FREDDIE MAC AND NAPMW ANNOUNCE EDUCATION ALLIANCE

Freddie Mac To Provide Training To NAPMW Members

Oklahoma City – Freddie Mac and the National Association of Professional Mortgage Women (NAPMW) today announced a new educational alliance to expand learning opportunities for the more than 4,000 NAPMW members. Through the alliance, NAPMW members will benefit from a variety of both on-site and web-based educational courses, as well as customized classes provided by Freddie Mac. NAPMW will also award scholarships to its members to attend additional training opportunities provided through the alliance. The courses are designed to strengthen NAPMW members' mortgage origination and secondary market knowledge and enhance individual professional development. The announcement was made at NAPMW's annual convention in Oklahoma City.

"The Freddie Mac alliance will further NAPMW's goal to promote the professional and personal development of mortgage professionals through educational and leadership opportunities," said Paula Berg, NAPMW's 2003-2004 President. "Investing in education can reap higher benefits such as sharper business skills and knowledge that help individuals advance in their careers."

Training topics for the novice to experienced mortgage professional include loan underwriting, loan pricing and delivery, and servicing. Freddie Mac offers more than 15 in-depth courses nationwide and more than 30 courses online. Some of the distance learning opportunities are available 24 hours a day, seven days a week so industry professionals can receive training at their convenience. In addition, Freddie Mac's training staff have many years of experience working in the primary mortgage market, and are experts in Freddie Mac policies and technologies.

"Our programs are designed to help people who are short on time and in need of answers," said Tonya Jackson, vice president of Customer Care for Freddie Mac. "We offer programs that can help NAPMW members enhance their business practices, maximize effectiveness and increase profitability."

More information about Freddie Mac educational opportunities can be found at the company's Learning Center at www.freddiemac.com/learn.

Membership in NAPMW is open to all mortgage professionals.

Freddie Mac is a stockholder-owned corporation established by Congress in support of homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage passthrough securities and debt instruments in the capital markets. Over the years, Freddie Mac has opened doors for one in six homebuyers and more than two million renters in America.

The National Association of Professional Mortgage Women is comprised of 60 Local Associations across the country. Celebrating its fortieth year, NAPMW serves all mortgage professionals who want to excel and employers who want excellence. NAPMW is the sole accrediting body for the Graduate of Mortgage Lending (GML) and Master of Mortgage Lending (MML) designations that certify a professional's knowledge and capabilities. Visit NAPMW's website at www.napmw.org.

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