Leominster Credit Union hosts mortgage lending training session
LEOMINSTER, MA (October 25, 2018) — Leominster Credit Union (LCU), in conjunction with Genworth Mortgage Insurance, hosted its second Regional Mortgage Lending Training for local credit unions. Genworth’s National Trainer, Mary Kay Scully presented the topics covering appraisal review and income analysis. Over 30 participants attended the training with representation from 14 Credit Unions.
LCU anticipates hosting an additional session in Februarytitled, “Are You Smarter Than An Underwriter?” This session will be an interactive course engaging participants in the review of the following key areas: Credit, Income, Collateral, Liabilities, Assets, Fannie Mae’s HomeReady®, and Freddie Mac’s Home Possible. Date and time of this session to be announced.
Mortgage Lending Training held at LCU headquarters
About Leominster Credit Union
Founded in 1954, Leominster Credit Union (LCU) is a member-owned, not-for-profit financial cooperative with a full range of deposit, lending and other financial services. Headquartered in Leominster, Massachusetts, LCU is proud to claim nearly 50,000 members and more than $700 million in assets. LCU has seven branch locations in Leominster, Clinton, Holden, North Leominster, Sterling and Worcester with ATM services at all branch locations. LCU also provides 24-hour banking via Mobile and Online services. Visit leominstercu.com or call 800-649-4646.