With all the craziness going on with the banks, fewer and fewer are providing mortgage and home-equity loans; but, as I understand it, credit unions still have plenty of money to lend to prospective homebuyers.

I actually saw a commercial from my own credit union recently and even though it was a little weird…its star is a penguin hand puppet…. It’s good to see they are trying to get the word out.

But where is everyone else? (more…)

The loan files at BECU are empty, in fact, for the past year, they have been non-existent.

Washington’s largest credit union began offering members the state’s first “paperless” mortgage about a year ago and the program has been a remarkable success.

Last month Joe Brancucci, executive vice president and chief lending officer at $8.5 billion Boeing Employees Credit Union filled an ACUMA (American Credit Union Mortgage Association) audience in on details about how BECU pioneered an entirely paperless mortgage experience. (more…)