The value of mortgage subservicing
In the past several years the increased regulatory requirements to the mortgage process has forced credit unions to focus on dedicating resources to meet the burden of compliance. CU Servnet helps credit unions meet their regulatory obligations while also preserving the personal touch that distinguishes credit unions in the financial services marketplace.
Executive Director of CU Servnet and Senior Vice President of Business Development at Cenlar Lori J. Pinto, CMB spoke to Credit Union National Association News Podcast about the current market outlook for credit unions, how they can stay competitive and how we expect to see more credit unions shift to outsourcing their mortgage portfolios in this ever changing regulatory environment. Listen to the podcast here.