BRIEF: Capital Markets Cooperative and Fannie Enter Alliance

By Maria Bruno-Britz, Bank Systems & Technology Capital Markets Cooperative (CMC; Ponte Vedra Beach, Fla.), a provider of risk mitigation solutions to mortgage bankers, entered alliance with Fannie Mae (Washington, D.C.) that will help members of CMC when selling loans to the secondary market. CMC members will now enjoy access to Fannie Mae's Desktop Underwriter platform, in addition to benefits such as advantageous pricing, increased flexibility in methods of execution and a variety of loan products and value-added services.