DES MOINES, Iowa -- The loan-servicing portfolio of Norwest Mortgage Inc. has topped $50 billion, the company said.

In an announcement, Norwest said that only for the past five years has it retained servicing rights on the loans it originates, making its portfolio one of the youngest in the country.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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