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Partners List > Mortgage Solutions > Secondary Markets
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FANNIE MAE
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Contact Name:
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Debbie Whiteside
Senior Vice President, Mortgage Solutions
ACB Business Partners
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Contact Phone:
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202.857.5580
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Contact Email:
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[email protected]
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Partner Website:
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http://www.fanniemae.com
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Partners Hotline:
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202.857.5575
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Articles Press Releases
ACB members receive many business benefits on residential mortgage loans delivered to Fannie Mae: special price advantages, access to Fannie Mae’s cutting edge technology at advantaged pricing, and portfolio analysis to identify secondary market sales opportunities at significant cost savings. The partnership has been enhanced to help you further expand your business to reach more low-to moderate-income borrowers, minority borrowers, and first-time homebuyers.
Product Advantages
- Participating member price improvement over standard retail posted price for servicing retained options (FRM, ARMs, Balloons, Bi-weeklys)
- Stated income loans accepted
- Seasoned loan sales with enhanced variance considerations possible
Pricing
- Favorable cash pricing terms for fixed-rate mortgages and biweeklies
- Cash pricing benefits on more of the products your customers request, including balloon mortgages and ARMS with initial fixed-rate periods
- Improve your cash pricing benefit with a specified commitment to deliver your bank’s conventional conforming loans
- Access to innovative credit enhancement structures like Secondary Market Mortgage Insurance Coverage that may improve your Fannie Mae Execution
Technology
- Discounts on individual submissions to Desktop Undewriter (DU)
- Reduced upfront and overall costs on DU installation fees
- Discounted Mortgage Loan Portal installation fee
- Acceptance of alternate automated underwriting systems with DU migration path
Customer Support
- Dedicated Customer Account Manager
- Regional Partnership Office support
- Underwriting and documentation assistance
- Dedicated operations liaisons
- CRA investment, portfolio analysis and securitization services
- Access to Housing Finance Institute courses at discounted rates
Member Benefits
- Special member pricing
- Streamlined application process
- Reduced technology fees
- Special discounts on training
- Access to pilots
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FANNIE MAE PRESS RELEASES
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8/8/2006
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ACB Objects to HUD Proposal on Fannie, Freddie Loans
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2/2/2004
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America’s Community Bankers Announces
Renewal of Partnerships with Fannie, Freddie, Countrywide
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