Quarterly loan originations soared at Fairway Independent Mortgage Corp., while the payroll grew. Although the servicing portfolio retreated, it was up from a year previous.
When the first half of this year was over, the Madison, Wisconsin-based lender serviced 22,824 single-single family loans with an aggregate unpaid principal balance of $4.826 billion.
Fairway, which revealed the details as part of the Mortgage Daily Second Quarter 2018 Mortgage Origination Survey, said third-party servicing accounted for $4.811 billion of the total.
Source: Mortgage Daily
