Tim Segerson, deputy director in the NCUA’s Office of Examination and Insurance, told executives attending the American Credit Union Mortgage Association conference in Las Vegas Sept. 25 the agency continues to explore how credit unions can mitigate real estate loan risk.
Fannie Mae, Freddie Mac, FHFA rent space, announce search is on for CEO for new organization: Common Securitization Solutions LLC.
Four former executives with a failed housing finance CUSO have been indicted on fraud and other charges in connection with the 2009 failure.
ACUMA says declining use of mortgage preapprovals by banks is a gift to credit unions.
LAS VEGAS — Credit union executives attending the American Credit Union Mortgage Association’s 2013 conference received both good news and bad news.
LAS VEGAS — Credit unions need to focus on some of their housing finance particulars as they think strategically about their housing finance business.
LAS VEGAS — Credit unions shifting housing finance programs from refinancing to originating new loans will face significant turnover, consultant says.
Return to pre-recession payment pattern noted by credit bureau.
Shoring up qualified mortgage safe harbor provisions could require credit unions to double down on their traditional strengths and sharply improve documentation, according to legal experts.
Bureau says new rule follows up on questions since implementation began in January.