TUKWILLA, Wash. — Prime Alliance Loan Servicing has been named Fannie Mae's preferred agent for private label subservicing of credit union mortgage loans.

The announcement was made during Prime Alliance's recently concluded Fifth Annual Symposium held in Indian Wells, Calif.

Exclusive to the credit union industry, the loan servicing option is aimed at providing for increased market share and greater profitability in mortgage operations while keeping mortgage servicing within the CU sphere.

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