Friday, February 20, 2009

CU National Mortgage Co. closes

PINE BROOK, N.J. (2/20/09)--CU National Mortgage Co., based in Pine Brook, N.J., announced last week that it is closing, which will affect some credit unions nationwide (Life is a Highway Feb. 18).

The company is a wholly owned subsidiary of U.S. Mortgage Corp., a mortgage banking organization, established in 1996.

In 1999, CU National Mortgage was developed as a subsidiary of US Mortgage to serve the credit union industry.

A message at the company said it is no longer taking calls.

courtesy of cuna.org

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