map of the U.S. showing credit union mortgage originations rose more slowly in 2020's fourth quarter than previously believed.

The future looks brighter this year for mortgage originations in the latest forecast released Monday by the Mortgage Bankers Association.

However, the past looks a little dimmer for credit unions as the MBA raised its estimate of total originations in 2020, lowering the share for credit unions and showing credit unions' increase for the year was smaller than other lenders — not larger as it appeared compared with the previous, smaller total.

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.
NOT FOR REPRINT

© 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.

Jim DuPlessis

A journalist for decades.

Lending