Credit unions should consider offering low or no down payment mortgages, which have become a trend.
The Supreme Court TILA disclosure ruling will not affect credit unions that already follow TILA best practices.
If lenders follow TILA best practices and perform post-closing audits, the Supreme Court ruling shouldn't require action, one credit union CEO opines.
Credit union experts agree with Lennar CEO, who says borrowers find underwriting scary and invasive.
LAS VEGAS - See what you missed at this year's American Credit Union Mortgage Association conference.
LAS VEGAS — ACUMA panel says the loans offer a better deal than 30-year mortgages.
Credit unions and other housing finance lenders face an economic pinch as rising interest rates squash demand for refinanced mortgage loans while demand for purchase money loans still struggles to grow.
The biggest obstacles to credit unions launching or growing a housing finance program are lack of staff, concerns about compliance and a lack of leadership from the highest executive levels, according to credit union executives and housing finance consultants.
Training from within one way to address lack of availability of new employees with mortgage lending skills.
The decline and demise of well-known retailers such as Blockbuster, Kodak and free-standing bookstores offers proof of just how rapidly industries are shifting to keep up with consumers’ needs and wants.