In the last quarter of 2014, new business fumbled at First Choice Loan Services Inc. As well, the mortgage provider showed fewer team members on its end-of-year roster.
First Choice finished the fourth quarter with 1,861 new mortgages originated for $0.468 billion.
The data was provided through the company’s participation in the Mortgage Daily Fourth Quarter 2014 Mortgage Origination Survey.
These home loan production statistics failed to touch the lender’s prior-period 2,251 loans closed for $0.564 billion.
Recent lending activity helped First Choice score 7,611 loans for $1.938 billion in all of 2014.
All loans were generated through the retail origination channel.
The wholly owned subsidiary of First Choice Bank did not service any loans.
In staffing, the Dec. 31 roll call revealed the East Brunswick, N.J.-based lender had 428 players, a 48-person loss versus three months earlier.