Countrywide Credit Industries said strong originations pushed its mortgage servicing portfolio to $137 billion in February, a gain of 21% from a year earlier.

Countrywide funded $3.4 billion of loans in the month, up from $1.7 billion last February. Fixed-rate loans accounted for 86% of the loan production. Mortgages to buy homes totaled $1.5 billion, up slightly from $1.4 billion in February 1995.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.