MUFG Union Bank of California, which relies heavily on jumbos, saw loan production fall on a sequential basis by just 4.4 percent, the best showing among the top 50, Inside Mortgage Finance found.
Nonbank mortgage firms increased their servicing portfolios by 3.0 percent during 1Q17, more than double the 1.3 percent increase in total Fannie/Freddie servicing during that period.