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Third Annual CU Housing RoundTable MeetingThe CU Housing RoundTable's Third Annual Meeting will be held in Seattle, October 16-17, 2008. The subprime crisis that came to light during the middle of last year has become the single biggest housing finance opportunity ever presented to our industry. We're making progress on our Big, Hairy Audacious Goal (BHAG) of Two to Ten in Ten Years. During the fourth quarter of last year, credit unions reached 3.6% market share, the single biggest gain in our mortgage lending history. Our next step: making our recent gains sustainable and achievable. That's the purpose of the CU Housing RoundTable, and the subject of the Third Annual Meeting. Three Benefits From Attending:
CU Housing RoundTable Positioning Statement The CU Housing RoundTable (CUHRT) exists for the purpose of raising public awareness of the credit union system as a premier source of member friendly mortgage loans. The RoundTable will foster cooperation and collaboration among credit union system entities to ensure a heightened sense of public awareness and to ensure credit unions have access to timely, accurate information about housing finance policy, strategy and operations. It will identify issues and address solutions that facilitate the system's success in all aspects of housing finance. The networking capabilities of the internet plus periodic meetings will be used to create a virtual organization that is open to all credit unions and credit union organizations who wish to participate either on a long-term or Ad Hoc basis. The result of these efforts will be increased credit union market share, enhanced industry capability and expertise in housing finance, and recognition of the unique ability credit unions have to address the country's housing needs today and in the future due to their local presence and member focus. White Papers The CU Housing RoundTable published its first two White Papers in September 2007 (updated 07/25/08) Purpose The CU Housing RoundTable (CUHRT) exists for the purpose of raising public awareness of the credit union system as a premier source of member friendly mortgage loans. The RoundTable will foster cooperation and collaboration among credit union system entities to ensure a heightened sense of public awareness and to ensure credit unions have access to timely, accurate information about housing finance policy, strategy and operations. It will identify issues and address solutions that facilitate the system's success in all aspects of housing finance. The networking capabilities of the internet plus periodic meetings will be used to create a virtual organization that is open to all credit unions and credit union organizations who wish to participate either on a long-term or Ad Hoc basis. The result of these efforts will be increased credit union market share, enhanced industry capability and expertise in housing finance, and recognition of the unique ability credit unions have to address the country's housing needs today and in the future due to their local presence and member focus. |
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