While residential loan servicing and quarterly originations were slightly lower at Navy Federal Credit Union, there was an expansion in mortgage staffing.
The Vienna, Virginia-based firm serviced 246,643 home loans that had an aggregate unpaid principal balance of $50.706 billion as of Dec. 31, 2016.
Those details, along with other operational metrics, were reported as part of the Mortgage Daily Fourth Quarter 2016 Mortgage Origination Survey.
Source: Mortgage Daily