The mortgage servicing portfolio grew at loanDepot LLC. Home-lending activity was also up on a quarter-over-quarter basis but down on a year-over-year basis.
At the midpoint of this year, the Foothill Ranch, California-based organization serviced 166,427 loans that had an aggregate unpaid principal balance of $39.119 billion.
loanDepot provided the details, along with other operational metrics, in connection with its participation in the Mortgage Daily Second Quarter 2017 Mortgage Origination Survey.
Source: Mortgage Daily