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A monthly collection of Callahan content that, together, addresses a single topic from a variety of perspectives.
Financing properties for renovation requires a thorough understanding on behalf of borrowers.
Products and services drive organic growth and deeper relationships at United FCU.
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Intuitive product development and positioning helped turn on the tap for new lending in a Florida community.
With flexibility and action-based thinking, Member First Mortgage helps its members manage all of their mortgage needs.
The first half of the name is one of the most important functions credit unions serve today—to provide loans.
The rapid growth of the reverse mortgage market is putting the loan under the spotlight.
A recent graph expertly presented and artfully delivered all that's transpired in the capital markets over the past two years in one painfully simply, yet poignant representation.
Ent Credit Union ($2.4B, Colorado Springs, CO) has seen significant growth and opportunity in their FHA program.
Credit unions are now recording some of the best mortgage lending results ever. Learn five ways your credit union can continue this momentum.
Considerations your credit union should take on the conforming loan limits in Congress' Economic Stimulus Package.
The secondary market is now interested in securitizing reverse mortgages. With an 881% growth rate in endorsed loans since FY 2001, the product is now poised for even greater popularity.
If current trends hold, reverse mortgages will have grown 774 percent in five years. Although few credit unions currently offer reverse mortgages to their members, the program can be a win-win for both parties.
Seniors are increasingly using reverse mortgages to finance temporary cash flow needs. As the volume of home purchase originations and refinances continues to decrease, offering reverse mortgages may offer credit unions a way to boost their mortgage business.