Although home lending slowed at Guild Mortgage Co., the size of the servicing portfolio and payroll were up from the prior quarter and a year prior.
As of March 31, 2017, the San Diego-based organization serviced 162,168 residential loans with a collective unpaid principal balance of $31.598 billion.
Those details, along with other operational metrics, were provided as part of the
Mortgage Daily First Quarter 2017 Mortgage Origination Survey.
Last month’s portfolio included $0.873 billion in mortgages owned by the company and $30.726 billion in loans serviced for third parties.
Guild originated 13,572 loans for $3.046 billion during the most-recent three-month period.
Business tumbled from 19,106 loans closed for $4.353 billion during the fourth-quarter 2016. But an improvement was reported from the first-quarter 2016, when 11,855 loans were funded for $2.703 billion.
First-quarter 2017 volume included $2.879 billion in retail lending and $0.167 billion in correspondent acquisitions.
Staffing concluded last month at 3,772 employees.
Headcount increased from 3,606 people as of Dec. 31, 2016, and 2,784 employees as of March 31, 2016.