Several mortgage firms recently released data on their home-lending volume, while commercial mortgage lenders also reported activity.
Last year, Guild Mortgage Co. reports that it closed more than $1.6 billion in residential loans secured by properties located in Oregon.
Purchase financing accounted for $1.2 billion of 2015’s Oregon production, “making Guild the largest purchase loan lender in the state.”
San Diego-based Guild Mortgage previously reported $13.8 billion in total national production for all of last year.
Marketplace lender LendingHome reported last month that
it has funded more than $0.550 billion in mortgages. In addition, last year’s loan volume at LendingHome increased by 600 percent from 2014.
“To date, LendingHome is the largest mortgage marketplace in the U.S. enabling real estate investors and entrepreneurs to purchase, rehabilitate, or rent out homes across America,” the statement said.
San Francisco-based LendingHome reports a staff of 200 employees.
The two owners of Los Angeles-based Insignia Mortgage —
Damon Germanides and Chris Furie — originated $365 million in residential loans last year, an April 25 announcement indicated.
Last year’s mortgage production at
radius financial group inc. came to 1,701 loans, a news release from the Norwell, Massachusetts-based firm stated.
Prospect Mortgage reported on April 14 that it recently became the No. 1 FHA 203(k) lender in the nation.
Statistics reported by Inside Mortgage Finance indicate that Freedom Mortgage originated $7.933 billion in the fourth-quarter 2015, sinking from $9.549 billion in the third quarter. Full-year volume at the Mount Laurel, New Jersey-based company came to $36.796 billion.
At loanDepot.com, fourth-quarter volume of $6.778 billion brought full-year production to $28.359 billion, IMF reported.
Also reflected in IMF’s report were 2015 originations of $25.637 billion at Caliber Home Loans and $19.682 billion in fundings at Franklin American Mortgage Co.
In commercial real estate, global commercial mortgage originations at MetLife Inc. totaled $14.3 billion in 2015, an announcement earlier this year indicated. Business improved from $12.1 billion in 2014.
TD Bank reported that it closed more than 300 CRE loans for $5.1 billion last year.
