Credit Unions May Cease, Reduce Originations
Some 44% of credit unions said they will stop originating non-qualified mortgages and another 44% will reduce originations as a result of the Consumer Financial Protection Bureau’s new qualified mortgage rule, according to a survey of National Association of Federal Credit Unions.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast