Robert Dorsa

Guest Opinion: After Mortgage Spike, Now What?

By Robert Dorsa | July 2, 2012

Getting to 8% of the U.S. mortgage market has been a long time in the making–a virtual overnight success after almost four decades of hard work by tens of thousands of truly special credit union staffers.
Prime Alliance Sold to Mortgage Tech Firm

By David Morrison | June 25, 2012

After 11 years as a leading mortgage CUSO, Prime Alliance has been sold to become a subsidiary of Mortgage Cadence, a mortgage technology firm with a similar approach and some credit union clients. As a subsidiary of Mortgage Cadence, the firm will no longer remain a CUSO.
Prime Alliance Sold to Mortgage Cadence: Print Preview

By David Morrison | June 22, 2012

Prime Alliance sale ends 11 years as CUSO, adds capital to growth and upgrades. Find out more in this preview from next week's print edition.
Mortgage Market Share Grows for Credit Unions

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.
Technology May Be Home Lending Equalizer

By David Morrison | May 29, 2012

Credit unions that want to remain competitive in housing finance over the next decade will likely have to confront the issue of how to add technology to their mortgage loan origination systems.
Secondary Mortgage Options Offered by New CUSO

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.
Will CUs Seize the Opportunity?

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.
After Market Cloud, Mortgage Execs See Brighter 2012

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.
ACUMA Welcomes Record Attendance to 15th Annual Conference: Onsite Coverage

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.
How Can Your Credit Union Not Offer Home Loans?

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...