Another metric to determine who is a Top Producer is to look at their loan count. Some observers have noted that a dollar volume measuring stick rewards those that have high average loan balances.
A loan officer from areas where home prices are below the national average can actually be more productive than their counterparts in metros with higher values.
While the No. 1 originator by dollar volume, Shant Banosian of Guaranteed Rate, was also tops by units, the activity of others on this listing bears out the above. For example, Jaclyn Litton of Litton Mortgage, located in Shreveport, Louisiana, ranked 42nd on the dollar listing but 14th in terms of loans originated.
Below, the 50 mortgage loan originators by units produced in 2023:
Freedom Mortgage CEO Stan Middleman weighs in on the Fed, servicing policy, and broker-to-banker moves as he comments on challenging career experiences in his new biography.
A Pennsylvania federal judge ruled that HUD's handbook allowed, but did not require servicers to offer partial claim workarounds in tandem with funds from HAF.
The real estate investment trust reported a GAAP loss and thin earnings available for distribution as a result of market shifts that also affected some peers.
