#2856: Mortgage Monthly Covers 'Disruptions Affecting Today's Credit Union Mortgage Lending'...

mortgagemonthly_march2022.mp3
File Size:	24090 kb
File Type:	mp3

Download File

---

Be sure to watch the entire livecast recording located below the show notes.

CU Members Mortgage's Executive Sales Consultant Desiree Hessel joined us for this month's Mortgage Monthly LIVE to share her insights on disruptions affecting today's credit union mortgage lending practices.

Some of those disruptions Desiree discussed included higher rates, higher home prices, lack of inventory, high-priced materials to build homes, outrageous bidding wars, etc.

She also addressed how the high cost of living in today's high-inflation environment has placed a big burden on would-be homebuyers. In addition, there are the cash buyers that immediately knock out the traditional homebuyers, which throws a wrench in to the process, as well.

But Desiree doesn't leave us without some solutions to these current disruptions credit unions and their members are experiencing. She delivers plenty of creative options on which credit unions to educate their members.

Really good information and takeaways here from Desiree, as she also shares some person experiences in this area being a former credit union loan originator at Patelco Credit Union. She plenty of real-world examples to share.

Check it out and let us know your thoughts. And be sure to watch the entire livecast recording below for all the details.