As part of a plan announced last fall, myCUmortgage announced Tuesday that Beavercreek, Ohio, CUSO has begun servicing new mortgages for credit union partners.
MyCUmortgage, which is wholly-owned by Wright-Patt Credit Union ($3.5 billion in assets, 332,205 members), also based in Beavercreek, has been providing services that allow partners to originate mortgage loans since 2001. Tim Mislansky, myCUmortgage's president, said partners have been pressing the CUSO for years to provide servicing, rather than having it handled by a subcontractor.
"For nearly two years, we've built a team of mortgage servicing professionals and infused them with credit union values," Mislansky said. "We have selected great technology tools, developed member-friendly processes and procedures and performed extensive testing."
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