Banker & Tradesman: May 13, 2019

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TOP LOAN ORIGINATORS SEE PAGE 12

THE FINANCIAL SERVICES AND REAL ESTATE WEEKLY FOR MASSACHUSETTS BY THE NUMBERS

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County close-up: Franklin Spotlight: Erving

As the world grows more complex, financial institutions require more types of insurance, whether it is protecting the attorneys that represent them in real estate transactions or for various cybersecurity issues. Justin Kesner, a senior vice president of the legal professional liability division at Quincy-based Amity Insurance, is here to help.

IN PERSON

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WEEK OF MONDAY, MAY 13, 2019

BANKING & LENDING BY THE NUMBERS

T O P L O A N O R I G I N AT O R S

1.15 million Massachusetts Latinos are expected to number over 1.15 million by 2035, many of them prospective homebuyers. See Bram Berkowitz’s story on this page. Source: UMass Boston

$162.57 million The loan volume produced by Massachusetts’ top bank loan originator. See page 12. Source: The Warren Group’s Loan Originators Module

780 Bank of America’s score, the lowest on a survey of customer satisfaction among banks in New England. See page 17. Source: J.D. Power

$300,000 The mortgage of the most expensive home in this week’s Gossip Report. See page 9. Source: The Warren Group

TOP LOAN ORIGINATOR SEES UNTAPPED POTENTIAL OF LATINO HOMEBUYERS Back Office Support, Quick Closing Crucial for Leading LOs

88 The number of loans originated by the top mortgage company loan originator on the Cape and the Islands. See page16. Source: The Warren Group’s Loan Originators Module

25.39 percent Only 25.39 percent of Massachusetts Latinos currently own homes. See Bram Berkowitz’s story on this page. Source: National Association of Hispanic Real Estate Professionals

$640,000 The amount a Lynn man stole from accounts at a Santander Bank branch with help from a teller. See page 10. Source: U.S. Attorney for Massachusetts

$47.54 million The dollar volume of loans produced by Worcester County’s top loan originator. See page 14. Source: The Warren Group’s Loan Originators Module

Unless otherwise noted, all data is sourced from The Warren Group’s Mortgage Market Share Module, Loan Originator Module, Statistics Module and/or proprietary database. For more

BY BRAM BERKOWITZ BANKER & TRADESMAN STAFF

T

here are many different strategies when it comes to succeeding in the mortgage business, but Luisa Bedoya of MSA Mortgage has built her career on focusing on Latino homebuyers, and now her strategy is beginning to pay dividends. “I’ve witnessed an enormous increase in the Hispanic population in Massachusetts since 2010,” she said. “I am committed to cultural diversity and I’m

COMMERCIAL INTERESTS

authentic in my desire to help Latinos achieve the dream of homeownership.” The Warren Group, publisher of Banker & Tradesman, has compiled from its proprietary loan originators

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module the top loan originators of calendar year 2018. The originators are ranked by number of loans, loan volume statewide, by region and by the institution with which they are most closely affiliated. Bedoya was one of the top originators from a mortgage company last year, with close to $90 million in total loan volume. Her average loan amount was $400,146 and three-quarters of her business was purchase mortgages. More than half of Bedoya’s business was for multifamily properties and more than 40 percent of originations were FHA loans.

RISK-REWARD PROFILE

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information please visit www.thewarrengroup.com/business/ datasolutions.

Commercial Real Estate PAGE 3

Continued on Page 11

Commercial Real Estate PAGE 7


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