LENEXA, Kan. -- For the first time ever, TruHome Solutions LLC, a mortgage credit union service organization, has hit the $1 billion mark in mortgage servicing.
The CUSO provides mortgage origination, underwriting and servicing as well as training and risk management programs to credit unions.
"Retaining the service on your members' mortgages is an important relationship tool for credit unions," said Keith Varney, COO of TruHome Solutions. "By retaining the servicing rights, your credit union has the opportunity to be involved in one of the largest investments members make, serving as the voice and representative of the product. When a credit union sells its right to service, it can lose the connection between the product and the person."