The Mortgage Bankers Association has partnered with Altisource subsidiary Lenders One Cooperative, providing the organization's members with expanded benefits.

MBA members are now eligible to join Lenders One and will receive a discount on their cooperative dues. If they join, MBA members will have access to Lenders One's secondary market platform and other back-office products and services offered by the cooperative's network of preferred vendors and investors.

Additionally, Lenders One members will receive a discount on their first year of dues and on MBA products and if they join the trade group.

"This agreement will help both parties, and our members, by providing additional cost savings and benefits that help independent mortgage bankers and community banks compete and succeed in today’s lending environment," MBA President and CEO David Stevens said in a news release.

MBA President and CEO David Stevens
MBA President and CEO David Stevens

"Our members have benefited from these types of partnerships and I have no doubt that Lenders One and its members will benefit as well," Stevens said.

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Jacob Passy

Jacob Passy

Jacob Passy is a reporter with National Mortgage News, covering breaking news in the residential mortgage industry.