An increased regulatory burden has not dissuaded credit unions from originating and servicing mortgages at least as much as they have in the past.
Competitors such as Quicken Loans expand market share by leveraging technology and big-ticket advertising.
Better access to mortgage lending data is needed, MarkLogic’s Sinan Baskan argues.
TransUnion study finds during first quarter of 2016, credit unions experienced a year-over-year growth rate of 6.35%.
Official comments on the CFPB proposed mortgage disclosure rules are dues Oct. 18. CU trade associations' initial response is mixed.
Melrose Credit Union's net worth fell sharply from 18% in March 2015 to 10% in March 2016 due to taxi medallion loans going bad.
In a Q&A, Rocket Mortgage’s product lead offers insight into the credit union competitor’s strategy.
Prices are so good that most residents can’t afford to buy a home in 25% of metro areas.
Elevations CU shares its best operational tips.
The total share of residential mortgages serviced by credit unions rose from 3.1% in 2008 to 5.7% in 2015.