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.
CEO said milestone demonstrates the trust the industry has in the provider, which was founded in 1995.
Thanks to the real estate bubble and its aftermath in the Great Recession, housing finance has become an increasingly important driver for credit union membership, according to credit union executives around the country.
Find out in this preview from next week's print edition how revived housing demand is driving credit union membership growth.
Members of the $1.7 billion Baxter Credit Union who prefer a self-directed online alternative when it comes to investing will now have that option.
LAS VEGAS — Credit union executives attending the annual meeting of the American Credit Union Mortgage Association received a mixture of optimism from credit union CEOs about the future of credit union housing finance and caution from a leading economist about the overall economy and the housing market.
LAS VEGAS — CEO panel tells ACUMA attendees that credit unions have broken through on mortgage lending.
Promotions, Hirings, Anniversaries
The effort to create a new technology standard for integrating software among credit unions and their vendors is about to take its first beta steps.
Once again, Credit Union Times is very proud to announce the winners of the annual Trailblazer awards.