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October 9, 2014

Credit Unions Reach a Milestone in Mortgage Lending: A Market Share North of 10 Percent

By John Bancroft

Back in 2004, credit unions accounted for just 3.2 percent of total mortgage originations. Not anymore.

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Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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