The 2018 countdown of the National Mortgage News Top Producers list concludes with this year’s top 25 loan officers.
The results of this year’s rankings reflect a market in transition. Mortgage interest rates began to rise after the 2016 elections and as that trend continued into 2017, refinance volume fell precipitously. In response, lenders began to put more emphasis on the purchase mortgage market. Unfortunately, while consumer demand for homes showed marked improvement, a severe dearth in available inventory for sale stifled the housing market.
A new component of this year’s Top Producers program is an in-depth survey that explores how professionals are pursuing new market opportunities and contend with industry challenges. Data, insights and analysis of the results are available in a special report available here.
This year marks the 20th anniversary of the Top Producers program. The rankings are open to mortgage loan officers and mortgage brokers who work at depository, nonbank and mortgage brokerage firms in the United States.
Information submitted about 2017 loan production was used to compile this year’s Top Producer Rankings. Loan officers who submitted data for the survey represent the entire spectrum of the origination business, from banks and credit unions to mortgage bankers and mortgage brokerages, and their titles range from loan officer all the way to company president.
The 2018 Top Producer rankings countdown will continue until the top 25 loan officers are revealed on April 12 and the entire list is published in a special section of the print edition of National Mortgage News.
|Rank||Name||Company||Dollar Volume||Number of Loans|
|1||Mark Cohen||Cohen Financial Group||$579,577,758||541|
|2||Shant Banosian||Guaranteed Rate||$457,938,692||1129|
|3||Anthony Musante||PNC Bank||$282,768,380||307|
|4||Andrew Marquis||Guaranteed Rate||$278,529,031||646|
|5||Ben Cohen||Guaranteed Rate||$271,143,617||569|
|6||Risha Kilaru||Guaranteed Rate||$268,046,607||475|
|7||Michael Rodriguez||Platinum Capital Mortgage||$249,204,220||517|
|8||Ramon Walker||Mount Diablo Lending||$243,191,511||610|
|9||Julie Long||Commonwealth Mortgage||$237,997,029||870|
|11||Chris Furie||Insignia Mortgage||$210,302,117||110|
|12||Damon Germanides||Insignia Mortgage||$204,219,150||102|
|14||Matt Andre||FBC Mortgage||$194,021,726||784|
|15||Jason Wiley||Wells Fargo Home Mortgage||$186,113,835||190|
|16||Sam Sharp||Guaranteed Rate||$181,000,976||587|
|18||Christopher Gallo||NJ Lenders||$170,076,264||435|
|19||Michael Borodinsky||Caliber Home Loans||$169,270,000||522|
|20||Erik Elsasser||Consumer Direct Mortgage||$164,334,654||627|
|21||Anthony Larocca||Contour Mortgage||$159,920,000||234|
|22||Houtan Hormozian||Crestico Funding||$158,529,802||315|
|23||Craig Stelzer||CrossCountry Mortgage||$157,815,024||518|
|24||Robby Oakes||Corporate Investors Mortgage Group||$154,945,878||556|
|25||Nicholas Barta||Security First Financial||$151,036,087||772|