CDCU Mortgage Center Gets Internet LoanOrigination Platform

July 21, 2005, 1:00 a.m. EDT 1 Min Read

NEW YORK - (07/21/05) -- The National Federation of CDCUssaid its newly developed CDCU Mortgage Center has signed withMortgagebot to offer the company's co-branded loan originationwebsite to community development credit unions. The MortgageCenter, a joint venture between the Federation, PHH Mortgage and CUPartners, was introduced earlier this year to give CDCUs and othercredit unions another option for selling their mortgages on thesecondary market.

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