Residential loan production at Alaska USA Federal Credit Union moved higher, as did the size of its mortgage servicing portfolio.
Home lending activity at the Anchorage, Alaska-based company came in at 1,287 loans for $0.313 billion during the three months ended Sept. 30.
Alaska USA reported the operational data as part of its participation in the Mortgage Daily Third Quarter 2014 Origination Survey.
Business improved from the second quarter, when the financial institution generated 1,141 loan closings for $0.270 billion.
From Jan. 1 through Sept. 30, Alaska USA originated 3,189 mortgages for $0.757 billion.
The credit union increased the size of its mortgage servicing portfolio to 27,063 loans for $4.855 billion from 26,199 loans serviced for $4.757 billion as of June 30.
The Sept. 30 total included $4.495 billion in third-party servicing and $0.360 billion in owned loans.
Mortgage staffing finished September at 204 employees, four more than at the end of the second quarter.
