Credit unions are already preparing to grow loan portfolio revenue in 2015.
Credit unions anticipate robust loan growth in 2015. Auto and home equity lending drum up the most demand.
An innovative housing finance company is poised to introduce a new approach to mortgage lending, just when mortgage finance reform has put the future of the 30-year fixed rate mortgage in doubt.
The American dream of home ownership may have taken a hit over the past few years, but GTE Financial in Tampa, Fla., still wants to build mortgage lending into its plans.
Despite the U.S. housing finance market ongoing uncertainty, three credit union mortgage executives painted a largely positive outlook for 2012. Credit Union Times asked their thoughts on what the industry can expect as well as what the mortgage lending expectations in are in local markets.
The coming year's executive committee and officers for the CUNA Lending Council were recently named at the council's annual meeting in Las Vegas.