Volume 2014 - Number 38
October 9, 2014
Downloads Available: Top Federally Insured Credit Union Mortgage Originators - 6M14
Credit Unions Stake Bigger Claim in 2014 Mortgage Originations Market, Aided by Home-Equity Focus
Credit unions have been slowly expanding their share of new mortgage originations for the past decade, but in 2014 the industry crossed a symbolic threshold, according to a new Inside Mortgage Finance analysis of call-report data. For the first time, the credit union industry owns a double-digit share of new originations. The industry originated $30.0 billion of home mortgages during the second quarter – or 10.2 percent of the $295.0 billion in total mortgage originations for the period. Back in 2004, credit unions accounted...[Includes one data chart]
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