In addition to growing the size of its servicing portfolio and expanding its human resources, Fairway Independent Mortgage Corp. saw quarterly loan originations soar.
At 22,460 loans with an aggregate unpaid principal balance of $4.712 billion as of mid-year, Fairway’s total mortgage servicing portfolio saw robust growth from 20,146 loans for $4.207 billion three months earlier.
The Sun Prairie, Wisconsin-based mortgage banking firm disclosed the details, along with other operational metrics, as part of the Mortgage Daily Second Quarter 2017 Mortgage Origination Survey.
Source: Mortgage Daily