In addition to growing its residential loan servicing portfolio, Navy Federal Credit Union lifted its mortgage production and expanded its mortgage headcount.
The financial institution reported a total mortgage servicing portfolio of 267,394 single-family loans with an aggregate unpaid principal balance of $56.521 billion as of Sept. 30.
Vienna, Virginia-based Navy provided the details, along with other operational metrics, as part of Mortgage Daily Third Quarter 2017 Mortgage Origination Survey.
Source: Mortgage Daily