Quarterly mortgage originations were slower at Finance of America Holdings LLC. Also diminishing was the lender’s staffing and servicing portfolio.
The Horsham, Pennsylvania-based firm serviced 15,514 single-family loans with an aggregate unpaid principal balance of $3.272 billion as of March 31.
Finance of America disclosed the data, along with other operational metrics, as part of the Mortgage Daily First Quarter 2017 Mortgage Origination Survey.
Source: Mortgage Daily
