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CUSO Partnership Formed to Fund Short-Term Mortgages

FAIRBORN, Ohio (March 21, 2011) - Two credit union service organizations (CUSOs) have come together  to develop a line of credit funded by credit unions that will fund short-term mortgages. myCUmortgage® [www.mycumortgage.com] and CU Structured Finance LLC created a mechanism to help provide funding for the mortgage CUSO’s growing market.