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  I for one am feeling a Credit Unions are being treated like Rodney Dangerfield these days. For a number of reasons, mortgage bankers from many circles aren’t getting much respect these days. In fact, mortgage brokers have joined the ranks of lawyers as one of the most hated professions. With millions of homeowners falling into foreclosure,... 07-21-2008 9:30 AM by bdorsa to Bob Dorsa, ACUMA President Filed under: ACUMA is Making Things Happen in CU Mortgage Lending.

• 0 Comments 339 Views

  “We are Close to 20% Market Share. and Here’s How We Did It” Tim Sciborski, SVP Community First Credit Union in Appleton, WI writes... "We have always been a strong mortgage lender but this year has seen an increase in market share. The opportunity exists. All you have to do is go for it! The support of your... 07-21-2008 9:24 AM by bdorsa to Bob Dorsa, ACUMA President Filed under: Networking is Key to ACUMA Membership

• 5 Comments 513 Views

  Looking at ways to keep making high LTV loans and mitigate risk. Tim Mislansky, Senior Vice President - Wright-Patt Credit Union President - Wright-Patt Financial Group would like to ask the following question... In order to continue to make high LTV loans his CUSO is looking for new programs that achieve their goal... 07-07-2008 7:14 AM by bdorsa to Bob Dorsa, ACUMA President Filed under: Networking is Key to ACUMA Membership

• 7 Comments 802 Views

  In our last exam the NCUA required that we create a policy and start monitoring non-owner occupied real estate loans according the regulatory requirements (Part 723.6 g) for Member Business Loans. This subject was submitted by Doris Ortiz, Vice President - Lending CBC FCU in CA. Doris asks... "In our last exam the NCUA required that we create a policy and start monitoring non-owner occupied real estate loans according the regulatory requirements... 04-14-2008 1:58 PM by bdorsa to Bob Dorsa, ACUMA President Filed under: Networking is Key to ACUMA Membership

• 6 Comments 808 Views

  Attracting Members for conventional 3/1 & 5/1 ARM's Using Discounted Initial Rates The following question was submitted by Victor Petroni, SVP Lending, First New England FCU and President, Mortgage Markets CUSO, LLC. My question has nothing to do with the CU 1st mortgage penetration issue although I think it is a good one! I am seeking... 04-04-2008 10:59 AM by bdorsa to Bob Dorsa, ACUMA President Filed under: Networking is Key to ACUMA Membership

• 3 Comments 841 Views

  Our First Blog - Penetration of Existing Member Mortgage Loans Good day... Welcome to the first of our ACUMA Blogs...ACUMA takes another big step in the world of Credit Union mortgage lending networking... I would like to begin with the topic of CU Mortgage Loan Penetration Percentage . For as long as I can remember... 03-09-2008 11:40 AM by bdorsa to Bob Dorsa, ACUMA President Filed under: ACUMA is Making Things Happen in CU Mortgage Lending