Prosperity Home Mortgage LLC, one of the first companies to report first-quarter results, saw a significant decline in loan production and a drop in staffing.
Residential loan originations during the period that started on Jan. 1, 2017, and finished on March 31, 2017, came to 2,051 units for $0.561 billion.
Those details and more were provided by the Chantilly, Virginia-based firm as part of the Mortgage Daily First Quarter 2017 Mortgage Origination Survey.
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From:: Financing