FAIRBORN, Ohio — Fannie Mae recently named Wright-Patt Credit Union, a $1.3 billion community-based institution in southwest Ohio, a 2007 Prime Alliance Lender of the Year.
Wright-Patt was chosen from among participants in the Fannie Mae Prime Alliance strategic relationship and earned the award thanks to community outreach, loan origination performance gains, and improved mortgage processing efficiencies.
In 2007, Wright-Patt's mortgage department generated 830 mortgages totaling almost $86 million. Of these, 339 were first time home buyer loans, totaling more than $31 million. These numbers represent a 19% total increase over 2006 and a 29% increase of first-time home buyer loans.
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