Callahan & Associates is urging credit unions to pushforward with housing finance programs and aim to write 20% of thenation's mortgage loans.
Credit unions wrote 8% of the nation's mortgage loans in the first quarter of2012, a new high. Callahan's suggested aiming to write 20% of thenation's mortgage loans by the year 2020.
“The window of opportunity is not going to stay openindefinitely. We should set our minds to our new goal and take thefirst steps now,” said Jay Johnson, the Washington-based consultancy's executive vicepresident.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 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.
