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.
Some underwriting and belt-tightening, staffing and product changes are part of the response as swiftly rising rates roil 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.
Supply still lags demand but price hikes are slowing, and a lot has changed in the past 15 years.
The new ACES Consumer platform from ARMCO automates audit and compliance processes while adding visibility and efficiency.
How Northwest Community Credit Union created a home equity product that offers members the last home loan for which they’ll ever need to apply.
A South Carolina credit union expands its relationship with Habitat for Humanity and plants a stake in community service.
KeyPoint Credit Union offers a range of loan products to help members enter the housing market.
Targeted promotions generate enough volume to make up for the smaller margin on home equity lines at SECU of Maryland.
Credit unions used creative ways to serve new markets and members throughout 2016, and they survived the first year of some dramatic document changes.
While home equity lines of credit and second mortgages account for a smaller portion of real estate loans, consumers are using them to a great extent.
How Member Loyalty Group grows credit unions’ ability to understand and act on feedback through AI-powered analytics.
Although the industry is chock-full of foundations, some institutions rely on donor-advised funds as a pathway to giving back.
The Fortera Foundation is breaking the cycle of generational poverty by providing essential resources and financial aid to single-parent students.
The United Nations FCU Foundation helps the New York-based credit union make an impact on multiple continents.
The regulator’s Community Development Revolving Loan Fund distributed $3.8 million in grant funding last year, benefitting more than 140 credit unions.
Five years after launching a successful mortgage digital campaign, the New York-based credit union has expanded into other business areas.
After two large Minnesota credit unions merged, staff set to work creating a new brand identity.
Three seasoned marketers share tips and tactics to turn everyday sponsorships into avenues for connection and prosperity.
Marketing spend is up since the onset of COVID-19, but fewer institutions are pursuing new identities, choosing instead to embrace familiarity.
Technology partnerships offer a path to innovation and enhanced member service.