Quarterly mortgage originations were up from the same period last year at loanDepot LLC. The company trimmed its servicing and staffing from year-end 2017.
The Foothill Ranch, California-based mortgage banker serviced 201,917 loans with an aggregate unpaid principal balance of $45.130 billion as of March 31.
loanDepot disclosed the details, along with other operational metrics, in connection with the Mortgage Daily First Quarter 2018 Mortgage Origination Survey.
Single-family loans originated numbered 33,757, while the principal amounts totaled $8.437 billion.
Business was down from 38,899 mortgages for $10.081 billion in the fourth-quarter 2017.But loanDepot pushed production higher versus the $7.482 billion closed in the first-quarter 2017.
Staffing finished March 2018 at 6,332 people.
Headcount slipped 12 positions from Dec. 31, 2017, but rose 332 employees from March 31 of last year.