More home purchasers in the Madison, Wis., area chose the $1.4billion UW Credit Union to finance their home loans than any otherlender in 2010, according to data collected by the FederalFinancial Institutions Examination Council.

FFIEC collects home mortgage data and published a report on the 2010 data in September. TheMadison statistical area includes Dane, Sauk and Iowa counties andthe report showed the credit union had lent $83 million in money tofund new real estate loans in 2010.

Many credit unions crave so called “purchase money lending” morethan mortgage refinancing since purchase money loans tend to bringmore members and offer greater stability over the longhaul.

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