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By David Morrison |
September 2, 2012
Although many credit unions may not have realized it, the second version of the federal government’s Home Affordable Refinance Program is a more workable and beneficial for both borrowers and credit unions than its predecessor, according to housing finance executives at credit unions that have begun making the loans.
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By David Morrison |
August 28, 2012
Tower Federal Credit Union in Laurel, Md., handles $70 million in HARP loan applications since March, 70% of from members with loans with other lenders.
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By David Morrison |
August 23, 2012
Maryland credit union says more than a quarter of its refinances since March have been through federal mortgage payment reduction program.
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By David Morrison |
February 16, 2011
Even as the housing markets in many areas struggle and decline in the face of ongoing high unemployment, some credit unions have continued to offer mortgages for some of the biggest residential sales.