Based on residential loan production during the first three months of 2018 at USA Mortgage, the company is on track to keep up with last year’s annual originations.
From Jan. 1 through March 31 of this year, the St. Louis-based mortgage-banking business closed 1,986 single-family loans for $0.356 billion.
USA provided those details as part of its participation in the Mortgage Daily First Quarter 2018Â Mortgage Origination Survey.
Extrapolating first-quarter 2018 production, , the
DAS Acquisition Company LLC-subsidiary is on track to close around $1.4 billion this year — not far from the $1.5 billion originated during all of 2017.
No servicing portfolio was reported for USA Mortgage.
Staffing
finished the latest three-month period at 581 employees.
