Article: ICBA and Fannie Mae Announce New Direct Secondary Market Program for Community Banks.

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 ...

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