LAS VEGAS — CEO panel tells ACUMA attendees that credit unions have broken through on mortgage lending.
Second-quarter originations set pace for first six months to break 2009 record.
Executives from different parts of the credit union industry are hard at work to build credit unions’ share of the U.S. mortgage market even higher than the record 8% that credit union’s achieved in the first quarter of this year.
Callahan challenges industry to grow already-record 8% share to 20% by 2020; CUSO Mortgage Liquidity Solutions working on how.
For the first time ever, credit unions have originated more than 8% of U.S. mortgages originated in any given three month period, according to an analyst with Callahan and Associates.
For the first time, credit unions have originated more than 8% of U.S. mortgages originated in any given three-month period, analyst says.