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Flynn On Hunt Mortgage’s Two-Pronged Strategy

NEW YORK CITY—Small-balance originations “picked up significantly last year and this year we expect to do up to $600 million in that business,” the newly promoted president of Hunt Mortgage tells GlobeSt.com.

James Flynn of Hunt Mortgage In common with other CMBS issuers,Hunt Mortgage had “a tough start to the year” in that area, says Flynn.

NEW YORK CITY—For James P. Flynn, newly promoted to the presidency of Hunt Mortgage, the expectation for the next few years is continued growth in loan production volume. Exactly where that growth will come from remains to be seen.

Flynn tells GlobeSt.com that with total originations of $2.5 billion in 2015, 80% of which came from agency loans, Hunt Mortgage is on pace to achieve $3 billion by the end of this year. “By 2019, we hope to have our originations closer to the $5-billion level,” he says. “We think the appropriate size for our organization is somewhere in that $5-billion to $7-billion number.”

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Paul Bubny

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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