Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

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
.@TheNCUA posted resources 2 help consumers protect themselves,take action if they believe they were ID theft victims:http://t.co/HVaikbuT9H
34 minutes ago
.@TexansCU, under conservatorship of @TheNCUA, reported continued growth in 2014. http://t.co/1iWLrhHBGy
2 hours ago
.@TheBuffaloNews picks up @Bankrate's mortgage must-haves with @CUNA personal finance expert Susan Tiffany http://t.co/pEwAgurrAl
3 hours ago
.@AmericaSaves launches excellence in savings designation for #creditunions #NewsNow http://t.co/WzL4BqaWuG #AmericaSavesWeek #ASW15
3 hours ago
#NewsNow Washington DFI adds 'S' to CAMEL rating http://t.co/8OFaN21Vkz
4 hours ago