The mortgage industry has undergone massive downsizing after experiencing banner years during the pandemic. Shant Banosian, EVP at Guaranteed Rate and a top producing loan officer who eclipsed $1 billion in mortgage production in each of the last three years, said he also cut his team size by half while focusing on growing market share.

Banosian funded $1.7 billion in loan volume in 2020 and topped his record at $2.2 billion in 2021, becoming the top LO of the year, according to Scotsman Guide‘s list of top mortgage bankers. 

“Even though the volume was details ⇒

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