Mortgage production and servicing have both increased on a quarter-over-quarter and year-over-year basis at Navy Federal Credit Union.

Single-family loans serviced by the credit union ended June at 294,705 loans that had a collective unpaid principal balance of $64.461 billion.

The Vienna, Virginia-based financial institution provided the details, along with additional operating metrics, as a participant in the Mortgage Daily Second Quarter 2018 Mortgage Origination Survey.

Source: Mortgage Daily