|
|
|
|
|
|
Complete list of specialty news sections.
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.
Archive of MortgageDaily.com stories by month going back to 1999.
Reports and announcements from MortgageDaily.com.
Data and statistics for real estate finance.
Directories of lenders, branch operators and mortgage service providers.
Directories of lenders, branch operators and mortgage service providers.
|
|
|
|
|
Origination News | Lender Ranking | Fundings by Lender | Statistics
Quarterly residential mortgage production by lender. Subprime, Alt-A, home equity and conforming originations. Volume by quarter since 2003.
|
| Nation's Top-Producing LO
2011's top LO closed half as many loans as 2010's No. 1
April 3, 2012
By MortgageDaily.com staff
|
The loan officer who originated the most volume last year reported more than a quarter billion dollars in mortgage production. But he closed around half as many loans as the top producer in 2010.
Christopher Vincent Hussain reported that he closed 653 loans for $253.7 million during 2011.
That was more than any of the other 800 top producers surveyed by Scotsman Guide for the 2011 ranking.
Hussain's volume increased from 590 loans for $195.1 million in 2010.
However, the prior year's champion, Daniel Milstein, apparently didn't participate in the latest survey. Milstein took the title in 2010 with 1,209 mortgages closed for $385.5 million.
Hussain, who works for WeFit2U Inc. in California, originated as a mortgage broker and as a mortgage banker -- but without any staff. He said that three-quarters of his business was purchase financing.
Kevin Lyons of Anchor Funding reported 651 loans originated for $211.0 million during 2011, landing him in the No. 2 spot. Lyons, who also originates in California, was the No. 5 originator in the previous report.
After Lyons was Emery Financial's Shelly Logemann with 381 mortgages funded for $205.9 million.
Harinder Johar of Guaranteed Rate followed with 637 units closed for $204.0 million, then Brad Cohen's 495 mortgages closed through Capital Bank for $199.7 million. |
next story
back to current headlines
|
|
|
|
