Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CUSO helps Affinity Plus sell 140M in mortgages
DENVER (1/20/12)--Mortgage Liquidity Solutions LLC (MLS), a multi-credit union owned credit union service organization (CUSO), has sold a $140 million portfolio of residential first mortgage loans using a loan participation structure for $1.5 billion asset Affinity Plus FCU, St. Paul, Minn.

Created in 2011, MLS provides liquidity solutions to credit unions and CUSOs for their residential mortgage lending programs.

The company assists credit unions with the sale of loan pools and provides liquidity via warehouse lines of credit to fund the sale of loans to approved take-out investors.


RSS print
News Now LiveWire
#NewsNow: CU leagues of 5 states call for merchant breach accountability http://t.co/lnmpna8AoV
12 hours ago
Worker's CU, Fitchburg, Mass., was 1 of 5 CUs recognized with a 2014 @CUNA Technology Council Excellence in Technology Award
13 hours ago
.@Servicecu was 1 of 5 CUs recognized with a 2014 @CUNA Technology Council Excellence in Technology Award.
13 hours ago
SACU of San Antonio was 1 of 5 CUs honored with a 2014 @CUNA Technology Council Excellence in Technology Award
14 hours ago
Credit report tips from @CUNA's Susan Tiffany at @RISMediaUpdates http://t.co/ezefKXwWjw
14 hours ago