Navy Federal Credit Union managed to boost its quarterly home lending volume from a year ago. The firm’s mortgage servicing portfolio continued to grow.
As of March 31, the Vienna, Virginia-based organization serviced 288,043 single-family loans that had an aggregate unpaid principal balance of $61.993 billion.
The servicing statistics, along with additional operating metrics, were provided by the credit union as part of the Mortgage Daily First Quarter 2018 Mortgage Origination Survey.
Source: Mortgage Daily