ABA, FREDDIE MAC EXTEND ALLIANCE TO HELP MEMBERS SUCCEED, FUEL THE HOUSING RECOVERY
By ABA -

WASHINGTON, DC – June 16, 2010 – (RealEstateRama) — Business Solutions, an affiliate of the American Bankers Association, and Freddie Mac (NYSE:FRE) today announced plans to help community banks compete in the purchase money mortgage market and help fuel the nation’s housing recovery by extending their 8-year-old alliance.The Freddie Mac/ABA alliance provides ABA’s community bank members with access to critical mortgage products, technology, staff training and other services


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ABA
http://www.aba.com

Founded in 1875 and based in Washington, DC, the American Bankers Association (ABA) brings together banks of all sizes and charters into one association. ABA works to enhance the competitiveness of the nation's banking industry and strengthen America's economy and communities. Its members – the majority of which are banks with less than $125 million in assets – represent over 95 percent of the industry's $13.6 trillion in assets and employ over 2 million men and women.

American Bankers Association
1120 Connecticut Avenue, N.W.
Washington, DC 20036

Toll free: 1-800-BANKERS

Media Contact:
Jim Eberle
Phone: (202) 663-5477

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