Home-lending volume at Movement Mortgage LLC held up from the prior quarter and a year prior. The company’s payroll continued modest growth.
The Indian Land, South Carolina-based organization serviced 4,171 residential loans with a collective unpaid principal balance of $0.413 billion as of Sept. 30.
Movement, which reported the data as part of the Mortgage Daily Third Quarter 2017 Mortgage Origination Survey, said $0.412 billion was third-party servicing.
Source: Mortgage Daily