Credit unions in some parts of the country are facing a severe drop in the availability of housing finance professionals and have begun to train and promote from within to meet their mortgage lending needs, according to credit union executives and consultants.

“The fact is, [mortgage lending] has become a more highly specialized field and the people who are knowledgeable about it and have the right skills are often too highly priced for credit unions to get,” explained Alissa Sykes, director of mortgage lending at the $374 million, 45,000-member Sunmark Federal Credit Union in Latham, N.Y.


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