1st Portfolio Lending becomes approved Fannie Mae lender.

Position:NEWS ROOM - Federal National Mortgage Association - Brief article

Vienna, Virginia-based 1st Portfolio Lending announced on Feb. 17 it has become an approved Fannie Mae lender. The company is an independent, privately owned direct lender serving customers in Virginia, Maryland, the District of Columbia, Delaware, North Carolina and Florida. The company is also an approved Freddie Mac lender.

The company said the Fannie Mae approval is another step toward reaching the lender's ultimate long-term goal of becoming the leading independent mortgage company in the Mid-Atlantic region.

Banks Gatchel, chief operating officer of 1st Portfolio Lending and president of the Mortgage Bankers Association of Metropolitan Washington, said, "Our Fannie Mae approval provides...

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