RANCHO CUCAMONGA, Calif. (5/29/13)--CO-OP Financial Services Tuesday introduced CO-OP Mortgage Solutions, a suite of mortgage lending services for credit unions that combines technology applications, legal/regulatory expertise and call-center support.
"Mortgage lending is a cornerstone product for credit unions, yet building the in-house capacity to support mortgage portfolios and keeping up with complex regulatory mandates can be difficult for many institutions," said Stan Hollen, CO-OP Financial Services president/CEO. "CO-OP Mortgage Solutions brings technology, expertise and availability to credit unions needing a comprehensive and cost-effective mortgage offering to grow and retain membership."
The CO-OP Mortgage Solutions suite includes four services:
CO-OP Financial Services is offering CO-OP Mortgage Solutions in partnership with LenderLive Network Inc., Glendale, Colo., and will operate services via CO-OP Member Center, a wholly owned subsidiary of CO-OP Financial Services based in Fort Worth, Texas.