CU/America plans to actively promote CU Realty Services and its benefits to its credit unions, as well as others across the state.
New entry into finance program marketplace.
New partnership is called CO-OP Mortgage Solutions and includes ala carte origination, underwriting, call center services.
Second-largest credit union hits new mark in first-time home buyer loans.
Peach State FCU has partnered with a non-profit organization to help make housing finance loans available to wounded veterans.
The Consumer Financial Protection Bureau has issued a proposed rule and request for comment regarding a temporary delay in the June 1 effective date of a final rule provision that would prohibit the financing of credit insurance into a mortgage.
The bulk of credit union and CUSO mortgage programs will see minimal impact from Fannie Mae and Freddie Mac limiting the secondary market to only qualified mortgages, according to credit union and CUSO executives.
Mortgage bankers trade group says 1st quarter figures show slight increase in 30-day delinquency rate.
Complaint includes accusations that homeowners could lose homes because loan mods sat unprocessed on big bank desks.
FHFA said the GSEs will generally not buy loans that don't meet the CFPB's new "ability to repay rule."