The more than $1 billion in mortgage loans that the 4.2 million member, $51.6 billion Navy Federal Credit Union booked in October represents the most recent crest of a very strong housing year for the nation’s biggest credit union and not merely a spike or other single occurrence, executives said.

“We have had a very strong year in mortgages with a series of records broken,” said Katie Miller, vice president for mortgage products for the Vienna, Va., credit union. “October was merely the latest.”


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