Credit unions succeed as member-driven alternatives to transactional for-profit institutions that simply build their mortgage loan portfolios on the backs of their borrowers. We need to continue fulfilling that role while increasingly cultivating more and better service capabilities. Mortgage insurance is one of the more important arrows in the mortgage loan quiver. According to Michael McDermott, account manager for Essent Guaranty Mortgage Insurance, members benefit when you offer more MI options. Listen to this podcast, the final in the ACUMA MI mini-series, as he explains to ACUMA President Peter Benjamin, CMB, just how and why that works. Sponsored by LoanCare.

Publish Date

September 4, 2024

Topic

  • Mortgage Insurance

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Guests

Mike McDermott

Account Manager
Essent Guaranty, Inc.