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By David Morrison |
May 15, 2013
The bulk of credit union and CUSO mortgage programs will see minimal impact from Fannie Mae and Freddie Mac limiting the secondary market to only qualified mortgages, according to credit union and CUSO executives.
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By David Morrison |
May 14, 2013
Industry employs 11% of that segment, new study shows, while retail stores lead at 24%
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By David Morrison |
May 1, 2013
Credit unions facing a lack of available and affordable mortgage loan professionals should not look for the staffing challenge to ease anytime soon, according to housing finance executives and consultants.
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April 10, 2013
Megan Brown isn’t the first woman to get pregnant and exit corporate life, frustrated and finished with the “rat race.” But she is among the minority to have climbed the ranks of Wall Street – accepting, and actually loving, being a woman in the dog-eat-dog world of a not-so-female-friendly industry...
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By David Morrison |
February 6, 2013
Credit unions may have their best opportunity ever to boost the portion of mortgage loans that actually go to purchase homes as opposed to loans that refinance previous notes.
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By David Morrison |
October 31, 2012
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.
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By David Morrison |
October 25, 2012
Find out in this preview from next week's print edition how revived housing demand is driving credit union membership growth.
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By David Morrison |
May 29, 2012
For the first time ever, credit unions have originated more than 8% of U.S. mortgages originated in any given three month period, according to an analyst with Callahan and Associates.
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By David Morrison |
February 20, 2012
The 44,000-member, $540 million National Institutes of Health Federal Credit Union, headquartered in Rockville, Md., has been working to prepare its housing finance program for whatever the federal government may choose to do with the two giant mortgage entities Fannie Mae and Freddie Mac.
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By David Morrison |
October 17, 2011
If there is a credit union determined to not let a crisis go to waste, it is the $4.2 billion Bethpage Federal Credit Union.
