Member Benefits
Lending Podcast Sponsored Content
Sponsored Content
PODCAST: The benefits of mortgage subservicing
Service can save money and create efficiencies.
Thin margins have credit unions looking for any opportunity to save money and create efficiencies of scale.
One way to do both is with mortgage subservicing, which allows credit unions to outsource all facets of loan administration and compliance, says Peter Sorce, president/CEO of Midwest Loan Services.
Mortgage subservicing gives credit unions “the opportunity to save money yet ensure that members are treated just as well as you would treat them,” Sorce says.
In this episode of the CUNA News Podcast, sponsored by Midwest Loan Services, Sorce explains what mortgage subservicing is and how it can benefit credit unions, what to look for in a subservicer, regulatory challenges related to mortgages, and factors affecting next year’s mortgage lending outlook.
You can listen and subscribe to the CUNA News Podcast in Apple’s iTunes Store, Google Play, and Stitcher Radio.
Cash crop
Cannabis-banking leaders shed light on a growing line of business that has major implications for public safety, financial inclusion, and credit union economics.
Engage members with mobile
Mobile services have become an engine for membership growth and relationship-building.
Tech-savvy boards
The use of portals and remote meeting options is growing among board members.