Although quarterly and annual home lending retreated at Lake Michigan Credit Union, the servicing portfolio and mortgage staffing both expanded.

As last year concluded, the Grand Rapids, Michigan-based financial institution serviced 61,290 single-family loans with a collective unpaid principal balance of $9.739 billion.

Lake Michigan provided the data, in addition to other operational metrics, as part of the Mortgage Daily Fourth Quarter 2017 Mortgage Origination Survey.


Source: Mortgage Daily