While home lending slowed at Navy Federal Credit Union, it was off less than the industry as a whole. Mortgage staffing and servicing, meanwhile, increased.
The mortgage servicing portfolio at the financial institution stood at 247,518 loans that had an aggregate unpaid principal balance of $51.020 billion as of March 31, 2017.
Those details, in addition to other operating metrics, were reported by the Vienna, Virginia-based firm as part of Mortgage Daily First Quarter 2017 Mortgage Origination Survey.
Source: Mortgage Daily