CU Shows Strong Mortgage Activity in March
The $1.3 billion Truliant Federal Credit Union saw a 16% increase in the mortgage loans it closed in March 2010 over March 2009.
"Our mortgage department has stayed very busy over the last 18 months," said Troy Martens, vice president over consumer & real estate lending for Truliant.
"Over time we've become a trusted financial institution and our members know we won't provide a home loan beyond their ability to pay. That's a very big deal for our members, and for consumers as a whole, as people have continuously sat back and watched friends and family members lose their homes because they were given a bad mortgage loan-no one wants to be in that situation."