A housing finance CUSO headquartered in Philadelphia posted a record year in 2012 with over $452 million in loans closed and with $1.2 billion in loans being serviced.
First Heritage Financial's previous record had been $316 million in 2009, according to the CUSO.
"We are extremely excited to have achieved this goal," said the CUSO's CEO, John Giordano. "Our partner credit unions entrust us to provide comprehensive, high-quality mortgage services to their members. Without their confidence, we could not have achieved this success."
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