Quarterly home lending activity soared by nearly two-thirds from the prior period at Fairway Independent Mortgage Corp. In addition, the size of the staff expanded.
Residential loan originations totaled 20,635 units funded for $4.650 billion during the three months that ended on June 30.
Mortgage production soared from the prior three-month period, when 13,230 loans were closed for $2.838 billion.
The latest details were provided by the Sun Prairie, Wisconsin-based company as part of the Mortgage Daily Second Quarter 2016Â Mortgage Origination Survey.
Activity also ascended from the second quarter of last year, when Fairway originated 14,026 mortgages for $3.064 billion.
For all six months that have elapsed so far during 2016, there were 33,865 loans closed for $7.488 billion.
The second-quarter 2016 numbers consisted of $4.314 billion in retail originations, $0.285 billion in wholesale lending and $0.051 billion in correspondent acquisitions.
As of the end of last month, Fairway serviced 12,330 loans for $2.664 billion.
The servicing portfolio contracted from March 31, when it stood at 16,223 loans for $3.450 billion.
But the portfolio has increased significantly from June 30, 2015, when Fairway serviced 4,582 loans for $0.999 billion.
The June 30, 2016, servicing portfolio included $2.656 billion in third-party servicing.
Headcount stood at 3,692 people as of mid-2016.
Staffing was up from 3,316 employees three months earlier
and 2,541 people a year earlier.
