Real estate program aimed at making credit unions one-stop shop for members and purchase mortgages.
CU Members Mortgage says low down payment and high buying desire make now time to reach out to younger set with FHA option.
Just over a year since it purchased noted mortgage CUSO Prime Alliance Solutions, Mortgage Cadence has been purchased by Accenture, an international financial services consulting and software firm.
Service allows borrowers to lower rates without refinancing.
By now, credit union leaders have become accustomed to new regulations coming down the pike. Less awareness exists, however, for the importance of moving early on the steps it takes to comply with these new regulations.
BOSTON — The Consumer Financial Protection Bureau’s qualified mortgage rule that limits closing costs to 3% of the loan balance will have such a big impact on Midwestern credit unions, one Minnesota-based executive said he’d lose money if he complied.
Fred Becker's health scare, risk-based net worth rule, impact of merger rule and more ... check out the bottom lines here.
Lengthy foreclosure process still a drag in some markets, online tracking firm says.
Proposed rule adds some exemptions to Dodd-Frank requirements set to take effect next January.
Tim Mislansky, a leading executive in credit union housing finance, has started a blog aimed at helping credit unions offer mortgage loans.