Home-lending activity was up by a fifth at Lake Michigan Credit Union’s, as the size of its servicing portfolio rose, and its mortgage payroll grew larger.
There were 55,030 residential loans being serviced for $8.513 billion as of the end of the third-quarter 2016 at the Grand Rapids, Michigan-based firm.
The numbers, as well as other operational metrics, were revealed as part of the Mortgage Daily Third Quarter 2016 Mortgage Origination Survey.
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From:: Financing