New quarterly business moved modestly higher at Quicken Loans Inc., as did the company’s mortgage servicing portfolio. No change was reported in company-wide staffing.
When the first-half of this year concluded, Quicken serviced $296.1 billion in home loans, according to data submitted as part of the Mortgage Daily Second Quarter 2018 Mortgage Origination Survey.
The mortgage servicing portfolio at the Detroit-based mortgage banking firm was larger than as of March 31, when it serviced $287.4 billion, and as of mid-2017, when the portfolio stood at $259.0 billion.
Source: Mortgage Daily