Merit Names Prez

Erik Anderson has been appointed president of Merit Financial, a mortgage and real estate company based in Kirkland, Wash.A past president of the Seattle Mortgage Bankers Association, Mr. Anderson joined Merit in January as vice president of mortgage banking. Since then, Merit has doubled its lending volume, the company said. Merit was founded three years ago and has grown more than 400% since that time, according to the company. Mr. Anderson's appointment will allow Scott Greenlaw, the company's founder and chief executive officer, to concentrate on strategic planning and relationship building, Merit said.