SPURRING GROWTH DESPITE INDUSTRY DECLINE
By Frank Shoffner, MMS Board Chairman
Mortgage industry headlines today bemoan a diminishing market with shrinking margins and rising costs. Weak providers are disappearing through mergers and corporate buyouts. Many survivors are slashing expenses and laying off employees.
In contrast stands Members Mortgage Services and its partners, who are choosing to invest in the future. MMS is aggressively offering price cuts to Credit Unions. The company is pushing out new products and services. It is increasing corporate square footage to accommodate a steadily increasing workforce.
The MMS board is staying true to our strategic objectives to support the needs that growth demands. We will take this opportunity to gain market share and return value to MMS partners, and most importantly we will continue to build a safe, reliable, service driven home for Credit Union members’ housing needs.