+++
In order of first half 1996 originations of residential mortgage loans
'96 '95
rank rank
1 2 Norwest Mortgage, Inc., Des Moines, Iowa (B,a)
2 1 Countrywide Credit Industries, Pasadena, Calif.
3 4 Chase Manhattan Mortgage Corp., Edison, N.J. (B,b)
4 5 Fleet Mortgage Group Inc., Columbia, S.C. (B,c)
5 7 GMAC Mortgage Corp., Horsham, Pa. (d)
6 11 HomeSide Lending, Inc., Jacksonville, Fla. (B,e)
7 10 BankAmerica Mortgage, San Francisco (B,f)
8 9 NationsBank Mortgage Corp., Charlotte, N.C. (B)
9 20 Resource Bancshares Mortgage Group, Inc., Columbia, S.C.
10 25 FT Mortgage Companies, Dallas (B)
11 14 Standard Federal Bank, Troy, Mich. (T)
12 13 North American Mortgage Co., Santa Rosa, Calif.
13 18 PHH Mortgage Services, Mount Laurel, N.J.
14 21 Flagstar Bank, Bloomfield Hills, Mich. (T)
15 35 G.E. Capital Mortgage Services, Raleigh, N.C.
16 23 Accubanc Mortgage Corp., Dallas
17 39 Principal Residential Mortgage Inc., Des Moines, Iowa
18 24 Citicorp Mortgage, Inc., Stamford, Conn. (B)
19 15 PNC Mortgage Corp of America, Vernon Hills, Ill. (B)
20 8 Great Western Bank, FSB, Chatsworth, Calif. (T)
21 16 American Savings Bank, FA, Stockton, Calif. (T)
22 11 Home Savings of America, FSB, Irwindale, Calif. (T)
23 12 World Savings & Loan Assn, Oakland, Calif. (T)
24 19 CTX Mortgage Co., Dallas
25 27 Inland Mortgage Corp., Indianapolis (B)
26 41 First Nationwide Mortgage Corp, San Francisco (T,g)
27 63 Mellon Mortgage Company, Houston (B,h)
28 140 SunTrust Mortgage, Inc., Atlanta (B)
29 37 Source One Mortgage Services, Farmington Hills, Mich.
30 30 First Union Mortgage Corp., Charlotte, N.C. (B)
31 45 Crestar Mortgage Corp., Richmond, Va. (B)
32 33 Washington Mutual Bank, Seattle (T)
33 22 Bank United of Texas, FSB, Houston (T)
34 29 Union Federal Savings Bank, Indianapolis (T,i)
35 42 First Chicago NBD Mortgage Co., Troy, Mich. (B,j)
36 54 National City Mortgage Co., Miamisburg, Ohio (B,k)
37 28 Banc One Mortgage Corp., Indianapolis (B)
38 34 Republic Bancorp, Inc., Owosso, Mich. (B)
39 31 CrossLand Mortgage Corp., Salt Lake City (B)
40 38 Branch Banking & Trust Co., Winston Salem, N.C. (B,l)
41 194 Harbourton Mortgage Co., L.P., Aurora, Colo.
42 49 Weyerhaeuser Mortgage Co., Woodland Hills, Calif.
43 58 Centerbank Mortgage Co., Waterbury, Conn. (T)
44 53 Dime Savings Bank of New York (T)
45 100 Charter One Bank, FSB, Cleveland (T)
46 48 First Federal Savings & Loan Assn., Rochester, N.Y. (T)
47 36 LaSalle Home Mortgage Corp., Norridge, Ill. (F)
48 81 Long Island Savings Bank, FSB, Melville, N.Y. (T)
49 46 Sovereign Bank, FSB, Wyomissing, Pa. (T,l)
50 64 Headlands Mortgage Co., Larkspur, Calif.
51 69 Boatmen's National Mortgage, Memphis (B)
52 72 M&T Mortgage Corp, Buffalo, N.Y. (B)
53 59 Temple-Inland Mortgage Corp, Austin, Tex. (T)
54 104 GreenPoint Bank, New York (T)
55 43 First Franklin Financial Corp., San Jose, Calif.
56 85 Regions Mortgage Inc., Montgomery, Ala. (B)
57 71 American Home Funding, Inc., Richmond, Va. (T)
58 44 Ryland Mortgage Co., Columbia, Md.
59 32 California Federal Bank, FSB, Los Angeles, Calif. (T,i)
60 51 First of America Loan Services, Kalamazoo, Mich. (B)
61 98 Fifth Third Bank, Cincinnati (B)
62 108 Knutson Mortgage Corp, Minneapolis
63 65 Roosevelt Bank, Chesterfield, Mo. (T,m)
64 57 Colonial Mortgage Company, Montgomery, Ala. (B,l)
65 73 Corinthian Mortgage Corp., Overland Park, Kan. (T)
66 87 Citizens Mortgage Corp., Atlanta (F)
67 60 NVR Mortgage Finance, Inc., Pittsburgh (l)
68 124 Marine Midland Mortgage Corp., Buffalo, N.Y. (F)
69 67 Rock Financial Corp., Bingham Farms, Mich. (l)
70 120 Peoples Heritage Bank, Portland, Me. (T)
71 77 SouthTrust Mortgage Corp., Birmingham, Ala. (B)
72 66 Huntington Mortgage Co., Columbus, Ohio (B)
73 93 Commercial Federal Mortgage, Omaha, Neb. (T)
74 105 ReliaStar Mortgage Corp., West Des Moines, Iowa
75 96 Eastern Mortgage Services, Inc., Trevose, Pa. (B)
76 88 First Town Mortgage Corp., Secaucus, N.J.
77 111 Western Financial Savings Bank, Irvine, Calif. (T,i)
78 79 Signet Mortgage Corp., Richmond, Va. (B,l)
79 113 Union Bank, San Francisco (F)
80 119 Mission Hills Mortgage Corp., Santa Ana, Calif.
81 91 Market Street Mortgage Corp, Clearwater, Fla. (B)
82 126 Chevy Chase Savings Bank, FSB, Laurel, Md. (T)
83 109 Colonial Savings & Loan Assn., Fort Worth (T)
84 106 People's Bank, Bridgeport, Conn. (T)
85 74 Commerce Security Bank, Sacramento, Calif. (B)
86 M&I Mortgage Corp, Cedarburg, Wis. (B)
87 138 AmerUs Mortgage Inc., West Des Moines, Iowa
88 103 Downey Savings & Loan Assn., FA, Newport Beach, Calif.
89 115 BayBanks Mortgage Corp., Westwood, Mass. (B,n)
90 Cityscape Financial Corp., Elmsford, N.Y.
91 139 Guild Mortgage Co., San Diego
92 89 Mid America Federal Savings Bank, Clarendon Hills, Ill. (T)
93 118 Third Federal Savings & Loan Assn., Cleveland (T)
94 78 First National Bank of Maryland, Baltimore (F)
95 125 Collateral Mortgage, Ltd., Birmingham, Ala.
96 122 Harris Trust & Savings Bank, Chicago (F)
97 121 GN Mortgage Co., West Hills, Calif. (T)
98 127 BancOklahoma Mortgage Corp., Tulsa (B)
99 114 TCF Mortgage Corp, Minneapolis (T)
100 84 CitFed Mortgage Corp. of America, Dayton, Ohio (T)
Totals for the top 100 (in $ billion)
Totals for companies reporting both years
Totals for companies reporting both years adjusted for
Totals for the 35 domestic commercial banks in the top 100
Totals for the 35 banks adjusted for mergers
Totals for the 25 nonbank, nonthrift companies
Totals for 34 thrifts
Totals for 34 thrifts adjusted for mergers
Total for 6 foreign commercial bank-owned companies
part 2 of 3
Top 100 Originators of
Residential Home Mortgages
In order of first half 1996 originations of residential mortgage loans
'96 '95 OriginationsOriginations
rank rank First Half 1First Half 1995
1 2 Norwest Mortgage, Inc., De 26,615,716 12,297,363
2 1 Countrywide Credit Industr 20,172,169 15,634,664
3 4 Chase Manhattan Mortgage C 16,724,496 5,279,000
4 5 Fleet Mortgage Group Inc., 12,273,000 5,012,000
5 7 GMAC Mortgage Corp., Horsh 9,444,367 4,547,788
6 11 HomeSide Lending, Inc., Ja 8,768,100 3,315,233
7 10 BankAmerica Mortgage, San 8,746,191 3,845,864
8 9 NationsBank Mortgage Corp. 6,244,908 4,059,313
9 20 Resource Bancshares Mortga 5,631,984 1,777,090
10 25 FT Mortgage Companies, Dal 5,579,873 1,325,405
11 14 Standard Federal Bank, Tro 5,577,249 2,697,868
12 13 North American Mortgage Co 4,942,000 2,825,000
13 18 PHH Mortgage Services, Mou 4,520,000 1,820,482
14 21 Flagstar Bank, Bloomfield 3,959,745 1,682,516
15 35 G.E. Capital Mortgage Serv 3,762,093 952,200
16 23 Accubanc Mortgage Corp., D 3,176,138 1,540,639
17 39 Principal Residential Mort 3,126,292 904,523
18 24 Citicorp Mortgage, Inc., S 3,075,000 1,515,900
19 15 PNC Mortgage Corp of Ameri 2,973,000 2,308,200
20 8 Great Western Bank, FSB, C 2,824,906 4,199,329
21 16 American Savings Bank, FA, 2,785,841 2,086,552
22 11 Home Savings of America, F 2,778,720 3,290,542
23 12 World Savings & Loan Assn, 2,694,424 3,135,342
24 19 CTX Mortgage Co., Dallas 2,626,789 1,811,662
25 27 Inland Mortgage Corp., Ind 2,589,021 1,308,240
26 41 First Nationwide Mortgage 2,479,000 866,100
27 63 Mellon Mortgage Company, H 2,462,346 523,822
28 140 SunTrust Mortgage, Inc., A 2,430,070 125,233
29 37 Source One Mortgage Servic 2,312,000 938,819
30 30 First Union Mortgage Corp. 2,283,957 1,061,820
31 45 Crestar Mortgage Corp., Ri 2,143,102 795,724
32 33 Washington Mutual Bank, Se 2,138,546 1,048,750
33 22 Bank United of Texas, FSB, 1,996,664 1,553,255
34 29 Union Federal Savings Bank 1,942,690 1,110,084
35 42 First Chicago NBD Mortgage 1,810,409 834,422
36 54 National City Mortgage Co. 1,804,155 609,149
37 28 Banc One Mortgage Corp., I 1,798,594 1,242,501
38 34 Republic Bancorp, Inc., Ow 1,792,544 1,038,844
39 31 CrossLand Mortgage Corp., 1,774,142 1,061,125
40 38 Branch Banking & Trust Co. 1,712,102 916,060
41 194 Harbourton Mortgage Co., L 1,672,063 5,915
42 49 Weyerhaeuser Mortgage Co., 1,666,991 756,592
43 58 Centerbank Mortgage Co., W 1,575,683 547,234
44 53 Dime Savings Bank of New Y 1,547,809 611,880
45 100 Charter One Bank, FSB, Cle 1,471,538 297,570
46 48 First Federal Savings & Lo 1,359,900 757,448
47 36 LaSalle Home Mortgage Corp 1,289,736 944,858
48 81 Long Island Savings Bank, 1,218,890 385,166
49 46 Sovereign Bank, FSB, Wyomi 1,175,368 758,109
50 64 Headlands Mortgage Co., La 1,107,189 521,401
51 69 Boatmen's National Mortgag 1,058,090 444,605
52 72 M&T Mortgage Corp, Buffalo 996,998 427,675
53 59 Temple-Inland Mortgage Cor 970,332 547,065
54 104 GreenPoint Bank, New York 911,500 276,736
55 43 First Franklin Financial C 897,662 820,318
56 85 Regions Mortgage Inc., Mon 894,599 371,834
57 71 American Home Funding, Inc 889,710 429,148
58 44 Ryland Mortgage Co., Colum 877,000 797,000
59 32 California Federal Bank, F 875,846 1,052,972
60 51 First of America Loan Serv 862,894 679,147
61 98 Fifth Third Bank, Cincinna 859,081 312,460
62 108 Knutson Mortgage Corp, Min 807,572 267,568
63 65 Roosevelt Bank, Chesterfie 786,799 518,923
64 57 Colonial Mortgage Company, 779,230 557,590
65 73 Corinthian Mortgage Corp., 767,657 426,424
66 87 Citizens Mortgage Corp., A 737,274 362,172
67 60 NVR Mortgage Finance, Inc. 723,546 546,338
68 124 Marine Midland Mortgage Co 717,289 211,167
69 67 Rock Financial Corp., Bing 700,000 455,000
70 120 Peoples Heritage Bank, Por 697,128 226,205
71 77 SouthTrust Mortgage Corp., 691,479 404,440
72 66 Huntington Mortgage Co., C 688,172 463,041
73 93 Commercial Federal Mortgag 636,546 336,494
74 105 ReliaStar Mortgage Corp., 634,857 274,197
75 96 Eastern Mortgage Services, 633,596 323,572
76 88 First Town Mortgage Corp., 623,000 361,000
77 111 Western Financial Savings 617,598 252,810
78 79 Signet Mortgage Corp., Ric 602,005 401,000
79 113 Union Bank, San Francisco 580,026 251,464
80 119 Mission Hills Mortgage Cor 577,669 229,797
81 91 Market Street Mortgage Cor 569,592 353,667
82 126 Chevy Chase Savings Bank, 565,388 203,152
83 109 Colonial Savings & Loan As 557,608 259,440
84 106 People's Bank, Bridgeport, 494,053 270,498
85 74 Commerce Security Bank, Sa 484,165 425,600
86 M&I Mortgage Corp, Cedarbu 481,566 NA
87 138 AmerUs Mortgage Inc., West 481,226 167,077
88 103 Downey Savings & Loan Assn 468,264 282,443
89 115 BayBanks Mortgage Corp., W 463,771 238,966
90 Cityscape Financial Corp., 456,700 NA
91 139 Guild Mortgage Co., San Di 449,483 126,738
92 89 Mid America Federal Saving 442,706 356,197
93 118 Third Federal Savings & Lo 438,669 233,895
94 78 First National Bank of Mar 421,590 401,240
95 125 Collateral Mortgage, Ltd., 393,234 203,836
96 122 Harris Trust & Savings Ban 387,170 215,375
97 121 GN Mortgage Co., West Hill 380,000 218,101
98 127 BancOklahoma Mortgage Corp 370,522 185,787
99 114 TCF Mortgage Corp, Minneap 370,395 249,123
100 84 CitFed Mortgage Corp. of A 369,008 372,310
Totals for the top 100 (in 248.7 126.3
Totals for companies repor 247.8 126.3
Totals for companies repor 247.8 139.6
Totals for the 35 domestic 124 54.1
Totals for the 35 banks ad 124 66
Totals for the 25 nonbank, 71.8 38.3
Totals for 34 thrifts 48.8 31.5
Totals for 34 thrifts adju 48.8 32.7
Total for 6 foreign commer 4.1 2.4
part 3 of 3
Top 100 Originators of
Residential Home Mortgages
In order of first half 1996 originations of residential mortgage loans
'96 '95 %
rank rank change
1 2 Norwest Mortgage, Inc., De 116.4
2 1 Countrywide Credit Industr 29
3 4 Chase Manhattan Mortgage C 216.8
4 5 Fleet Mortgage Group Inc., 144.9
5 7 GMAC Mortgage Corp., Horsh 107.7
6 11 HomeSide Lending, Inc., Ja 164.5
7 10 BankAmerica Mortgage, San 127.4
8 9 NationsBank Mortgage Corp. 53.8
9 20 Resource Bancshares Mortga 216.9
10 25 FT Mortgage Companies, Dal 321
11 14 Standard Federal Bank, Tro 106.7
12 13 North American Mortgage Co 74.9
13 18 PHH Mortgage Services, Mou 148.3
14 21 Flagstar Bank, Bloomfield 135.3
15 35 G.E. Capital Mortgage Serv 295.1
16 23 Accubanc Mortgage Corp., D 106.2
17 39 Principal Residential Mort 245.6
18 24 Citicorp Mortgage, Inc., S 102.8
19 15 PNC Mortgage Corp of Ameri 28.8
20 8 Great Western Bank, FSB, C -32.7
21 16 American Savings Bank, FA, 33.5
22 11 Home Savings of America, F -15.6
23 12 World Savings & Loan Assn, -14.1
24 19 CTX Mortgage Co., Dallas 45
25 27 Inland Mortgage Corp., Ind 97.9
26 41 First Nationwide Mortgage 186.2
27 63 Mellon Mortgage Company, H 370.1
28 140 SunTrust Mortgage, Inc., A1,840.40
29 37 Source One Mortgage Servic 146.3
30 30 First Union Mortgage Corp. 115.1
31 45 Crestar Mortgage Corp., Ri 169.3
32 33 Washington Mutual Bank, Se 103.9
33 22 Bank United of Texas, FSB, 28.5
34 29 Union Federal Savings Bank 75
35 42 First Chicago NBD Mortgage 117
36 54 National City Mortgage Co. 196.2
37 28 Banc One Mortgage Corp., I 44.8
38 34 Republic Bancorp, Inc., Ow 72.6
39 31 CrossLand Mortgage Corp., 67.2
40 38 Branch Banking & Trust Co. 86.9
41 194 Harbourton Mortgage Co., L28,168.20
42 49 Weyerhaeuser Mortgage Co., 120.3
43 58 Centerbank Mortgage Co., W 187.9
44 53 Dime Savings Bank of New Y 153
45 100 Charter One Bank, FSB, Cle 394.5
46 48 First Federal Savings & Lo 79.5
47 36 LaSalle Home Mortgage Corp 36.5
48 81 Long Island Savings Bank, 216.5
49 46 Sovereign Bank, FSB, Wyomi 55
50 64 Headlands Mortgage Co., La 112.3
51 69 Boatmen's National Mortgag 138
52 72 M&T Mortgage Corp, Buffalo 133.1
53 59 Temple-Inland Mortgage Cor 77.4
54 104 GreenPoint Bank, New York 229.4
55 43 First Franklin Financial C 9.4
56 85 Regions Mortgage Inc., Mon 140.6
57 71 American Home Funding, Inc 107.3
58 44 Ryland Mortgage Co., Colum 10
59 32 California Federal Bank, F -16.8
60 51 First of America Loan Serv 27.1
61 98 Fifth Third Bank, Cincinna 174.9
62 108 Knutson Mortgage Corp, Min 201.8
63 65 Roosevelt Bank, Chesterfie 51.6
64 57 Colonial Mortgage Company, 39.7
65 73 Corinthian Mortgage Corp., 80
66 87 Citizens Mortgage Corp., A 103.6
67 60 NVR Mortgage Finance, Inc. 32.4
68 124 Marine Midland Mortgage Co 239.7
69 67 Rock Financial Corp., Bing 53.8
70 120 Peoples Heritage Bank, Por 208.2
71 77 SouthTrust Mortgage Corp., 71
72 66 Huntington Mortgage Co., C 48.6
73 93 Commercial Federal Mortgag 89.2
74 105 ReliaStar Mortgage Corp., 131.5
75 96 Eastern Mortgage Services, 95.8
76 88 First Town Mortgage Corp., 72.6
77 111 Western Financial Savings 144.29
78 79 Signet Mortgage Corp., Ric 50.1
79 113 Union Bank, San Francisco 130.7
80 119 Mission Hills Mortgage Cor 151.4
81 91 Market Street Mortgage Cor 61.1
82 126 Chevy Chase Savings Bank, 178.3
83 109 Colonial Savings & Loan As 114.9
84 106 People's Bank, Bridgeport, 82.6
85 74 Commerce Security Bank, Sa 13.8
86 M&I Mortgage Corp, CedarbuNA
87 138 AmerUs Mortgage Inc., West 188
88 103 Downey Savings & Loan Assn 65.8
89 115 BayBanks Mortgage Corp., W 94.1
90 Cityscape Financial Corp., Elmsford, N.Y.
91 139 Guild Mortgage Co., San Di 254.7
92 89 Mid America Federal Saving 24.3
93 118 Third Federal Savings & Lo 87.5
94 78 First National Bank of Mar 5.1
95 125 Collateral Mortgage, Ltd., 92.9
96 122 Harris Trust & Savings Ban 79.8
97 121 GN Mortgage Co., West Hill 74.2
98 127 BancOklahoma Mortgage Corp 99.4
99 114 TCF Mortgage Corp, Minneap 48.7
100 84 CitFed Mortgage Corp. of A -0.9
Totals for the top 100 (in 97
Totals for companies repor 96.2
Totals for companies repor 77.5
Totals for the 35 domestic 129.4
Totals for the 35 banks ad 88
Totals for the 25 nonbank, 87.5
Totals for 34 thrifts 54.6
Totals for 34 thrifts adju 49.2
Total for 6 foreign commer 73.2
A domestic bank or bank-related company.
A foreign bank related company.
A thrift or thrift-related company.
Acquired Prudential Home Mortgage Co., Clayton, Mo., which had $5.7
Chemical Residential Mortgage Corp., Edison, N.J., and Chase Manhattan
The company merged Shawmut Mortgage Co., West Hartford, Conn., an
The data include Residential Funding Corp., Minneapolis.
The company was formed by the merger of BancBoston Mortgage Companies,
Acquired FBS Mortgage Corp., Minneapolis, which had $660 million in
Acquired Lomas Financial Corp., Dallas, and San Francisco FS&LA.
Acquired Metmor Financial Inc., Overland Park, Kansas. The data shown
The 1996 figure is an American Banker estimate based on the first
The company merged Midwest Mortgage Services Inc., Oakbrook Terrace,
Merged Integra Mortgage Co., Pittsburgh, an affiliated company, with
The 1995 data are an American Banker estimate based on originations for
The 1995 data are an American Banker estimate based on originations for
Its parent, BayBanks Inc., was acquired by Bank of Boston Corp. in July.
