Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CUSO helps Affinity Plus sell 140M in mortgages
DENVER (1/20/12)--Mortgage Liquidity Solutions LLC (MLS), a multi-credit union owned credit union service organization (CUSO), has sold a $140 million portfolio of residential first mortgage loans using a loan participation structure for $1.5 billion asset Affinity Plus FCU, St. Paul, Minn.

Created in 2011, MLS provides liquidity solutions to credit unions and CUSOs for their residential mortgage lending programs.

The company assists credit unions with the sale of loan pools and provides liquidity via warehouse lines of credit to fund the sale of loans to approved take-out investors.


RSS print
News Now LiveWire
Reminder: @TheNCUA's Listening Session tomorrow in Chicago. Capacity crowd expected for meeting at 1 p.m. CT. http://t.co/FYYuoHCdVJ
5 hours ago
Mortgage apps up 1.9% in @MBAMortgage's weekly survey http://t.co/QBzKWdnRkH
6 hours ago
Manage your household budget with these 5 @SavvyMoney tips from @MCUA_news's Halley Abbott on @FOX2now http://t.co/qaXIbnNktt
7 hours ago
Wash state's marijuana market open but still short of FIs to serve it via @NWCUA http://t.co/qwxCVEZbPG
7 hours ago
.@AnheuserBuschCU, @ScottCU, @betterwaytobank, @FirstCommSTL on @stltoday's best workplaces list http://t.co/8yR4GcZkya.
8 hours ago