Largest Home Mortgage Servicers

View Table
Printer Friendly Version
Largest Home Mortgage Servicers

Largest Home Mortgage Servicers
At yearend 2004. Dollars in millions
Published May 13, 2005
Rank   Volume Market Share
2004 2003 Change 2004 Change*
1 Countrywide Financial Corp. Calabasas, Calif. $838,322 $644,855 30% 10.94% 1.83
2 Wells Fargo Home Mortgage San Francisco 782,378 664,049 18 10.21 0.83
3 Washington Mutual Seattle 727,571 726,216 0 9.49 -0.76
4 Chase Home Finance Edison, N.J. 562,708 517,178 9 7.34 0.04
5 CitiMortgage Inc. O'Fallon, Mo. 364,268 204,568 78 4.75 1.86
6 Bank of America Charlotte 332,467 275,135 21 4.34 0.45
7 GMAC Residential Holdings 1 Horsham, Pa. 231,766 201,191 15 3.02 0.18
8 ABN Amro Mortgage Ann Arbor, Mich. 201,154 207,140 -3 2.62 -0.30
9 National City Mortgage Miamisburg, Ohio 165,060 156,205 6 2.15 -0.05
10 Cendant/PHH Mortgage Mount Laurel, N.J. 145,716 138,618 5 1.9 -0.06
  Top 50 Totals: $5,951,967 $5,062,75 18% 77.66% 6.24%
Total Outstanding Receivables $7,664,000 $7,081,000 8%  

Notes: Includes subservicing contracts. 2004 market share based on estimated U.S. housing receivables of $7.664 trillion on Dec. 31. Results incomplete because some companies would not disclose data. 1 General Motors subsidiary.

Source: National Mortgage News. Questions? Email:

Deartra.Todd@sourcemedia.com
.

© 2005 American Banker