Waterstone Mortgage Corporation
achieved just short of $3 billion in loan originations for 2019. The accomplishment marks a 15 percent increase in sales over 2018 and an all-time annual record for the company, which was founded in 2000.
“This is an exciting milestone for Waterstone Mortgage and our employees,” said Waterstone Mortgage President and CEO Andy Peach. “Not only did we have a record year, but we also filled some key leadership positions. As we continue to look for innovative ways to streamline the mortgage process, we are ready to take our efforts to the next level in 2020.”
At close of business on Dec. 31, 2019, Waterstone Mortgage had reached a total of $2.99 billion in volume and 14,014 in units for the calendar year.
“Waterstone Mortgage continues to be a strong, reputable presence in the mortgage lending industry,” said WaterStone Bank CEO Doug Gordon. “By implementing innovative mortgage technology solutions and offering a wide array of loan programs, Waterstone Mortgage has also become a well-respected and trustworthy lender for homebuyers nationwide.”