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The Mortgage Collaborative Sees $150 Billion in Origination Growth

The Mortgage Collaborative, a mortgage cooperative headquartered in San Diego, California, has released its year-end data. The data collaboration-bhrevealed that there was a progressive amount of growth in 2016, and the recent hirings and partnerships resulted in the company’s origination volume increasing to $150 billion.

David G. Kittle, President of The Mortgage Collaborative, elaborated by saying, “Adding 50 new lender members and 20 new Preferred Partners in 2016 met the aggressive goals established by our Board, and grew our aggregate origination volume to over $150 billion.”

The Mortgage Collaborative has made strides to engage with GSEs Fannie Mae and Freddie Mac as well as organizations geared toward developing real estate professionals like The National Association of Hispanic Real Estate Professionals (NAHREP).

Kittle mentioned that the company will build on its conferences, which take place during the winter and spring. “We also greatly expanded our educational and peer-to-peer networking platform that offered lender, networking calls on relevant and specific industry issues,” he said. “As we move into 2017, TMC will continue to expand on both our Winter and Summer conferences, both of which were resoundingly successful in 2016.”

About Author: Mirasha Brown

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Mirasha Brown is a graduate of Florida A&M University and is pursuing a masters degree at Syracuse University. Born and raised in Florida, she has contributed to public relations and marketing campaigns for Rent The Runway and Billboard. She is a communications specialist with The Five Star and a contributing writer to DS News and The MReport.

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