John Reed

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  Mortgages: Variety of Products and Approaches to Help Borrowers

  By David Morrison  |  December 4, 2011

  Greater financial education, a greater variety of loan products and different lending strategies have all been techniques credit unions have begun to use to help borrowers meet more stringent housing finance requirements, according to executives from credit unions and mortgage CUSOs.

• Defining Promises Key to Mortgage Brand Building

  By David Morrison  |  October 17, 2011

  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.

• Maine Mortgage CUSO Disdains Conventional Wisdom and Bucks Downturn Forecasts

  By David Morrison  |  June 9, 2010

  Conventional wisdom says mortgage-issuing credit unions, like the rest of the mortgage industry, will see a downturn this year.

• Tall, Dark and Handsome Quicken Mortgage Unit Flirts With Credit Unions

  By David Morrison  |  June 9, 2010

  The nation's fourth largest mortgage lender wants to forge lending relationships with credit unions.

• Maine Mortgage CUSO Finds Success in Promises

  By David Morrison  |  May 18, 2010

  CUSO Mortgage, a mortgage CUSO serving between 30 and 40 credit unions from a headquarters in Halpern, Maine, has used a series of promises to sharply increase the numbers of first mortgages it issues.

• After Recording Busting 2009, CU Mortgage Lenders Face Difficult Year

  By Claude R. Marx  |  February 10, 2010

  Credit union mortgage lenders came off a record breaking year in 2009, but industry executives fear 2010 may not see the same sorts of gains.

• Credit Unions Seeking to Rally Mortgage Program in Hard Year

  By David Morrison  |  January 21, 2010

  Credit unions wrote 5% of the nation's mortgages in the third quarter of 2009 and industry analysts anticipate a similarly high number for the year overall.