Now that 2012 has wrapped up, it is time for you or your company to submit your yearend numbers for our top producer survey and rankings later this year.
By taking our survey online at either at
In 2011, for example, we found that the top producers in terms of number of units reporting that they each produced loan counts in the 600s. Interestingly, this was down from loan counts in the 700s and 800s reported by top producers in this category the previous year, 2010.
Total annual dollar amounts around $200 million or more put originators in the top producer category both years.
If some of the prognosticators interviewed for our Special Report on the outlook for next year are right, 2013 will not be quite as strong as 2012 but it will still be a pretty good year. Freddie Mac’s chief economist, for example, said he believes that refinancing will represent 60% or 65% of the market in 2013, which is still promising, just less than the previous year’s average around 80%. On the other hand, housing may strengthen if the U.S. economy continues to rebound and job numbers finally pick up this year, fueling more purchase money transactions that will offset the decline in refis to an extent. Freddie’s chief economist, Frank Nothaft, still forecasts that volumes will be down as much as 15% this year from what they were in 2012. But he also notes that, as we get into the year, it’s possible that the market could find itself in a situation where volumes turn out better than expected.
In the meantime, whether you are a loan officer at a brokerage or a retail loan officer, Origination News wants to know about your 2012 production, and more.
Questions, data and ranking information provide insight not only into overall volumes but benchmarking in various areas, including non-depository/depository breakdowns, loan products and technology. We are looking for information from originators of first-lien and/or second-lien residential product as well as originators of commercial/multifamily loans or reverse mortgages.
We ask that respondents answer honestly every question they can but feel free to skip answering any they are not comfortable with. MortgageStats.com promises those who provide their production volumes will get a free issue of this publication and information about their ranking.
