Fairway Independent Mortgage Corporation has announced that it has reached its highest annual volume in the company's 15-year history with $3.94 billion in mortgage volume for 2010 as of Dec. 31, 2010. The total exceeds the previous annual record volume of $3.35 billion set in 2009. "We've been very fortunate," said Steve Jacobson, chief executive officer of Fairway Independent Mortgage. "For years, we've been focused on the purchase business, which comprised 80 percent of our volume at the beginning of the year. This year, we were also able to take advantage of lower rates and refinance activity as well. There's no magic involved. It's a difficult business, and it's never been easy. But we try to be consistent in our plan and never assume we've got it made."
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