Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LAS VEGAS — The economic downturn has forced many credit unions to take a more “real world” approach to their mortgage lending, one that recognizes that the mortgage lending story includes more than loan origination, two credit union mortgage lenders said.

“Everyone wants to be in on the first part of the story, where we originate loans that help happy homebuyers get the homes they want,” George Shipman, vice president of real estate lending for the $1 billion California Credit Union, told CU mortgage executives attending a break out session of the American Credit Union Mortgage Association’s annual conference. “But this session is about what happens on the other side, when those loans sometimes run into trouble or even go bad. That’s part of the mortgage lending story, too.”

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?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.