SHREWSBURY, N.J. — Outstanding mortgage loans by credit unions climbed 10%, from $223.54 billion in December 2005 to $246.16 billion in September 2006. Total credit union mortgage loans outstanding now account for 49% of the total loans outstanding for the credit union industry. At $161.4 billion, or 32%, first mortgage outstanding loans lead the way.
The breakdown of credit union mortgage loans along with the leading lenders is listed below.
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