Residential loan production slowed at Primary Residential Mortgage Inc., as the servicing portfolio was trimmed, and the payroll was reduced.

The Salt Lake City-based organization serviced 14,170 single-family loans that had a collective unpaid principal balance of $2.540 billion as of Sept. 30.

Those details, along with other operational metrics, were provided by PRMI in conjunction with the Mortgage Daily Third Quarter 2017 Mortgage Origination Survey.

Source: Mortgage Daily