What’s brewing in the Hispanic homeownership market for 2022? A handful of recent studies published in October 2021 provide a beneficial overview of this expanding buyer and seller segment.
 

Remember those special refinance programs introduced by Fannie Mae and Freddie Mac this past summer to help two million eligible low and moderate-income homeowners decrease their monthly payments?

There’s a lot of homebuying and selling taking place in the U.S. suburbs and exurbs, and the COVID-19 pandemic has only intensified the situation. Why is this trend great for your credit union’s mortgage business?

At the end of each mortgage transaction, we are given the opportunity to be a part of the most exciting part of buying a home—receiving the keys. The excitement can often be clouded by unnecessary anxiety and stress of signing dozens of documents, but this can easily be controlled by the loan officer’s communication.

In our continuing monthly video interview series of Mortgage Monthly, broadcast live on CUbroadcast, we feature Vice President of Sales Keith Kasmire discussing current mortgage trends and battling the appraisal challenge.

Right when the purchase-mortgage market was poised to start crowding out refinances, the stars may have aligned to pump up refi activity yet again. Credit union mortgage professionals and marketers can act now.

New refinance options recently announced by Fannie Mae and Freddie Mac are geared to help eligible borrowers save approximately $1,200 to $3,000 per year on mortgage payments depending on their circumstance.

In our continuing monthly video interview series of Mortgage Monthly, broadcast live on CUbroadcast, we feature Executive Sales Consultant Joe Polaski discussing outside the box portfolio lending for credit unions. 

Choose specific times in the loan cycle you want to ask members about - and make sure you do so succinctly and directly.