PUBLICATION DATE: Nov. 2014
First mortgages make up 41.54% or $283.3 billion of the credit union loan portfolio. According to Callahan Associates, that’s a 17% increase from June 2012 to June 2014. But credit unions are not only gaining share, they’re also making creative loans, driving volume, and helping members achieve homeownership. This Callahan Collection presents an array of innovative ways credit unions are making mortgage loans to members.