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CU in Boulder shares award-winning mortgage strategy
BOULDER, Colo. (12/03/07)--Boulder Valley CU is sharing its award-winning mortgage strategy, which focuses on five areas.
Kimberley Morris, vice president of mortgage lending for Boulder Valley CU, received the First Place Award in the CUNA Mutual Group and the CUNA Lending Council's 2007 Credit Union Excellence in Lending national competition for mortgage lending. (Photo provided by Boulder Valley CU)
It recently was awarded First Place in the 2007 Credit Union National Association (CUNA) Excellence in Lending competition for mortgage lending. The award was sponsored by CUNA Mutual Group and CUNA Lending Council. Boulder Valley CU’s entry said its mortgage strategy focused on home buyer education to conduct responsible lending to the underserved in the community, and to promote responsible borrowing and home ownership, said Kimberley Morris, vice president of mortgage lending for Boulder Valley CU. Boulder Valley’s mortgage strategy focused on five distinct areas:
* Development of an employee-assisted housing program--targeting Boulder Valley select employee groups; * Facilitation of down payment assistance programs; * Promotion of product offerings, such as 2/1 Buy Down Loans, and My Community Mortgage; * First-time home buyer educational workshops for select employee groups and the community; and * Website mortgage center development.


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