Last week's economic news included several reports related to housing and mortgages. The NAR started the week on a positive note with its Pending Home Sales Index released Monday. Pending home sales in March were higher with an unexpected increase of 3.40 percent over February for an index reading of 97.40.
Sammamish Mortgage’s Michael Shane Ranked as One of the Nation’s Top Originators
Scotsman Guide Releases Top Originators 2012 Rankings
Sammamish Mortgage congratulates Michael Shane for his ranking on Scotsman Guide’s 2012 Top Originators list, the most intensely verified and comprehensive ranking of its kind. Michael Shane was ranked #1 in WA and OR in Closed Loans and total Dollar Volume Closed.
Scotsman Guide, the leading resource for mortgage originators, released its third annual Top Originators rankings on April 1. The list, which ranks the nation’s top mortgage brokers, originators and bankers, appears in Scotsman Guide‘s April 2013 residential edition, and searchable rankings are available online at scotsmanguide.com/top2012.
Michael Shane was ranked among entries from more than 1,500 mortgage professionals across the country (more than double over last year). To be eligible for initial consideration in Scotsman Guide’s Top Originators rankings, originators must have had at least $30 million in loan volume or 100 closed home loans for the 2012 calendar year. Only loans and volume that originators closed personally could be considered. After receiving submissions, Scotsman Guide required written verification of top entrants’ volume from a certified public accountant. This verification process makes Scotsman Guide’s Top Originators list the most accurate ranking of top-producing originators in the industry.