Michigan First Mortgage Leverages Fee Chaser to Reduce Risk, Improve Compliance and Decrease Loan Fallout Expenses
Michigan First Mortgage (https://MichiganFirstMortgage.com) is the mortgage lending division of Michigan First Credit Union, which manages more than $1.4 billion in assets. Headquartered in Lathrup Village in Southeast Michigan, the credit union’s history dates back to 1926. In 2017, it expanded its financial products to include mortgages by acquiring Watson Financial Group forming Michigan First Mortgage. Between 2020 and 2022, Michigan First Mortgage’s originations averaged around 2,000 units and $438 million in volume (SOURCE: HMDA).