Largest Home Mortgage Originators in 2004
May 13, 2005, 10:08 a.m. EDT 1 Min Read
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Largest Home Mortgage Originators in 2004
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| Published May 13, 2005 | ||||||
| Rank | Volume | Market Share | ||||
| 2004 | 2003 | Change | 2004 | Change* | ||
| 1 | Countrywide Financial Corp. Calabasas, Calif. | $363,009 | $434,864 | -17% | 13.08% | 0.81 |
| 2 | Wells Fargo Home Mortgage San Francisco | 298,463 | 470,119 | -37 | 10.76 | -2.52 |
| 3 | Washington Mutual Seattle | 255,354 | 435,391 | -41 | 9.20 | -3.09 |
| 4 | Chase Home Finance Edison, N.J. | 187,003 | 288,882 | -35 | 6.74 | -1.42 |
| 5 | Bank of America Charlotte | 103,770 | 130,871 | -21 | 3.74 | 0.04 |
| 6 | CitiMortgage Inc. O'Fallon, Mo. | 103,219 | 108,433 | -5 | 3.72 | 0.66 |
| 7 | GMAC Residential Holdings 1 Horsham, Pa. | 87,447 | 114,455 | -24 | 3.15 | -0.08 |
| 8 | Ameriquest Mtg./Argent E BC 2 Orange, Calif. | 77,500 | 36,920 | 110 | 2.79 | 1.75 |
| 9 | National City Mortgage Miamisburg, Ohio | 65,664 | 105,561 | -38 | 2.37 | -0.61 |
| 10 | ABN Amro Mortgage Ann Arbor, Mich. | 56,557 | 129,416 | -56 | 2.04 | -1.62 |
| Top 50 Totals: | $2,497,529 | $3,218,318 | -22 | 90.03 | -0.85 | |
| Top 100 Totals: | $2,746,782 | $3,506,325 | -22 | 92.53 | -0.34 | |
Notes: Volumes calculated by adding quarterly production numbers reported to National Mortgage News. 2004 market share based on estimated total originations of $2.776 trillion. 1 General Motors subsidiaries. 2 Ameriquest is retail arm of Ameriquest Capital; Argent is wholesale arm. BC Subprime funding specialist. E Estimate; company would not disclose data.
Source: National Mortgage News. Questions? Email:
Paul.Muolo@SourceMedia.com
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