Xtend, Inc., the Grand Rapids, Michigan based CUSO announced that the portfolio of its loan servicing business unit expanded by 11.3% during the past twelve months. 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. “Their Lender VP Team has worked hard to help ensure their CU*BASE® core data processing credit unions have the tools they need to service loans effectively. 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 SRS (Shared Resources and Staff) Bookkeeping Services business unit, a group of specialists that provides various back office services for more than one hundred credit unions in twenty states.