For what may be the first time ever, a credit union has become the biggest source of housing finance for a major metropolitan area in the U.S.
The key to building and developing a strong housing finance program may be for credit unions to define what it is that they are promising through their efforts and then making sure that commitment flows through the entire organization.
LAS VEGAS — The continued uncertainty surrounding the reform of the secondary mortgage market, combined with what that might mean for credit unions and what they should do, led the way at the American Credit Union Mortgage Association's 15th annual fall conference.
LAS VEGAS — Morning sessions for big ideas and breakout sessions to look up close marked the ACUMA conference here this week.
LAS VEGAS — Branding expert emphasizes role of the promise in helping credit unions build mortgage programs.
LAS VEGAS — An executive with Genworth Financial says members who have been among their most financially strong may be among the most at risk of walking away from their mortgages.
LAS VEGAS — The American Credit Union Mortgage Association welcomed more than 300 credit union executives to its fall conference, the largest in its history, according to President Robert Dorsa.
Letter to regulators urges relaxation of 20% down payment requirement.
For the past year I have noticed a continuing theme: loan volume reported by credit unions is dropping. I have read many different variations on the theme. Some experts have merely noted loan volume has been decreasing or sinking and expect it will recover. Others are seeing it reach such...
WASHINGTON — Credit unions seeking to write more mortgage loans should focus on lending more for their own portfolios, streamlining and speeding up their mortgage underwriting process and reaching out more comprehensively to Realtors.