CDCU Mortgage Center Gets Internet LoanOrigination Platform

Register now

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.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER