ACUMA says declining use of mortgage preapprovals by banks is a gift to credit unions.
LAS VEGAS — Credit union executives attending the American Credit Union Mortgage Association’s 2013 conference received both good news and bad news.
LAS VEGAS — Credit unions need to focus on some of their housing finance particulars as they think strategically about their housing finance business.
LAS VEGAS — Credit unions shifting housing finance programs from refinancing to originating new loans will face significant turnover, consultant says.
Applications for both new and refinanced mortgage loans continue to drop, according to the Mortgage Bankers Association.