September 22, 2017, Addison, TX – CU Members Mortgage, a leading mortgage aggregator in the credit union market, will hold a free Fundamental Mortgage Lending Training Session for Mountain West area credit unions October 4-5, 2017, in Cheyenne, Wyoming. CU Members Mortgage Executive Sales Consultant, Carrie Fenwick, and Arch Mortgage Insurance Company (Arch MI) Account Executive for the Mountain West region, Nate Halverson, will host the training session, covering essential lending topics.
Some of the topics to be covered will include:
- Global financial literacy test
- Financial literacy/wellness/advocacy
- Mortgage fraud and red flags
- Enhancing the member experience and increasing purchase money business
- Seizing market share
- Self-employed borrower overview
According to Fenwick, this onsite training will guide the attendees through what can be complicated tax returns and self-employed borrowers income. “We hope that after these sessions attendees have a better grasp on the intricacies of these topics,” she says.
Fenwick adds that she and Halverson will also guide attendees through all aspects of a loan file so this process becomes second nature to them as they begin to scrutinize loans and assist members in their mortgage journey.
“We hope to add useful tips and knowledge for those attending so that they can come away from the event with some tools that not only aid their own workload but also increase the member’s experience thereafter,” Fenwick says.
The training will benefit not only the frontline originator teams but also key leadership at the credit union. For example, there will be a session devoted to enhancing the member experience and increasing the purchase money, which will benefit all.
Additionally, the training will help credit unions boost marketing efforts to aid them in capturing more mortgage transactions, as it’s important for them to support their market as a financial institution that excels in offering home ownership opportunities and financial wellness to their members through mortgage products.
“The lending world is ever changing, and we know that as first lien mortgage experts sometimes it can be a challenge to stay ahead of the curve,” Fenwick explains. “Any opportunity CU Members Mortgage has to educate, nurture, and grow confidence – and elevate credit unions to the next level – is enthusiastically accepted.”
About CU Members Mortgage
CU Members Mortgage provides comprehensive mortgage services to credit unions and CUSOs nationwide. Founded in 1982 as a division of Colonial Savings, a federally chartered thrift, CU Members Mortgage originates more than $1 billion in FHA, VA, and Conventional loans each year. With a portfolio of $26 billion, Colonial is one of the largest servicers of mortgage loans in the United States. The company is privately held and has offices located nationwide. For more information, visit www.cumembers.com.