Leading Alt-A Originators

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Leading Alt-A Originators

Leading Alt-A Originators
In the first half of 2005. Dollars in millions
    Production Year earlier Change
1 Aurora Loan Services Inc. (1) Aurora, Colo. $22,700 $17,886 27%
2 IndyMac Bancorp Inc. Pasadena, Calif. 19,746 11,031 79
3 GreenPoint Mortgage Funding Novato, Calif. 12,313 5,888 109
4 WMC Mortgage Corp. (2) Woodland Hills, Calif. 11,206 5,408 107
5 Impac Funding Corp. Newport Beach, Calif. 9,853 8,176 21
6 GMAC-RFC (3) Minneapolis 6,510 3,081 111
7 Credit Suisse First Boston New York 5,277 4,288 23
8 First Horizon Home Loans Irving, Tex. 4,928 815 505
9 GMAC Residential Holdings Horsham, Pa. 4,683 NA NA
10 HSBC Mortgage Services/Household Charlotte 4,238 NA NA
  Top 25 totals: $128,994 $67,084 92%
  Submitted totals: $139,016 $76,030 83%

Notes: Results may be incomplete because some firms would not disclose their alt-A volume. (1) Aurora is owned by Lehman. (2) WMC is owned by GE. (3) These firms are affiliates.

Source:

National Mortgage News
/Quarterly Data Report. Questions? Email:
Deartra.Todd@SourceMedia.com

© 2005 American Banker