Quarterly mortgage originations were up from the same period last year at loanDepot LLC. The company trimmed its servicing and staffing from year-end 2017.
The Foothill Ranch, California-based mortgage banker serviced 201,917 loans with an aggregate unpaid principal balance of $45.130 billion as of March 31.
loanDepot disclosed the details, along with other operational metrics, in connection with the Mortgage Daily First Quarter 2018 Mortgage Origination Survey.
Source: Mortgage Daily