Ponte Vedra Beach, Fla. - July 17, 2009 - Capital Markets Cooperative (CMC), a provider of services and expertise that reduce risk and maximize profits for mortgage bankers, has announced a new strategic alliance with Freddie Mac (NYSE:FRE), one of the nation’s largest investors in residential mortgages.

CMC members will now enjoy superior pricing on all executions at Freddie Mac’s cash window, free introductory use of Loan Prospector to new users of Freddie Mac’s automated underwriting service, plus discounts on training for groups, large and small.

According to CMC President Tom Millon, the company's mortgage banker clients stand to see substantial benefits under the new strategic alliance. "Freddie Mac is one of the largest players in the secondary market, and our clients will have access to competitive pricing on the loans they deliver to Freddie. Combine that with the access to Loan Prospector for new users and the training Freddie Mac provides its strategic alliance partners and you can see how this is a huge win for CMC members."

“Freddie Mac is proud to launch this new strategic alliance agreement with CMC and provide its members with an important anchor in today’s market,” said Iliana Ghanem, Freddie Mac’s vice president for sourcing. “We look forward to providing CMC’s members with Freddie Mac’s business services, mortgage products, and a proven path to high-level capital markets executions. This alliance is representative of our commitment to support today’s housing market and our customers’ needs.”

CMC-partnered mortgage bankers have access to methods of execution historically limited to only those with large volume and high levels of expertise. The Freddie Mac new strategic alliance expands the execution options available to CMC clients resulting in a higher-level and more sophisticated capital markets execution. The power of the cooperative gives mortgage lenders access to this advanced execution.

About Capital Markets Cooperative
Capital Markets Cooperative (CMC) provides mortgage bankers with the economies of scale and the expertise that reduce risk and maximize profit in the secondary market. Regarded as the premiere secondary marketing specialists in the industry, CMC has worked with financial institutions nationwide to break traditional barriers in capital markets and take performance to the next level of profitability. To date CMC executives have managed more than $500 billion of mortgage volume. For more information about Capital Markets Cooperative, visit www.capmkts.org or call (904) 543-0052 or e-mail info@capmkts.org.

About Freddie Mac
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation’s residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.