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By David Morrison |
January 31, 2012
The prospect of credit unions building a stronger housing finance industry received some good news last week when a new CUSO, Mortgage Liquidity Solutions, announced its first sale of participations in CU-originated mortgage loans.
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By David Morrison |
January 16, 2012
Major mortgage lenders appear to be continuing their strategic retreat from the U.S. housing finance market, leaving credit unions with a significant opportunity that they may not be willing or able to take.
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By David Morrison |
January 9, 2012
Despite the U.S. housing finance market ongoing uncertainty, three credit union mortgage executives painted a largely positive outlook for 2012.
Credit Union Times asked their thoughts on what the industry can expect as well as what the mortgage lending expectations in are in local markets.
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By David Morrison |
September 26, 2011
LAS VEGAS — The American Credit Union Mortgage Association welcomed more than 300 credit union executives to its fall conference, the largest in its history, according to President Robert Dorsa.
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By Robert Dorsa |
June 5, 2011
For the past year I have noticed a continuing theme: loan volume reported by credit unions is dropping. I have read many different variations on the theme. Some experts have merely noted loan volume has been decreasing or sinking and expect it will recover. Others are seeing it reach such...
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By David Morrison |
May 16, 2011
WASHINGTON — Credit unions seeking to write more mortgage loans should focus on lending more for their own portfolios, streamlining and speeding up their mortgage underwriting process and reaching out more comprehensively to Realtors.
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By David Morrison |
February 9, 2011
Many credit unions remain trapped between rising consumer and member demand for mortgages backed by the FHA and HUD regulations governing those loans.
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By David Morrison |
December 22, 2010
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.
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By David Morrison |
December 1, 2010
The American Credit Union Mortgage Association took the message of credit union mortgage originators into the heart of
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March 26, 2010
Find out how our readers ranked the top 10 stories of 2010.
