ACUMA Community

Welcome to ACUMA Community Sign in | Join | ACUMA
in Search

Bob Dorsa, ACUMA President

June 30th Report Mortgage Loans more than 53% of ALL CU Loans O/S

What does this tell us when 53% of all CU loans are mortgages and our market share is still below 6%? Add to this Tuesday July 28th Case-Shiller Index UP for the first time in three years? Does anyone else feel housing may be bottoming?  CUs take note. Our window of Opportunity just closed a bit? 

Comments

 

Scott Norris said:

We're having our best year with purchases and got good news from Data Quick last month.  For the first time in 40 months the San Diego median home price increased .5%.  Still a lot of potential REO and short sale inventory that needs to be moved, but good news just the same.

December 2, 2009 9:07 AM

Leave a Comment

(required) 
(optional)
(required) 
Submit