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Friday, November 13, 2015

Credit Union Mortgage Market Share Rises


In an analysis of 2014 data collected under the Home Mortgage Disclosure Act, the credit union consulting firm Callahan & Associates identified 10 metro areas where credit unions originated over 30 percent of total mortgage loans. According to the report, credit unions in Waterloo and Cedar Rapids, Iowa, originated 44 percent of the area's home loans last year. Also on the list were La Cross, Wis.-Minn.; Pocatello, Idaho; Iowa City, Iowa; Appleton, Wis.; Saginaw-Saginaw Township North, Mich.; Utica-Rome N.Y.; Anchorage, Alaska; and Cumberland, Md.-W.Va. Callahan found that credit unions' overall market share climbed 0.3 percent last year, even as overall mortgage originations declined.

From "Credit Union Mortgage Market Share Rises"
Credit Union Times (11/11/15) Morrison, David

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