GRAND RAPIDS, Mich. (3/7/16)--Xtend, Inc., a Grand Rapids, Mich.-based credit union service organization, announced that its loan servicing business unit expanded by 11.3% during the past year.
The portfolio of predominantly first-mortgage loans is spread across more than two dozen credit unions in nine states.
“The fact that we provide servicing for more than two dozen credit unions is a testament to our partners at CU*Answers,” said Xtend President Scott Collins. “When those credit unions want back-office specialists to help with the ongoing servicing tasks, CU*Answers taps our Xtend team on the shoulder to perform those tasks for our joint clients.”
The daily loan servicing tasks are executed by Xtend’s Shared Resources and Staff Bookkeeping Services business unit, a group of specialists that provides various back-office services for more than 100 credit unions in 20 states.