A Credit Union Resolution for 2013: A Bigger Share of the Purchase Mortgage...
By Mike Corn, CU Realty Services Right now, there’s a good deal of momentum driving the growth of credit unions’ purchase mortgage business – low home prices, even lower interest rates, and savvy...
View ArticleFear Not: Credit Union-Realtor® Relationships Can be a Good Thing
By Mike Corn, CU Realty Services When it comes to growing your mortgage volumes, is fear keeping you from engaging local Realtors®? Admittedly, many credit unions are skeptical of partnering with real...
View ArticleThe Lifecycle of a Home Buyer: What Credit Unions Need to Know
Did you know the average time between when a member starts thinking about buying and actually purchases a property is 18 months? by. Mike Corn, CU Realty Services On the surface, this year-and-a-half...
View ArticleFuture of Credit Union Mortgage Business? First-time Homebuyers
Move over refinancers … make way for first-time home buyers. Earlier this year, Mortgage Cadence wrote an article for summarizing a prediction by the Mortgage Bankers Association: Not only is the...
View ArticleLife’s “Big Moment” Events Often Lead to New Home Loans
Some of our biggest financial decisions – such as taking on a mortgage – are triggered by major life events. Personal milestones like having a baby, starting a new job or getting married tend to prompt...
View ArticleHousing Market Showing Signs of Improvement: Is Your Credit Union Ready?
While few are comfortable making long-term predictions on the housing recovery, given today’s delicate economy, there have been positive signs that the real estate market is improving. Both credit...
View ArticleGame Changer: Help Members Find Homes – Not Just Finance Them
Is your plan complete for growing purchase mortgages at your credit union? If you’re not there when members start their home searches, it could be “game over.” Sure, it’s important to build awareness...
View ArticleCruising Down the Purchase Mortgage Highway
There’s a lot of talk and debate going on about the future of the home mortgage market and interest rates. A recent Bankrate.com Mortgage Rate Trend Index Report showed expert opinions were split – 33...
View ArticleWhen renters are ready to buy, is your credit union ready to lend?
In your efforts to grow purchase mortgages, don’t overlook rental households – a population 38-million strong with a growing desire to be home owners. Renters: seeking the dream of home ownership...
View ArticleThe housing market post-shutdown: aftershocks or just road bumps?
As the government shutdown took hold last month, the housing market was rightly concerned. A disproportionately high number of residential mortgage transactions rely on the federal government, as well...
View Article
More Pages to Explore .....