ABA Subsidiary's mortgage programs save members $27 million.

• Position: ABA RESOURCES - Brief article

BUSINESS SOLUTIONS, AN ABA SUBSIDIARY, has announced that its Mortgage Solutions programs saved ABA bankers over $27 million in 2010.

The programs, designed to help community banks participate more successfully in the residential mortgage markets, were launched in 2001. Since that time, the banks have produced more than $160 billion in loans through the programs. In 2010, more than 1,000 ABA member banks elected to be a part of one or more of the 12 programs available through Mortgage Solutions.

Mortgage Solutions negotiates member advantaged pricing and other benefits with its 12...