Several mortgage bankers recently reported a host of various loan production metrics in addition to residential loan servicing and staffing data. Some companies touted record activity.
U.S. credit unions held $341 billion in first mortgages as of June 30 — the most ever for the sector — Callahan & Associates reported. Holdings expanded by 10 percent from a year earlier.
Leading the growth was Iowa, where holdings rose 28 percent. Arkansas’ 27 percent was next, then Ohio’s 27 percent, Mississippi’s more than 20 percent and Maine’s nearly 20 percent.
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From:: Financing