The second-largest credit union in the nation has opened a firm to help it manage real estate on its books in the wake of the Great Recession.
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.
Almost 1,200 of the 19,000 real estate professionals attending the National Association of Realtors conference visited the America's Credit Unions booth.
American Credit Union Mortgage Association and several credit unions to represent in Anaheim later this week.
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.
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.
The 227,000-member Kinecta Federal Credit Union has become one of the financial institutions that Fannie Mae has authorized to provide mortgages to the purchasers of Fannie’s HomePath properties.
This year will go down as the one in which the real estate and mortgage markets in many areas moved from a sense of crisis to one where credit unions began to find a little bit of stability.
The American Credit Union Mortgage Association took the message of credit union mortgage originators into the heart of
If credit unions launch or upgrade their mortgage lending operations in the coming year, real estate professionals and borrowers will come.