Co-op Sets Pricing Deal with Freddie

Capital Markets Cooperative, Ponte Vedra Beach, Fla., has a new strategic alliance with Freddie Mac. CMC said the alliance will give its members improved pricing on all executions at Freddie Mac's cash window, free introductory use of Freddie's Loan Prospector if members are new users of that automated underwriting service and discounts on training for groups of various sizes. Through its cooperative structure, CMC aims to give mortgage bankers partnered with the group access to economies of scale and methods of execution historically limited to players with larger volumes.

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