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Community Bank Mortgage Industry E-News

February 23, 2010Forward | ICBA Site| Subscribe
 
ICBA Mortgage continues to get inquiries about what we have to offer. We would like to take this opportunity to update everyone on current products in addition to our plans for the coming months. 

ICBA Mortgage is still providing pricing and service advantages for those banks that sell direct to Fannie Mae and Freddie Mac via our national affinity agreements. Our mortgage reinsurance captive through MGIC continues to perform well for those banks that choose to use it.

For community banks that prefer to sell mortgages into the secondary market through an aggregator without retaining servicing responsibilities, we are working with an experienced vendor to deliver a mortgage lending platform that will provide community banks with state-of-the-art technology, quality services and access to multiple lending investors. Your bank will be able to choose which services to use and which investors to sell to on a loan-by-loan basis. 

Providing you with these tools will allow you to operate efficiently while remaining in compliance and profitable.

As always, please call me at 800-253-5356 or e-mail me at elizabeth.deal@icba.org if you have any questions. We are here to help YOU help your community.

Warmest Regards,

Elizabeth

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