Q1 Origination Volume Best Yet For Lenders One

s One Mortgage Cooperative, a national alliance of over 135 mortgage bankers, says its volume for the first quarter of 2009 was the best in the company's history. The organization's banker network originated $17.3 billion in the first quarter of 2009 – an increase increase from the $9.2 billion originated in the fourth quarter of 2008 and the $7.6 billion produced in the first quarter of 2008. If Lenders One was considered a single entity, the cooperative would rank fifth in the country for its first-quarter loan origination volume. The company's goal is to reach a total volume of more than $70 billion for 2009. SOURCE: Lend

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