BASKING RIDGE, N.J. — The Credit Union Mortgage Alliance Network has been selected by Bank-Fund Staff Federal Credit Union, Washington, to act as its "National Mortgage Center" to fulfill the CU's effort to provide nationwide mortgage services for its members.

The move is an extension of BFSFCU's existing relationship with Mortgagebot of Mequon, Wis., a leading provider of online mortgage technology. (Mortgagebot services 41 of the top 100 credit unions.) Dan Welbaum, chief marketing officer of Mortgagebot, said Bank Fund uses the company for POS transactions and was seeking to partner with a provider that had a track record in mortgage services.

"Via their new National Mortgage Center, BFSFCU can now offer loan applications by phone in all 50 states and take full advantage of Mortgagebot's technology. The key advantage is that it is completely transparent to members, who never feel they are leaving the hands of their trusted FCU," he said. "This also resolves an issue that many CUs have in not being able to lend nationwide. Moreover, since CUMAnet and BFSFCU were both already partnering with us, the transition was seamless all the way around."