RBMG Joins Freddie/ICBA Alliance

RBMG Inc., a subservicer based in Columbia, S.C., has joined an alliance between Freddie Mac and the Independent Community Bankers of America.The alliance's new RBMG private-label subservicing option will help lenders retain mortgage customers, enhance cross-selling opportunities, and keep costs low, Freddie Mac and the ICBA said. They said the arrangement offers a "state-of-the-art call center" and around-the-clock access to mortgage information. Payments are permitted from all ICBA member bank locations that allow borrowers to make in-person payments, and a non-competition agreement prevents RBMG from competing for loan origination business or any other financial service the lender offers, according to Freddie Mac and the ICBA. The alliance can be found online at http://www.freddiemac.com/singlefamily/icba.html.