Aug. 14, 2012


Comments

 
 
 
  • Credit Unions have come along way - it seems like yesterday that we were struggling to attain a 2% market share! One question; if CU's are retaining 7.8% and selling just over 50% - who is getting the other 40%? If we are to be really successful we need to keep our business within the credit union family or sell to GSE's and keep the servicing relationship. Credit unions continue to feed too much business to banks and mortgage companies instead of working with other credit unions and CUSO's!
    Victor Petroni
     
     
     
  • Credit Unions have come along way - it seems like yesterday that we were struggling to attain a 2% market share! One question; if CU's are retaining 7.8% and selling just over 50% - who is getting the other 40%? If we are to be really successful we need to keep our business within the credit union family or sell to GSE's and keep the servicing relationship. Credit unions continue to feed too much business to banks and mortgage companies instead of working with other credit unions and CUSO's!
    Victor Petroni
     
     
     
 
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