-
By Heather Anderson |
January 30, 2013
The Consumer Financial Protection Bureau released final mortgage rules that restrict loan originator compensation methods and increase the level of service loan servicers must provide to borrowers. However, due to the way credit unions already do business, trade associations say neither rule will have a major impact on the industry.
-
By Heather Anderson |
January 18, 2013
Lenders may still recover the cost of obtaining the appraisal, but not for providing a copy to the borrower.
-
By Heather Anderson |
January 18, 2013
CFPB final mortgage servicing rule hits slightly more than 200 of 6,900 federally insured credit unions.
-
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.
-
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.
-
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.
-
By Heather Anderson |
December 27, 2012
National average mortgage rate for previously occupied homes down to 3.36%
-
By Heather Anderson |
November 29, 2012
The Federal Housing Finance Agency on Thursday reported that mortgage rates on purchased homes fell by 11 basis points in October to 3.44%.
-
By David Morrison |
August 8, 2011
CUNA economist Bill Hampel cites U.S. bond market's demand, size and liquidity as shielding factors.
-
By Michelle A. Samaad |
June 15, 2011
Banks and credit unions are competing closely in nearly all loans with the exception of auto loans.
