Vigorous Growth at New American Funding
Compared to a year earlier, mortgage production nearly doubled at New American Funding. In addition, growth was nearly as strong for the firm's servicing portfolio and staffing.
PRMI Originations Edge Up
Quarterly mortgage production at Primary Residential Mortgage Inc. edged higher, while its servicing portfolio expanded. But the number of employees was trimmed.
Mortgage Production Inches Higher at First Choice
New business at First Choice Loan Services Inc. moved up modestly from the prior quarter. At the same time, the lender trimmed its mortgage staffing.
Across the Board Mortgage Growth at Navy FCU
Home lending activity increased at Navy Federal Credit Union, while the servicing portfolio grew and mortgage staffing expanded.
New Business Slides at BECU
BECU closed fewer loans in the third quarter than it did three months earlier. But mortgage staffing moved higher during the period.
Guild Grows Originations, Servicing and Staffing
Guild Mortgage Co. boosted quarterly loan originations, expanded its servicing portfolio and increased its staffing. Further growth is likely with planned acquisitions.
Bank Must Pay $1 Mil to Frmr Mortgage Executive
A bank in the Midwest has lost an appeal of a judgment requiring it to pay a former mortgage executive nearly $1 million.
Guaranteed Fundings Up as Servicing, Staffing Off
New lending activity made a healthy improvement at Guaranteed Rate Inc. But the size of the servicing portfolio and the number of employees moved lower.
Provident Funding's Lending, Servicing and Staffing Slip
Quarterly originations inched downward for Provident Funding Associates LP in quarter-over-quarter comparisons thanks to correspondent lending. Servicing and staffing totals also saw leaner figures.
Originations, Servicing Increase at Alaska USA FCU
Residential loan production at Alaska USA Federal Credit Union moved higher, as did the size of its mortgage servicing portfolio.