New business was higher during the most recent quarter at loanDepot LLC. In addition, an increase was reported for both its loan servicing portfolio and staffing.
As part of the Mortgage Daily Third Quarter 2017 Mortgage Origination Survey, loanDepot said it serviced 191,141 home loans with a collective unpaid principal balance of $44.792 billion as of Sept. 30.
The mortgage servicing portfolio at the Foothill Ranch, California-based company expanded from three months earlier, when it stood at 166,427 loans for $39.119 billion.
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From:: Financing