The latest from Mike Corn

Nov 13, 2013 - by Mike Corn, CU Realty Services

The housing market post-shutdown: aftershocks or just road bumps?

As the government shutdown took hold last month, the housing market was rightly concerned. A disproportionately high number of residential mortgage transactions rely on the federal government, as well as ...

Oct 9, 2013 - by Mike Corn, CU Realty Services

When renters are ready to buy, is your credit union ready to lend?

In your efforts to grow purchase mortgages, don’t overlook rental households – a population 38-million strong with a growing desire to be home owners. Renters: seeking the dream of home ...

Sep 13, 2013 - by Mike Corn, CU Realty Services

Cruising Down the Purchase Mortgage Highway

There’s a lot of talk and debate going on about the future of the home mortgage market and interest rates. A recent Bankrate.com Mortgage Rate Trend Index Report ...

Aug 19, 2013 - by Mike Corn, CU Realty Services

Game Changer: Help Members Find Homes – Not Just Finance Them

Is your plan complete for growing purchase mortgages at your credit union? If you’re not there when members start their home searches, it could be “game over.” Sure, it’...

Jul 11, 2013 - by Mike Corn, CU Realty Services

Housing Market Showing Signs of Improvement: Is Your Credit Union Ready?

While few are comfortable making long-term predictions on the housing recovery, given today’s delicate economy, there have been positive signs that the real estate market is improving. Both credit ...

Jun 11, 2013 - by Mike Corn, CU Realty Services

Life’s “Big Moment” Events Often Lead to New Home Loans

Some of our biggest financial decisions – such as taking on a mortgage – are triggered by major life events. Personal milestones like having a baby, starting a new job or getting ...

May 13, 2013 - by Mike Corn, CU Realty Services

Future of Credit Union Mortgage Business? First-time Homebuyers

Move over refinancers … make way for first-time home buyers. Earlier this year, Mortgage Cadence wrote an article for summarizing a prediction by the Mortgage Bankers Association: Not only is the ...

Apr 11, 2013 - by Mike Corn, CU Realty Services

The Lifecycle of a Home Buyer: What Credit Unions Need to Know

Did you know the average time between when a member starts thinking about buying and actually purchases a property is 18 months? by. Mike Corn, CU Realty Services On the ...