Origination

Mortgages may be a vital growth product for credit unions, but are not a sector of the financial services market to be entered into lightly.

We're hearing the “new urbanism” may change the underwriting for home loans, especially if millennials maintain their preference for city living.

State housing finance agencies and their mortgage programs are being affected by the federal government shutdown that is making it more difficult for lenders to verify borrowers’ income and Social Security numbers.

One issue at the American Credit Union Mortgage Association's recent annual conference in Las Vegas seemed especially relevant: When it comes to mortgages, where do credit unions go from here?

Richard Jungen, the founder of Central States Mortgage Co., along with three associates, was charged in a federal indictment with a scheme to defraud the CUSO’s 25 credit union investors by siphoning more than $9 million to themselves.

Because traditional credit scores can be inadequate, more and more lenders should be turning to supplemental FCRA-compliant data to paint a more accurate picture.

Despite a predictable drop in refinance activity as interest rates rise, Patelco Credit Union is posting strong mortgage numbers thanks to an increased emphasis on jumbo mortgage products.

As interest rates continue to rise, the mortgage refinance landscape has been severely altered.

Accredited Mortgage Loan REIT Inc. is making a partial liquidating distribution to the holders of its 9.75% Series A Perpetual Cumulative Preferred Stock of $1.50 per share.

The risky loans that helped cause the U.K.’s real estate crash are making a comeback as cash buyers from abroad limit lending opportunities in London and banks instead venture into the weakest markets.