PCLender.com Releases New White Paper on the Future of Mortgage Lending

(April 13, 2009) Honolulu, HI - Risky business models that led to the failure of many national commercial banks and non-depository mortgage bankers has created an opportunity for credit unions to gain mortgage lending market share. A new white paper from PCLender.com discusses how credit unions can capitalize on the present opportunity and expand mortgage lending operations, offering practical recommendations regarding the integration of mortgage technology products and systems that provide increased operational efficiencies.

The white paper, "The Future of Mortgage Lending: Why the time is right for credit unions to increase market share and how they can effectively compete in the new market place," recommends that credit unions grow market share by exploiting their core advantages, including "strong relationships with their members, healthy balance sheets, and an abundance of expertise through seasoned mortgage professionals and outsource service providers," writes author, Lionel Urban, president of PCLender.com. "In addition, new Web-based mortgage software solutions can cost effectively provide even the smallest credit unions with technology systems comparable to those used by Fortune 500 firms."

Additionally, the white paper addresses key findings from the case studies of credit unions, Patrion Mortgage and Hawaii State Federal Credit Union. The findings show how they have grown their respective market share, and established themselves as leaders in the mortgage lending field by implementing Web-based imaging tools and affordable enterprise mortgage lending technology via PCLender.com.

The white paper is now available to download for free at: http://www.pclender.com/whitepaper/the_future_of_mortgage_lending/credit_unions.php

PCLender.com is the industry's leading enterprise Web-based mortgage lending platform. The company's suite of SaaS applications, including its award-winning loan origination system, available at http://www.pclender.com/pclender.php, has revolutionized the ways that mortgage companies, banks and credit unions manage the complete life-cycle of the mortgage loan process, and ensure higher levels of compliance for closed loans. PCLender.com is dedicated to providing mortgage lenders with exceptional service, and a streamlined mortgage loan platform that maximizes lending efficiencies and increases profitability. For more information please visit http://www.pclender.com, or call 877-536-6886.