Despite annual declines already reported by several of the nation’s biggest mortgage originators, Caliber Home Loans Inc. experienced an increase. Servicing has also expanded.
As part of the Mortgage Daily Fourth Quarter 2017 Mortgage Origination Survey, Caliber reported that it serviced 526,455 loans with an aggregate unpaid principal balance of $121.317 billion.
The Irving, Texas-based mortgage banking firm’s servicing portfolio expanded from 498,030 loans for $114.202 billion three months earlier and 403,751 loans for $91.065 billion one year earlier.
Source: Mortgage Daily