Although quarterly mortgage production dipped at Alaska USA Federal Credit Union, headcount and residential loan servicing both grew.
During the three months that ended on Sept. 30, home loan production totaled 1,327 loans for $0.331 billion.
The numbers were provided, along with other operational metrics, as part of the Mortgage Daily Third Quarter 2015 Mortgage Origination Survey.
Activity eased from the previous three-month period, when the Anchorage, Alaska-based company closed 1,347 mortgages for $0.341 billion.
But business was better than in the third-quarter 2014, when 1,287 loans were funded for $0.313 billion.
From Jan. 1 through Sept. 30 of this year, Alaska USA has generated production of 3,678 loans for $0.918 billion.
All originations are generated through the retail channel.
The credit union reported a servicing portfolio of 27,532 loans for $5.153 billion as of the end of the
third-quarter 2015.
Alaska USA serviced 27,252 loans for $5.060 billion three months earlier and
27,063 loans for $4.855 billion a year earlier.
The Sept. 30, 2015, portfolio consisted of $0.389 billion in loans owned by the financial institution and $4.764 billion in home loans serviced for third parties.
Alaska USA finished September 2015 with 230 mortgage employees on its payroll.
Staffing was up by six people compared to the end of June
and 26 more employees than as of the same date last year.
