BECU closed fewer loans in the third quarter than it did three months earlier. But mortgage staffing moved higher during the period.
The credit union funded 1,117 loans for $0.269 billion during the period beginning July 1 and ending Sept. 30.
BECU provided the data as part of its participation in Mortgage Daily’s Third Quarter 2014 Mortgage Origination Survey.
Unlike much of the industry, new business at BECU declined from the second quarter, when originations came in at 2,138 units for $0.483 billion.
The Tukwila, Wash.-based financial institution’s year-to-date volume amounted to 4,303 loans for $0.992 billion.
BECU reported no mortgage servicing portfolio.
Mortgage staffing was 117 as of Sept. 30, five more employees than as of June 30.
