mortgage lending

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  Possible Edward DeMarco Replacement at FHFA Has History With Credit Unions

  By David Morrison  |  April 15, 2013

  Media sources report that Mark Zandi, chief economist at Moody's Analytics, is a lead contender to replace DeMarco.

• Staff Shortage: Some CUs Finding it Tough to Find Housing Finance Pros

  By David Morrison  |  April 11, 2013

  Training from within one way to address lack of availability of new employees with mortgage lending skills.

• Coast Hills FCU Reports Members Take to HARP

  By David Morrison  |  April 9, 2013

  California credit union books 135 loans worth $33 million through HARP 2.0, saving members $600,000 a year.

• Reduced Housing Supply Dampened Sales in February, Realtors Say

  By David Morrison  |  March 28, 2013

  National Association of Realtors said limited inventory is now holding back the market in many areas.

• Prudential PenFed Realty Expands in Maryland

  By Michelle A. Samaad  |  March 27, 2013

  Credit union's real estate arm opens new office in Columbia, Md.

• TDECU Touts Record Year in Housing Finance

  By David Morrison  |  March 22, 2013

  Texas credit union says mortgage loans tripled from 2011 to 2012.

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  Onsite Coverage: Checklist Can Help CUs Get Started on CFPB QM Compliance

  By Heather Anderson  |  March 21, 2013

  NATIONAL HARBOR, Md. — Credit unions told how and why they need to get going now on new underwriting standards coming down.

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  Cordray Urges Credit Unions Not to Hold Back From Mortgage Lending

  By David Morrison  |  March 18, 2013

  CFPB director tells industry not to fear the ability-to-repay rule.

• FFIEC Appraisal Complaint Hotline Goes Live

  By Heather Anderson  |  March 15, 2013

  Toll-free phone or website access to consumers to make state or federal complaints about appraisals.

• Two Credit Unions Offering No Money Down Mortgages

  By David Morrison  |  March 14, 2013

  Navy Federal, NASA FCU have different philosophies, same approach to dealing with risk from mortgage loans with no down payments.