July 25, 2016 - 12:01pm
#1
Does anyone have any third party loan origination (TPO) agreements? If so, do you sell those loans on the secondary market and how do you handle the membership requirements? Also, for anyone selling loans on the secondary market, how are you handling the membership requirements on those?
I've heard of some credit unions setting up a CUSO to get around the membership requirements but I was curious what others were doing.
Thanks,
Adrienne