MADISON, Wis. – CUNA Mutual Mortgage Corp.'s MEMBERS' CHOICE netMortgage solution is now part of FedComp's VirtualCU eBusiness portal. Launched in September of last year, MEMBERS' CHOICE netMortgage is an Internet mortgage origination tool linked to Freddie Mac's Loan Prospector mortgage evaluation and processing tools. The system is capable of providing loan "pre-approvals" in four minutes or less. VirtualCU (www.virtualcu.net) is FedComp's e-com solution specifically designed for CUs. It includes Web site development and hosting; home banking; e-mail; and an online shopping offering. VirtualCU eBusiness portal now includes more than 175 affiliates.
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