As quarterly home lending took a giant leap at Finance of America Holdings LLC, the mortgage servicing portfolio expanded and staffing increased.
As of Sept. 30, The Horsham, Pennsylvania-based company serviced 13,821 residential loans with an aggregate principal balance of $2.852 billion.
Finance of America revealed the data and other operational metrics as part of the Mortgage Daily Third Quarter 2016 Mortgage Origination Survey.
Source: Mortgage Daily