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Fairway Releases Strong Year End Statistics

""Fairway Independent Mortgage Corporation"":fairwayindependentmc.com/ has released its 2011 internal findings, and the company was pleased to announce that last year marked its second highest annual total for mortgage loan volume in Fairway's history. Additionally, Fairway experienced its strongest quarter on record to end the year with an estimated $3.6 billion in volume.

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During the fourth-quarter of 2011, Fairway made company history with a total of $1.3 billion in mortgage loan volume during the period. The company credits low mortgage rates and

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its ongoing national expansion plan for its successful end to the year.

While Fairway was able to boast about its robust volume of mortgage loans, it's worth noting that the company's total volume for 2011 was down by 10 percent year-over-year. In 2010, Fairway racked up $3.94 billion in total volume, compared to $3.6 billion for last year.

Fairway's CEO, Steve Jacobson, spoke out on the recent findings, commenting, ""We are very thankful to be in this position. Our resiliency and success given current market conditions is a testament to the amazing people we have on board, who put the utmost care into every transaction.""

Other positives for Fairway during 2011 included an 11 percent company expansion, with Fairway adding 13 new branches for the year. The company has declared that it plans to continue its growth in 2012; currently, Fairway has 128 locations nationwide.

Founded in 1996, Wisconsin-based Fairway employees an estimated 1,100 people around the country. The mortgage lender's corporate strategy revolves around building team relationships while establishing diverse offices that can operate autonomously to deliver fully compliant, high quality loans.

About Author: Abby Gregory

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