Scotsman Guide Releases Top Originators 2013 Rankings
Bothell, WA (PRWEB) April 01, 2014 -- The mortgage industry’s recovery continued to gain ground this past year despite the weakening of the refinance market, as evidenced by the results of Scotsman Guide’s annual Top Originators rankings. Nearly 1,400 mortgage originators entered this year’s rankings, a sign of continued enthusiasm and positive sentiment among the mortgage industry’s top producers.
Although the aggregate volume of the top 200 originators decreased by more than 18 percent over 2012 volumes, it was more than 29 percent higher than the aggregate volume of the similar group in 2011 rankings. Several top originators interviewed by Scotsman Guide said the drop in volume was expected with the end of the refinance boom.
For the fifth consecutive year, Scotsman Guide, the leading resource for mortgage originators, is proud to present the industry’s most comprehensive list of the nation’s top-producing mortgage brokers, bankers and originators. The rankings appear in Scotsman Guide’s April 2014 residential edition, online at scotsmanguide.com/Top2013 and in Scotsman Guide’s digital version at sg-resdigital.com.
Scotsman Guide received entries from about 1,400 mortgage professionals this year. More than 400 top entrants appear in print, ranked by their: overall dollar volume; loans closed; Federal Housing Administration loan volume; U.S. Department of Veterans Affairs loan volume; U.S. Department of Agriculture loan volume; purchase volume; refinance volume; and volume gain from 2012 to 2013. Top entrants ranked by reverse-mortgage volume are listed in an online-exclusive ranking at scotsmanguide.com/Top2013, as well.
To be eligible for initial consideration in Scotsman Guide’s Top Originators rankings, originators must have had at least $30 million in loan volume or 100 closed home loans for the 2013 calendar year. Only loans and volume that originators closed personally could be considered. After receiving submissions, Scotsman Guide required written verification of top entrants’ volume from a certified public accountant, the chief financial officer at the originator’s company or a similar source. This verification process makes Scotsman Guide’s Top Originators ranking the most intensely reviewed, accurate and substantiated ranking of its kind.
Scotsman Guide Media publishes a residential edition and a commercial edition of Scotsman Guide, in addition to lender searches, directories and educational articles at scotsmanguide.com. Each month, Scotsman Guide’s print and digital editions reach tens of thousands of subscribers nationwide. Scotsman Guide is the leading resource for mortgage originators and connects mortgage brokers with wholesale and commercial lenders.
For more information, visit scotsmanguide.com or call (800) 297-6061.
Rania Oteify, Scotsman Guide Media, http://www.scotsmanguide.com, +1 (425) 984-6037, [email protected]
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