Lending

First Mortgages

By Umberto Donda | Sept. 7, 2022

Macroeconomic shifts drove changes in member demand, which impacted top-level credit union metrics.

By Marc Rapport | Aug. 1, 2022

Some underwriting and belt-tightening, staffing and product changes are part of the response as swiftly rising rates roil the housing market.

By Roman Ojala | Aug. 1, 2022

The U.S. is experiencing a shortage of homes amid record demand, which is likely to have an impact on mortgage lending moving forward.

 

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By Marc Rapport | July 25, 2022

Supply still lags demand but price hikes are slowing, and a lot has changed in the past 15 years.

By Aaron Passman | June 27, 2022

First mortgage originations at credit unions have risen substantially in the last decade, a period in which median home values have nearly doubled.

By Sharon Simpson | June 6, 2022

GreenState Credit Union has committed $1 billion toward home loans for communities of color. CEO Jeff Disterhoft is rallying the entire industry to take similar steps.

By Sharon Simpson | June 6, 2022

The Wyoming-based credit union is testing a program that rewards members for contributing to a fund to help other members more easily afford a down payment on a home.

By Rebecca Rowold | June 6, 2022

Credit unions across the country have rolled out programs to create better days in their communities.

By E.C. Harrison | June 6, 2022

A program at Carolina Foothills FCU targets low-income borrowers with flexible underwriting practices, financial education, and partnerships with public, private, and nonprofit groups.

By | March 28, 2022

Larger average mortgage balances have offset the reduced pipeline, and credit unions are holding these loans on their balance sheets at greater rates.