The Lenders One Mortgage Cooperative is a national alliance of independent mortgage bankers, correspondent lenders, and suppliers of mortgage products and services based in St. Louis, Missouri. Freddie Mac finances an estimated one in four residential mortgages in the United States.
“Freddie Mac is pleased to team up with Lenders One and help its members reach more eligible borrowers, achieve new efficiencies in the origination process and build strong, competitive businesses,” said Chris Boyle, SVP of Single Family Sales and Relationship Management, Freddie Mac. “We look forward to working with Lenders One’s leadership and members to achieve our shared commitment to help America’s working families become successful long-term homeowners.”
According to a release from Freddie Mac, the alliance will give Lenders One members who are Freddie Mac Seller/Servicers pricing and execution benefits, enhanced access to mortgage products, and professional training and development opportunities.
“We are committed to forming valuable alliances for our members,” said Daniel Goldman, Interim CEO, Lenders One. “This relationship enables us to further support our members in growing originations and gives them additional opportunities to increase engagement in the increasingly dynamic housing market.”