An expansion in the size of its residential loan servicing portfolio was reported by Quicken Loans Inc. Originations, meanwhile, retreated.
The total mortgage servicing portfolio at the Detroit-based lender was $251.0 billion at the conclusion of the three months ended March 31.
Quicken delivered the number, plus other operational metrics, as part of the Mortgage Daily First Quarter 2017 Mortgage Origination Survey.
Source: Mortgage Daily
