REMN Annual Originations Increase

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MORTGAGE EXPERT
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Last year’s home loan production at Real Estate Mortgage Network Inc. climbed to the highest level in at least five years.

Residential loan originations at the Iselin, N.J.-based lender exceeded $6 billion in 2013, based on data reported Thursday.

Business improved from the previous year, when REMN said that it closed $5.0 billion in home loans.

It was the best year for the company since at least 2009 — the earliest data maintained by Mortgage Daily.

REMN reported a staff of more than 1,300, the same as was last reported in August 2013.

Branch count, meanwhile, has grown to 70 offices from 57 reported in September 2012.

REMN said that Cara DeStefano, Tina Lewandowski and Trey McAtee were all promoted to regional sales manager.

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Mortgage Daily Staff

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