Which of the following is a role of Credit Unions in the mortgage sector?

Credit unions play a significant role in the mortgage sector, particularly through their function as primary lenders for residential mortgages. This is important because credit unions are member-owned financial institutions that often focus on serving their community. They typically offer competitive mortgage products, catering to the needs of local borrowers. The member-centric model fosters a more personalized lending experience, which can lead to better customer service and more flexible lending criteria compared to traditional banks.

In addition to offering residential mortgages, credit unions may also provide various financial services, but their primary role in the context of this question is as lenders. This focus aligns with their mission to serve the financial needs of their members, making it common for them to be actively involved in offering residential mortgages to individuals and families.