Largest Home Mortgage Servicers in 2005
May 19, 2006, 10:08 a.m. EDT 1 Min Read
View Table
Printer Friendly Version
Largest Home Mortgage Servicers in 2005
| | ||||||
| Published May 19, 2006 | ||||||
| Rank | Volume | Market share | ||||
| 2005 | 2004 | Change | 2005 | Change | ||
| 1 | Countrywide Financial Corp. Calabasas, Calif. | $1,111,090 | $838,322 | 33% | 13.40% | 2.46% |
| 2 | Wells Fargo Home Mortgage San Francisco | 1,005,410 | 782,378 | 29 | 12.13 | 1.92 |
| 3 | Washington Mutual Seattle | 746,759 | 727,571 | 3 | 9.01 | -0.49 |
| 4 | Chase Home Finance Iselin, N.J. | 604,170 | 562,708 | 7 | 7.29 | -0.06 |
| 5 | CitiMortgage Inc. O'Fallon, Mo. | 403,208 | 364,268 | 11 | 4.86 | 0.11 |
| 6 | Bank of America Charlotte | 368,352 | 332,467 | 11 | 4.44 | 0.10 |
| 7 | GMAC Residential Holdings1 Horsham, Pa. | 288,813 | 231,766 | 25 | 3.48 | 0.46 |
| 8 | ABN Amro Mortgage Ann Arbor, Mich. | 205,953 | 201,154 | 2 | 2.48 | -0.14 |
| 9 | National City Mortgage Miamisburg, Ohio | 169,557 | 165,060 | 3 | 2.05 | -0.11 |
| 10 | PHH Mortgage Mount Laurel, N.J. | 157,302 | 145,716 | 8 | 1.90 | 0.00 |
| Top 50 Totals: | $7,071,555 | $5,982,495 | 18% | 85.29% | 6.88% | |
| Total Outstanding Receivables | $8,291,000 | $7,664,000 | 8% | |||
Notes: Results may be incomplete because some firms would not disclose housing receivables. Market share based on estimated U.S. housing debt of $8.291 trillion.
1 These firms are affiliates.
Source:
National Mortgage News
. Questions? Email: Paul.Muolo@SourceMedia.com
.© 2006 American Banker