A healthy increase in mortgage originations was reported by Lake Michigan Credit Union. Also expanding was the organization’s servicing portfolio.
As of mid-2017, the financial institution serviced 58,949 single-family loans that had an unpaid aggregate principal balance of $9.263 billion.
The Grand Rapids, Michigan-based firm revealed those metrics and more as part of the Mortgage Daily Second Quarter 2017 Mortgage Origination Survey.
Source: Mortgage Daily
