The quarterly volume of home lending turned sharply higher at USA Mortgage. Also expanding was the number of people on the mortgage banking firm’s payroll.

The St. Louis-based company, a subsidiary of DAS Acquisition Company LLC, funded 2,882 single-family loans for $0.505 billion during the three months that concluded mid-year 2018.

Those details and more were provided as part of USA Mortgage’s participation in the Mortgage Daily Second Quarter 2018 Mortgage Origination Survey.

Source: Mortgage Daily