While its fourth-quarter 2014 originations came up short compared to prior quarter numbers, Alaska USA Federal Credit Union saw slight gains in servicing and staffing.
In the three-month period ended December, Alaska USA closed 1,115 residential home loans at just over a quarter of a billion dollars. All loans came through retail originations.
The credit union’s latest lending volume of $0.267 billion, which was shared in the Mortgage Daily Fourth Quarter 2014 Mortgage Origination Survey, was $0.046 billion shy of third-quarter production.
Altogether, the full-year total for Alaska USA was 4,304 home loans at $1.024 billion.
The Anchorage, Alaska-based lender revealed it serviced 26,838 loans at $4.925 billion when last year ended. This total included $0.354 billion in owned loans and $4.571 in third-party servicing.
The latest activity gave Alaska USA a small rise over the $4.855 billion in servicing that was reported as of Sept. 30, 2014.
Recent staffing numbers of 211, as of Dec. 31, also were elevated slightly over the 204 employees that Alaska USA counted at the end of the third quarter.
