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Wholesale lender Greystone Residential Funding Inc. has formed a business relationship with Freddie Mac. In an evolution of the relationship between the residential mortgage banking company headquartered here and the GSE, the new arrangement is intended to bring greater flexibility, enhanced tools and lending options to the nation's community lenders.
According to a press release from Greystone, the partnership will provide Freddie Mac's customers with access to an expansive mortgage product menu, innovative technology and a comprehensive set of tools and services to streamline and enhance their mortgage operations.
"We're excited that Freddie Mac has chosen Greystone to provide mortgage solutions to its customers," said Dan Rotert, president and CEO of Greystone. "We have developed our business model to focus exclusively on community lenders and to enable them to compete effectively in today's increasingly competitive market. We're highly attentive to serving the unique needs of these lenders by providing...