (FRE). "Freddie Mac is one of the largest players in the secondary market, and our clients will have access to competitive pricing on the loans they deliver to Freddie," said CMC president Tom Millon. The alliance provides CMC's lender members with access to pricing options at Freddie's cash window and free introductory use of Loan Prospector to new users of Freddie's automated underwriting service. “We look forward to providing CMC’s members with Freddie Mac’s business services, mortgage products, and a proven path to high-level capital markets executions," said Freddie's vice president for sourcing, Iliana Ghanem. "This alliance is representative of our commitment to support today’s housing market and our customers’ needs.” Write to Diana Golobay.