The size of Lake Michigan Credit Union’s single-family servicing portfolio increased even as originations subsided.Mortgage staffing was trimmed.
The Grand Rapids, Michigan-based financial institution serviced 60,224 residential loans with an aggregate unpaid principal balance of $9.526 billion as of Sept. 30.
That is according to data provided by Lake Michigan CU as part of the Mortgage Daily Third Quarter 2017 Mortgage Origination Survey.
Source: Mortgage Daily
