#1: 2010 Company with Most Ranked Originators
> Originators on Top Volume List: 28
> Originators on Closed-Loans List: 13
Top Originators rankings | Next profile
A strong refinance market helped Mortgage Master Inc. land 28 of its originators on Scotsman Guide’s Top Originators 2010 rankings for volume and 13 originators on the closed-loan rankings.
All of the ranked originators from the Massachusetts-based company did more refis than purchase loans last year.
“We certainly did more refinances as a company last year as a function of the rates,” says Paul Anastos, Mortgage Master’s president.
“We did more retail purchases in Massachusetts than any other lender in the state, however,” Anastos says. “Overall, our purchase volume was almost $2 billion.”
The company, started in 1998, employs 240 originators and works in 20 states. It had an overall volume of $5.5 billion in 2010, Anastos says. The 28 originators from the company who ranked on this year’s Top Dollar Volume list had a combined total of almost $2.5 billion.
“We’re fortunate to have done well with high producers,” Anastos says. “We have a good product and price. We’re open with our salespeople, and we’re honest and fair.”
The partnership goes both ways. “We communicate everything with them, and they always hold up their end,” Anastos says. “We just have really good people.”
— Ivanna C. Sukkar