Home lending increased at Guild Mortgage Co. to the highest level ever. Meanwhile, the size of the national staff and the residential loan servicing portfolio both increased.
As part of the Mortgage Daily Second Quarter 2018 Mortgage Origination Survey, Guild reported that it serviced 208,246 single-family loans with a collective unpaid principal balance of $42.773 billion as of June 30.
The San Diego-based mortgage banking firm’s servicing portfolio increased from 198,806 loans for $40.016 billion as of three months previous. The portfolio was 172,615 loans for $34.126 billion as of mid-2017.
Source: Mortgage Daily