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Lederman Supports CU Secondary Mortgage Initiative

MANHATTAN BEACH, Calif. -- Efforts to launch a credit union controlled secondary mortgage market gained a new ally last week, when secondary mortgage market pioneer Jess Lederman joined $4.4 billion Kinecta Federal Credit Union in the newly created position of senior vice president and chief lending officer.

By Heather Anderson | Updated on November 04, 2008

MANHATTAN BEACH, Calif. — Efforts to launch a credit union controlled secondary mortgage market gained a new ally last week, when secondary mortgage market pioneer Jess Lederman joined $4.4 billion Kinecta Federal Credit Union in the newly created position of senior vice president and chief lending officer.

Lederman told Credit Union Times a credit union secondary mortgage market was in the back of his mind when he agreed to the Kinecta post, and said he’s looking forward to getting involved in the CU Housing Roundtable-led initiative.

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