Fannie Mae has a new mortgage offering called HomeReady Mortgage, designed for creditworthy, low- to moderate-income borrower. It allows expanded eligibility for financing homes in designated low-income, minority, and disaster impacted communities.
Financial technology think tank Best Innovation Group has partnered with credit union strategic consulting firm Kordeleski Consulting to complement its technology services with Kordeleski’s strategic insight.
Strategic Link, the wholly owned subsidiary of the Northwest Credit Union Association, and LEVERAGE, an affiliate of the League of Southeastern Credit Unions, announced a partnership to provide human resource (HR) services to Northwest credit unions.
LSC and CUNA Strategic Services signed an agreement to add CU Mobile Apps to the existing prepaid card portfolio of solutions. CU Mobile Apps is a mobile application designed specifically for credit unions and fully functional with all major mobile smart phones and tablets.
Corporate One FCU, Columbus, Ohio, reports that over the past three years the number of its member credit unions offering their small business members or select employee groups ACH origination services has more than doubled, increasing to more than 100 business originators at year-end 2014 from 48.