Manufactured Housing News

As a credit union, it is your responsibility to make sound investments w

ith your member's money. That means expanding your portfolio and finding new areas where you can improve the strength of your existing investments through complimentary products. Manufactured home loans present exactly this type of opportunity by giving you access to a fast-growing marketplace with strong returns. Here are a few ways that manufactured home loans can increase your portfolio performance.

Over the years, the Internet has revolutionized the way companies do business. Given the widespread use of online technologies and transactions, a data breach is not a matter of “if” but a matter of “when”. In fact, about 30% of U.S. businesses experience a data breach every single year.

 

Nowadays, credit unions are just as convenient, accessible, and safe as banks. But in order to compete effectively in the lending market, credit unions need to expand their revenue opportunities. One way to achieve this goal is to opt for new loan products, such as chattel loans.

Many financial institutions that have added chattel loans as well as other asset classes to their portfolios have achieved optimal diversification. This attests that chattel lending delivers a viable asset option that can enhance loan portfolios and increase earnings.