DALLAS (2/25/11)--CU Members Mortgage has restructured its operations and management team. While all four regional offices will continue to serve credit unions and their members in originating home loans, the management team has been centralized in the company’s Dallas office to oversee direct lending, correspondent lending and sales. As part of this restructuring process, CU Members Mortgage divided its partnership levels to focus on its Mortgage Ease I and II partners, which it now refers to as the direct lending department, and Mortgage Ease III and IV partners, now referred to as the correspondent lending department. With the restructuring, CU Members Mortgage also announced these management changes:
* Matthew Abbink has been named vice president of direct lending; * Randy Shannon has been named vice president of correspondent lending; and * Vice President/National Sales Lorraine Lachapelle will relocate from the California office to Dallas.
CU Members Mortgage provides comprehensive mortgage services to more than 1,000 credit unions, CUSOs and leagues nationwide.