Pacific Union Continues to Break Records, $1.84 Billion Funded Volume in August 2016

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Pacific Union Continues to Break Records, $1.84 Billion Funded Volume in August 2016

Pacific Union Financial, LLC achieved another origination milestone surpassing the $1.8 Billion mark in funded volume across Wholesale, Correspondent and Retail channels in the month of August and securing $2.5 Billion in lock commitments during the same month. The company continues to trend upward in every channel, product and geographic category as it continues to establish itself as a proven leader in the mortgage industry.

This is the second significant milestone Pacific Union has hit in the last three months. In June, the mortgage company locked a company-best $2 Billion across all channels.

“We have experienced incredible success in 2016. Each of our origination channels are shattering volume records, assembling solid operational and sales foundations, and will finish this record-breaking year stronger than ever and positioned to set more records in 2017,” said Rick Skogg, Pacific Union’s President & CEO. “We have built an extraordinary team that focuses on quality originations, servicing and profitable growth. I am eagerly anticipating the future successes in the coming months and years for our team and customers.”

Thus far in 2016, Pacific Union has hired more than 350 new employees and plans to hire 100 additional staff over the next three months. Pacific Union’s employee base has quadrupled over the last three years, now totaling almost 1,600.

“Our employees are the backbone of our successful, thriving organization. As our company continues to grow, we are working hard to ensure that we hire the brightest and most astute team-oriented individuals,” Skogg said. “Company culture, employee morale and work life balance are at the forefront of what makes us such a strong and desirable company.”

Pacific Union is positioned to have its most profitable year in the history of the company.

About Pacific Union Financial
Pacific Union Financial, LLC is a full-service mortgage company, located in Irving, Texas, with fulfillment centers in Texas, California, Virginia, and North Carolina and more than 40 branch locations across the country. Pacific Union originates and purchases residential mortgage loans through Wholesale, Retail and Correspondent channels, in addition to servicing a $23 Billion portfolio.

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Jim McDonald