Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Southwest Corporate paper makes a case for mortgages
FARMERS BRANCH, Texas, and DALLAS (5/28/08)--A new white paper released by Southwest Corporate Investment Services, “Making a Case for Mortgages,” suggests that mortgage lending still offers credit unions opportunity. The paper examines the benefits of mortgage lending for credit unions and combats the notion that retaining mortgage originations is too risky, the Texas Credit Union League said (LoneStar Leaguer May 27). Author Joe Arnold also discusses the outlook for mortgage originations this year. Credit quality of credit union mortgage loans is high, interest rate risk is manageable, and current spreads make mortgage lending a valuable opportunity for credit unions, he said.
Other Resources

RSS print
News Now LiveWire
.@VACUL breaks ground for new HQ in Richmond #NewsNow http://t.co/cOC0rqqJ9o
11 minutes ago
White House honors N.M. #creditunion employee for Hispanic fin. lit. #NewsNow http://t.co/22uAEd6ZJ9
15 minutes ago
.@Community1stCU makes art (from hay) while the sun shines (pic 7) via @KCCINews http://t.co/7E2lg09Djw
36 minutes ago
#NewsNow: @WOCCU believes Basel 'weak bank' guidelines could work against co-ops. http://t.co/wrEAORJqhN
1 hours ago
#NewsNow: @usgao wary of @CFPB data collection controls. http://t.co/nupXOVVL8V
1 hours ago