FREE NAFCU Members Only Webcast
Helping Credit Unions Detect and
Prevent Mortgage Fraud
Wednesday, June 24, 2009 ~ 2:00 p.m. - 3:30 p.m. EDT
Archived Version Available until December 24, 2009
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Space is limited. Click here to register or call
NAFCU's Member Service Center at 800-344-5580.
Please Join Fannie Mae's Amy Heinz, Senior Industry Relations Manager, Mortgage Fraud Program, for a market update on common mortgage fraud schemes being experienced in today's mortgage market. You'll also learn about very valuable tactics lenders can employ to combat mortgage fraud.
Amy Heinz is Senior Industry Relations Manager in Fannie Mae’s Mortgage Fraud Program. Amy’s role is to coordinate Fannie Mae’s anti-fraud efforts with Fannie Mae’s partners, including the lending community, industry groups and law enforcement.
Prior to joining Fannie Mae, Amy served as External Operational Risk Management Director for Freddie Mac. In that role Amy oversaw the operational risk and control assessment of all aspects of Freddie Mac’s Seller/Servicers’ single family conforming conventional mortgage operations (from loan application through REO disposition). Amy has extensive QC and fraud management experience, having served as QC Director at Freddie Mac and at three national mortgage lenders, and as Senior Fraud Investigator for Freddie Mac. In these roles, Amy’s responsibilities spanned post-funding quality control, early payment default reviews, incoming and outgoing repurchase management, and fraud investigations.
Amy has been an active participant with the Mortgage Bankers Association of America’s Quality Assurance Committee and holds a BS degree in Business and Management from.
Pepperdine University.
Broadcast live from NAFCU's Headquarters in Arlington, VA.
Who Should Participate:
| CEOs |
CFOs |
| Senior Management |
Mortgage and Real Estate Staff |
| Compliance, Audit, Counsel Staff |
Credit, Lending and Loan Officers |
 
Your questions are welcome during the presentation -- please attend, engage and learn how to help your members, your communities and your bottom line!
NAFCU/FANNIE MAE ALLIANCE -
ENHANCEMENTS NOW AVAILABLE!
NAFCU and Fannie Mae recently announced enhancements to their alliance agreement to make participating in the secondary mortgage arena more convenient for NAFCU members. You now have even more choices to enhance your mortgage lending experience including:
• Better pricing in the secondary market for fixed-rate mortgages, including biweeklies and the 40-year mortgage for members who elect to deliver a set percentage of their secondary market sales to Fannie Mae
• Discounts for automated property service reports for members who elect to deliver a set percentage of their secondary market sales to Fannie Mae;
• More frequent portfolio pricing updates for those that utilize the mortgage loan portfolio analysis for more proactive asset liability management
In addition you will continue to receive the other benefits available to NAFCU members including:
• Mortgage products to meet the ever-changing needs of your borrowers:
o MyCommunityMortgage™ loans for low- to moderate-income borrowers with LTVs up to 100% and lower MI requirements
o HomeStyle® renovation and construction-to-perm lending, for approved lenders
o Access to products to expand your reach to underserved markets (Native American, reverse mortgages, rural housing initiatives)
• In-depth training to help you expand your mortgage finance skills and courses to help you grow your mortgage business through Fannie Mae’s Housing Finance Institute™ (alliance discounts available)
• Timely updates on Fannie Mae initiatives, including new product rollouts and community development outreach efforts through their Community Business Centers.
• Dedicated support team of Fannie Mae professionals available to guide you through the process.
To learn more
If you are interested in discussing the details of the NAFCU/Fannie Mae alliance, please contact Fannie Mae’s Tammy Trefny at (312) 368-6218 or via e-mail. Each participating NAFCU member signs a business agreement directly with Fannie Mae, which does not in any way preclude your credit union from doing business through other secondary market channels. You will also need to sign a confidentiality agreement prior to receiving proprietary details on the agreement terms. To get started, download the confidentiality agreement. The appropriate person in your credit union (such as the CEO) should sign it and then fax it to Tammy Trefny's attention at (312)368-6324. Upon receipt of the signed agreement, Fannie Mae will send you a summary of the NAFCU alliance agreement and instructions on accessing the online Fannie Mae lender application.
To read more about the benefits of the alliance agreement, download additional information.
For more information, visit eFanniemae.com.
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