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Article: Freddie Mac integrates X.400 and applications. (Federal Home Mortgage Corp.)
- Article from:
- Communications News
- Article date:
- August 1, 1992
CopyrightCOPYRIGHT 1992 Nelson Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Freddie Mac, the Federal Home Loan Mortgage Corp., is one of America's busiest purveyors of mortgages. Located in McLean, Va., Freddie Mac receives mortgages from 5,000 to 6,000 financial institutions daily and adds value by processing and packaging these funds into securities that are then sold through 200 brokerage houses to investors.
Managing such high volumes of data and still providing reliable and responsive service to investors is no small feat, and today Freddie Mac is about to implement an X.400-based delivery system.
While there are benefits in being flexible enough to support multiple delivery mechanisms, Freddie Mac determined it would be ...