PLANO, Texas — Three major factors–interest rates, housing economics and seasoning–are expected to slow prepayments in the short term, a white paper published by Southwest Corporate concluded.
However, current yield and spread levels justify keeping them on the books, according to the report.
"With real estate loans growing to more than 50% of credit union loans outstanding, it is very important the credit union managers fully understand the cash flow elements of this type of lending," said Steven Houle, author of the white paper and Southwest institutional adviser.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
