PINE BROOK, N.J. -US Mortgage Corp, the parent company of CU National and CU1 Financial which provide private label and co-branded mortgage services to over 150 credit union organizations throughout the U.S., has entered into a strategic alliance with Fannie Mae that will expand the pricing and product benefits of the secondary market to credit unions. As a component of the alliance, US Mortgage Corporation will provide its credit union clients with a variety of Fannie Mae mortgage products, including Timely Payment RewardsT and InterestFirstT. In addition, the alliance which is powered by Fannie Mae's underwriting technology will allow US Mortgage Corporation to offer instant mortgage approvals to credit union members who access jointly-maintained credit union/US Mortgage Corporation Web site.
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