Generation Mortgage just announced that its wholesale division has consistently posted an approximate 20% month-to-month production gain throughout the past year, despite recent economic upheaval in the mortgage industry. “We anticipate continued, measured growth as we strategically align ourselves with the best in our industry,” explained Sherry Apanay, Senior Vice President of Generation’s Wholesale Division.
Generation credits its success to the high level of customer service it’s able to provide its clients throughout the life of the loan. The company is one of the few wholesale lenders in today’s market that has taken on the task of servicing their loans in house. “Because we handle the servicing in house, we’re able to provide the same high level of personal service throughout the life of the loan,” continued Apanay.
The Atlanta, Georgia based company is the 9th largest wholesale lender according to data provided by Reverse Market Insight’s ReverseIQ Newsletter. The majority of Generation’s business is originated through its wholesale channel, which Apanay said represents about 75% of its total production.
The company also recently added Kimberly Kerrigan, the former VP of One Mortgage Network to expand its wholesale business out west.
