ABA renews secondary market investor relationship with Bank of America.
Position | Bank of America is introducing its Banker Select Program - Brief article |
BUSINESS SOLUTIONS, an affiliate of the ABA, has renewed its relationship with Bank of America Home Loans' Correspondent Lending to act as a secondary market investor for Community Bank Mortgage LLC and ABA Mortgage Solutions.
As part of its renewal with Business Solutions, Bank of America is introducing its Banker Select Program. This program will provide efficient underwriting decisioning for all loans sold to Bank of America, dedicated single point-of-contact service, customized technology solutions and individualized product and technology training.
Community Bank Mortgage LLC, launched in 2007, is a unique and ABA-exclusive cooperative-style organization designed to leverage the collective bargaining power of 55 community banks that actively sell loans in the secondary market. ABA Mortgage Solutions assists all ABA member banks in executing their mortgage business more effectively and profitably.
For more information, visit www.aba.com/ BusinessSolutions/BSol_BofA.htm
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