Merix Financial surpassed $10 billion in mortgage originations today since the company first started. This was achieved in less than five years, quicker than any other lender in the industry.
"Thank you for believing in our company," wrote Boris Bozic, Merix founding president and CEO, in a press release to its approved originators. "Many of you took a chance on us when we first launched. Imagine a trailer fee lender with no assets under management being selective with whom it wanted to do business with! Lots of people thought we were crazy, that it could never sell. Not only did it sell, many of you this year are realizing the power of trailer fees, because you are earning significant annual income on your book of business with Merix."
Merix thanks its wholesalers, insurers, investors, technology suppliers, and its employees and management team at Paradigm Quest Inc. for all their contributions to getting to this milestone.