First Mortgages

Industry Insights

5 Takeaways From Trendwatch 2Q 2022

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

How Credit Unions Are Coping With Surging Mortgage Rates (Part 1)

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

What’s Next for the Housing Market?

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

Are We In A Housing Bubble? 5 Credit Union Leaders Weigh In

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

Mortgage Originations Rise Gradually Amid Surge In Home Values

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

A Call For Cooperatives To Close The Racial Homeownership Gap

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 ...
Features

Crowdsourcing For A Cause: How Blue FCU Plans To Ease The Down Payment Pinch

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 ...
Features

5 Ways Credit Unions Are Fighting The Affordable Housing Crisis

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

Inclusive Lending For First-Time Homebuyers Turns Dreams Into Reality

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

Industry Performance: Loans (4Q21)

Lenders reported a record year for originations in 2021 despite rising asset prices and rates increases, both of which were substantively driven by inflationary pressures. ...
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