Several residential lenders have recently issued reports about the level of production they have generated. In addition to touting overall record activity, some focused on their robust financing of home purchases.
loanDepot LLC, which previously reported $38.2 billion in 2016 mortgage production, said in January that its total originations — including residential and personal loans — have reached $100 billion since opening in 2010.
"As the newest and most forward-looking brand among the nation’s top five retail mortgage lenders, loanDepot has grown originations on average by 70 percent annually since 2010, and grown its market share by 400 percent since 2012," the statement said.
Source: Mortgage Daily