> your local credit union just issues and holds them [mortgages] I was on BoD of a CU. About the only thing we didn't resell were loans which did not conform.

> your local credit union just issues and holds them [mortgages] I was on BoD of a CU. About the only thing we didn't resell were loans which did not conform. The business was to originate, quickly resell, and do some more.