Churchill Mortgage Corp. lifted quarterly loan production, while it also increased the size of its staff compared to the end of last year.
In the three months ended March 31, the Brentwood, Tennessee-based company closed 1,465 home loans for $0.290 billion.
The operational data, along with other performance metrics, were provided as part of Churchill’s participation in Mortgage Daily’s First Quarter 2015 Mortgage Origination Survey.
Business improved from the final quarter of last year, when production totaled 1,208 loans for $0.235 billion.
In the first-quarter 2014, Churchill funded 845 mortgages for $0.147 billion.
Churchill said it serviced four loans for less than $0.001 billion as of March 31, 2015.
Staffing at the mortgage banker ended last month at 312 employees,
expanding from 274 people three months earlier.
Headcount was also up from 281 people a year earlier.
