Mortgage production last year was down slightly at Finance of America Holdings LLC. Also lower was the servicing portfolio and headcount.
As of the end of 2017, the Horsham, Pennsylvania-based business serviced 10,920 single-family loans with an aggregate unpaid principal balance of $2.039 billion.
Finance of America reported the details, as well as other operational data, as part of the Mortgage Daily Fourth Quarter 2017 Mortgage Origination Survey.
Source: Mortgage Daily