#1063: NAFCU's Hunt Shares How Zillow Entering the Mortgage Lending Business Impacts Credit Unions...
Last week real estate locator website Zillow announced it would be entering the mortgage lending business. And today Square announced a new debit card that could pose a serious threat to financial institutions worldwide. So what does all this mean when non-traditional organizations (a.k.a. disruptors) enter the financial services arena?
We find out in this candid chat with NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt, as she explains the ramifications for this growing trend.
Carrie discusses how these companies are managing to enter the financial services marketplace, as well as providing advice for credit unions on how they should react -- if at all.
Check it out and let us know your thoughts.
And tune in next week when we have Carrie on again to discuss NAFCU's 2019 advocacy plans for credit unions.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.