95 percent of entrants saw an increase in overall volume from 2011 to 2012.
Bothell, WA (PRWEB) April 01, 2013
Following several years of struggle after the housing crisis, the mortgage industry seems to be recovering, as evidenced by the results of Scotsman Guide’s annual Top Originators rankings. This year’s rankings received a record-breaking number of submissions, and the top 200 originators’ volumes increased by more than 58 percent over 2011 volumes. In addition, 95 percent of entrants saw an increase in overall volume from 2011 to 2012.
For the fourth 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 2013 residential edition, online at http://www.scotsmanguide.com/Top2012 and in Scotsman Guide’s digital version at http://www.sg-resdigital.com.
Scotsman Guide received entries from nearly 1,500 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 2011 to 2012. Top entrants ranked by reverse-mortgage volume are listed in an online-exclusive ranking at http://www.scotsmanguide.com/Top2012, 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 2012 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 Scotsman Guide Loan Post and other platforms at http://www.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 http://www.scotsmanguide.com or call (800) 297-6061.