More than $18 billion was originated in 2016 by Finance of America Holdings LLC. The mortgage servicing portfolio exceeded $4 billion as of year end.
At the conclusion of last year, 18,402 residential loans with an aggregate principal balance of $4.011 billion were serviced by Finance of America.
The total was revealed by the Horsham, Pennsylvania-based firm as part of the Mortgage Daily Fourth Quarter 2016 Mortgage Origination Survey.
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