As financial institutions, many people would suppose that credit unions make lending money a key focus of their business. But sometimes, over time, they lose some of that focus and fail to adapt their lending programs to members' changing economic needs. That is a little of what Brett Jorgenson found...
For what may be the first time ever, a credit union has become the biggest source of housing finance for a major metropolitan area in the U.S.
LAS VEGAS — Morning sessions for big ideas and breakout sessions to look up close marked the ACUMA conference here this week.
LAS VEGAS — Executives with two credit unions active in mortgage lending urged credit unions to appoint in-house “housing czars.”
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.
Members Cooperative Credit Union is now offering Federal Housing Administration and Veterans Administration loans to its members.