Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU Members Mortgage Names Mortgage Elite Program CU Winners
DALLAS (11/14/13)--Credit union mortgage services provider CU Members Mortgage has named the winners of its annual Credit Union Elite Partners Club program for its 2012-2013 fiscal year.
 
The winning organizations' achievements were based on CU Members Mortgage's scorecard process, which evaluates its partners' mortgage department annual performances.  The credit union organizations that met their goals include:
 
  • Mortgage Ease 1--Credit Union of Texas, Dallas;
  • Mortgage Ease 2--Riverland CU, New Orleans;
  • Mortgage Ease 3--Eli Lilly FCU, Indianapolis;
  • Mortgage Ease 4--Security Service FCU, San Antonio;
  • Top Credit Union League--Cornerstone Credit Union League;
  • Marketing Achievement--Louisiana Credit Union League; and
  • Marketing Achievement--League of Southeastern Credit Unions.
 
The scorecard process was developed to emphasize how credit unions evaluate the progress, effectiveness, and quality of their mortgage programs.
 
The scorecard takes into account factors such as the ratio of home loans that are purchased compared to home loans being refinanced, average borrower FICO scores, a low percentage of early payoffs and a miniscule default ratio. Additionally, credit unions score points for innovative marketing initiatives and attending educational training sessions.


RSS print
News Now LiveWire
Worldwide #creditunion growth: Nearly 57K CUs now serve 208M members #NewsNow http://t.co/vrSv3Gvp7X
45 minutes ago
July issue of @TheNCUA Report is now available at: http://t.co/UD8EP3vr2E.
2 hours ago
The Hill reports frmr Rep. Barney Frank will defend Dodd-Frank Act tomorrow at House Fin Serv hearing on impact 4 yrs after enactment.
3 hours ago
.@pressrepublican lauds @DannemoraFCU for shred fest: 'truly important in this era of identity theft' http://t.co/hnJUBO1iSR
3 hours ago
Consumers stashing #cash in checking accounts: Moebs #NewsNow http://t.co/WPaPkzHufK
3 hours ago