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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 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.

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