mortgage lending

• NCUA Confirms Nearly All Credit Unions Qualify for CFPB’s Servicing Exemption

  By Heather Anderson  |  January 18, 2013

  CFPB final mortgage servicing rule hits slightly more than 200 of 6,900 federally insured credit unions.

• Mortgage Servicing Rules Will Include 5,000-Loan Exemption

  By Heather Anderson  |  January 17, 2013

  CFPB to release final rules but provided advance look of its mortgage servicing regulations.

• Credit Union Rolls Out 10-Year Mortgage

  By David Morrison  |  January 16, 2013

  First Financial FCU in New Jersey offer includes interest rates as low as 2.5% and $599 in closing costs.

• Philadelphia Housing Finance CUSO Sees Record Year in 2012

  By David Morrison  |  January 15, 2013

  First Heritage Financial notches more than $452 million in loans closed.

• CUC Mortgage Ends Year With Flurry

  By David Morrison  |  January 15, 2013

  CUANY affiliate ends 2012 with five more New York credit unions as clients.

• Mortgage Share Set to Expand in 2013

  By David Morrison  |  January 9, 2013

  It seems likely that 2013 will contain two distinct aspects for credit union mortgage programs. On the one hand, it seems certain that credit unions will continue to take a greater share of the overall mortgage market.

• Mortgages With Short Terms Attract Boomers

  By Eileen M. Courter  |  January 9, 2013

  Retirement plans and paying off the mortgage have traditionally gone hand-in-hand as people approaching retirement anticipate eliminating a payment that typically claims the largest single chunk out of the monthly budget.

• Mortgage Debt Tax Relief Extended

  By Heather Anderson  |  January 3, 2013

  The law, which was passed in 2007, was extended one year and now expires Jan. 1, 2014.

• HMDA Reporting Errors Subject of NCUA Jan. 24 Webinar

  By Heather Anderson  |  January 2, 2013

  NCUA and Fed experts will address common errors in data submissions.

• NAFCU Urges CFPB to Leave Plenty of Time for Mortgage Rules

  By David Morrison  |  December 20, 2012

  Trade group says five new rules at once will pose "unprecedented challenge to digest, understand and implement."