News

Despite the benefits, credit unions offering mortgage services have realized from the past two years' record low rates, some CUs are still reluctant to offer them. Hear from those involved with mortgages and other related news on pages 20-22.

TUKWILA, Wash. - If mortgage technology has made originating and processing mortgages easier, why don't more credit unions offer the product that CU experts agree is key to credit unions building other lending relations with their members? The answer is quickly becoming apparent to Prime Alliance Solutions Executive Vice President...

WASHINGTON - The Department of Housing and Urban Development, responding to criticism from members of Congress and various financial services-related organizations - including CUNA - to the first version of its proposed rule reforming the Real Estate Settlement Procedures Act (RESPA), has gone back to the drawing board to try...

MADISON, Wis. - First quarter 2003 data for CUNA Mutual Mortgage Corp. shows the company is benefiting from continued low mortgage rates and mortgage traffic, just like the rest of the credit union industry. As of April 30, CUNA Mutual Mortgage had 98,888 loans in its servicing portfolio, worth $9.8...

COLORADO SPRINGS, Colo. - Glenn Strebe has watched this city in central Colorado ride out the ups and downs of the mortgage market and the local economy. The president/CEO of Air Academy FCU chalks it all up to what he says is key to a successful mortgage program: you have...

Even with leases extended by Northwest Airlines, NWA FCU is actively trying to find other facility space. Page 4.