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Article: ICBA and Fannie Mae Announce New Direct Secondary Market Program for Community Banks.
- Article from:
- PR Newswire
- Article date:
- March 13, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. 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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HONOLULU -- The Independent Community Bankers of America and Fannie Mae today announced that they have entered into a nationwide partnership to help ICBA members expand their access to the secondary market and promote homeownership.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000103/DCM001 )
"This program is great news for our membership," said Pierce Stone, ICBA chairman and CEO of Virginia Community Bank, Louisa, Va., "and it will be an excellent complement to the program for banks that already access the secondary market through ICBA Mortgage."
The partnership, announced at ICBA's 2002 national convention in Honolulu, Hawaii, exclusively ...