In Brief: Originations Take Off At Preferred Mortgage

originations, mostly due to increased demand for home equity loans. "Preferred introduced home equity loans just over a year ago, resulting in a dramatic increase in loan volume," said Todd A. Rodriguez, chief executive of Preferred. Origination volume at the lender was more than $100 million in October 1995. Preferred originates 100% loan-to-value loans, as well as low-doc loans.

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