This Opinion piece looks at the opportunities presented in considering using a full-service real estate CUSO to build business with Realtors.
The $1 billion Eli Lilly FCU boosted purchase mortgage volume by reaching out to local real estate agents.
The Indianapolis-based Eli Lilly FCU hired six originators with proven purchase mortgage track records to reach out to realtors and boost originations.
From refinancing to new money mortgages but market overall continues to struggle.
Credit unions and other mortgage lenders faced an economic pinch in 2013 as rising interest rates began to squash demand for refinanced mortgage loans while demand for purchase money loans still struggled to grow.
ACUMA president says unprepared credit unions are in for a shock next year.
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.
A CUSO created to help a credit union manage foreclosed property has begun to play a role in a city’s economic redevelopment.
Los Angeles-area credit union has seen an uptick in purchase mortgages after teaming up with CUSO.
The U.S. housing finance market may be poised for a historic shift away from a long trend of primarily refinancing existing real estate loans to primarily funding new real estate purchases.