Lending

Adjustable Rate Mortgage (ARM)

By | Jan. 29, 2019

Join the Credit Union Investment Strategy Group of Oppenheimer & Co. Inc. for the webinar, 2019 Strategies For Continued Rising Rates: The Importance of Adding Floating Rate Investments and Floating Rate Loan Participations.

By Liz Furman | Nov. 13, 2017

Secondary market sales of burgeoning credit union mortgage share remains dominant, but credit unions are selling more loans to each other, too.

Kevin Heal, vice president of Callahan Financial Services, discusses how to use the U.S. Treasury yield curve to price loans.

 

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By Marc Rapport | April 6, 2015

PenFed’s large stake in unusual adjustable rate mortgages helps defend against rate hikes while bolstering its bottom line.

By Rebecca Wessler | April 6, 2015

What are credit unions doing to increase their visibility in the mortgage market?

By Callahan & Associates, Inc. | Jan. 30, 2015

Jon Paukovitch from Ent Federal Credit Union describes the Realtor education classes that propel its successful mortgage origination program.

By Rebecca Wessler | June 17, 2013

State Employees’ Credit Union takes lending decisions out of the hands of automated systems and puts them into the hands of individual financial service officers.

By Parth Kapoor | March 28, 2013

By Rebecca McClay | Oct. 15, 2012

Each mortgage modification a credit union makes to help members avoid foreclosure keeps the housing market in better health.

By Bailey Reutzel | May 14, 2012

PenFed’s 5/5 ARM is a sought-after product but one that takes commitment to efficiency.

By Bailey Reutzel | April 9, 2012

With PenFed’s 5/5 adjustable rate mortgage, members don’t have to worry about payments changing annually.

By Aaron Pugh | Sept. 5, 2011

Products and services drive organic growth and deeper relationships at United FCU.

By Rebecca Wessler | Jan. 25, 2010

Data from fourth quarter shows an increase in adjustable and fixed rate loan balances.

By Rebecca Wessler | Jan. 7, 2010

SECU's effective lending strategy keeps members first and never gets too complicated.

By TransUnion | Jan. 4, 2010

While delinquencies are expected to decrease slowly at the national level, it is important to also understand the impact of market trends at the regional level. Here are 4 suggestions to successfully manage accounts and prevent losses.

By Callahan & Associates | Aug. 3, 2009

A federal savings bank began a fully transactional mortgage product it calls the Green Account and is attracting notice.

By Alix Patterson | April 13, 2009

Starting with the September 30, 2008 call report, credit unions were required to report their loan modification efforts. The data show that not all credit unions are reporting modifications and delinquency the same way but it does point to a growing challenge facing the industry. Here’s a brief look at the numbers in 5 easy-to-understand charts.

By Jay Johnson | Nov. 3, 2008

The ‘credit crunch’ became a ‘credit crisis’ in the third quarter, with consumers finding it increasingly difficult to obtain both mortgage and consumer loans. However, preliminary third quarter data indicates that credit union first mortgage lending activity is up 24 percent year-to-date versus the first nine months of 2007.

By Hunter Moss | Oct. 27, 2008

Developed by a cross-section of credit union stakeholders and spearheaded by the Credit Union Housing Round Table (CUHRT), a working document released today outlines a key credit union mortgage relief initiative.

Partner Perspective
The Seven Deadly Sins

By Mortgage Cadence | Oct. 27, 2008

One need look no further than the Seven Deadly Sins to see why we reached the current world-wide market mess.

By Callahan & Associates | Oct. 13, 2008

Robin Simmons from Desert School CU discusses ways to assist members with mortgage troubles.

By TransUnion | Oct. 6, 2008

Members with adjustable-rate mortgages pose an increased risk. What can you do to better understand and mitigate your risk?

By Dane Coalson | Aug. 11, 2008

All eyes will be on Michael Phelps begins his quest to take home an unprecedented 8 Olympic gold medals. However, the attention of the financial services industry will remain equally glued on the US housing market. Let’s examine 2Q mortgage lending growth among First Look CUs, who will take home the gold?

By Callahan & Associates | July 1, 2008

In un-charted times such as today, credit unions must work together to overcome current challenges and continue to be the most trusted provider of financial services in the nation.

By Sara Gaab | Dec. 24, 2007

3 things credit unions might be taking for fact- debunk the myths.

By Mike Werstuik | Dec. 17, 2007

With ARMs resetting and interest rates falling, credit unions can take advantage of the competition pulling back and increase the public perception of credit unions as a primary mortgage lender.

By Mike Werstuik | Dec. 10, 2007

With credit worries surrounding financial institutions, credit unions are maintaining solid asset quality, but could do better to prepare for losses.

By Mortgage Cadence | Nov. 5, 2007

By stimulating interest in mortgage issues now before financial crisis has landed on your members’ front doors, your credit union can help make a difference.

By Jay Johnson | Oct. 29, 2007

As foreclosures continue to rise, recently released data from the Federal Reserve may help credit unions to identify areas where consumers are most likely to need help with mortgage loans.

By Jay Johnson | Sept. 24, 2007

Data released last week reported that foreclosure filings across the U.S. rose at a double digit pace. Should credit unions expect more foreclosures in their real estate portfolio?

By Nick Connors | Sept. 17, 2007

Credit Unions have a unique position as a balance sheet lender, this fact presents an opportunity to help members as the mortgage market struggles.

By Mike Werstuik | Sept. 17, 2007

With the Fed poised to take action to ease the credit crunch that has overtaken the financial industry, credit unions continue to weather the storm and show their value to members through products and services designed to help them through these rough times.

By Lydia Cole | Sept. 10, 2007

Mortgage lending has remained in the headlines throughout the credit crunch. Credit union delinquency rates offer another perspective on the situation.

By Mike Werstuik | Aug. 20, 2007

As news on subprime mortgages continues to flood the headlines, credit union mortgage quality remains high, even in interest only and payment option mortgages.

By Ryan Sherwin | Aug. 13, 2007

With 168 First Look credit unions reporting second quarter data, credit unions continue to outperform the market in mortgage originations.

By Fannie Mae | July 9, 2007

In the wake of the subprime fallout, here are four steps to offering sustainable homeownership solutions to new and refinance borrowers.

By Mary Royston | May 14, 2007

One of the biggest players in home mortgage finance has announced a no fee first mortgage product. The implications for credit unions are momentous.

By Jon Jeffreys | April 2, 2007

Increasing competition for A and B paper creates a subprime opportunity for credit unions – if priced properly and focused on member value.

By Paul Seizert | Oct. 23, 2006

A patent-pending financial product called the Ratchet Mortgage creates member value by capturing the benefits of refinancing, without transaction costs and traditional rate-shopping.

By Marissa McGee | Oct. 9, 2006

Recent data released by Prime Alliance shows credit unions are in line with current mortgage industry performance.

By Debra Sondak | Aug. 14, 2006

Mortgage-backed securities can offer juicy yields, but require careful attention and selection to balance return and risk.

By Tom Geggel | Aug. 7, 2006

Several sources indicate that the housing market is flattening. However, it will be important to monitor foreclosures as rates reset.

By Tom Geggel | July 10, 2006

There are conflicting accounts as to how the housing market will land as it comes off of its recent bubble. One study suggests a soft landing while another warns of a severe correction.

By Mortgage Cadence | May 15, 2006

Credit unions exist to help members confront their toughest economic challenges and improve their financial well-being. Anne Myrick is just one of the many success stories.

By Tom Geggel | Dec. 12, 2005

Will the boom continue or is a real estate market slowdown on the way? Experts predict a return to a moderate appreciation rate in the short-term, however ambiguity remains.

By Tom Geggel | May 9, 2005

Today is a new era in mortgage lending. Rather than choosing a 15 or 30-year fixed rate mortgage, prospective homeowners are looking at non-traditional options.

By Tom Geggel | April 25, 2005

Credit union executives are reporting that members are choosing adjustable rate mortgages over fixed rate products, even in today’s rising rate environment.

By Mike Philbin | March 28, 2005

Credit unions attending the Financial Solutions Symposium in Orlando were given the opportunity to hear a leading Wall Street analyst’s outlook for the mortgage-backed securities market – and the impact this sector will have on their business.