Leading Residential Servicers
October 21, 2005, 10:08 a.m. EDT 1 Min Read
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Leading Residential Servicers
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| Production | Year earlier | Change | Market share | Change | ||
| 1 | Countrywide Financial Corp. Calabasas, Calif. | $964,444 | $726,227 | 33% | 12.10% | 2.24% |
| 2 | Wells Fargo Home Mortgage San Francisco | 905,527 | 740,220 | 22 | 11.36 | 1.32 |
| 3 | Washington Mutual Seattle | 739,047 | 717,995 | 3 | 9.27 | -0.47 |
| 4 | Chase Home Finance Iselin, N.J. | 571,642 | 537,831 | 6 | 7.17 | -0.13 |
| 5 | CitiMortgage Inc. OFallon, Mo. | 379,844 | 232,339 | 63 | 4.77 | 1.61 |
| 6 | Bank of America Charlotte | 346,101 | 319,597 | 8 | 4.34 | 0 |
| 7 | GMAC Residential Holdings (1) Horsham, Pa. | 257,871 | 211,283 | 22 | 3.24 | 0.37 |
| 8 | ABN Amro Mortgage Ann Arbor, Mich. | 202,075 | 205,002 | -1 | 2.54 | -0.25 |
| 9 | National City Mortgage Miamisburg, Ohio | 167,528 | 158,344 | 6 | 2.1 | -0.05 |
| 10 | PHH Mortgage/Cendant Mount Laurel, N.J. | 146,657 | 144,370 | 2 | 1.84 | -0.12 |
| Top 50 totals: | $6,099,527 | $5,178,103 | 18% | 76.54% | 6.25% | |
| Total outstanding receivables | $7,969,000 | $7,367,000 | 8% | |||
Notes: Includes subservicing contracts. Market share based on total estimated U.S. housing receivables of $7.969 trillion at 6/30/05.This ranking excludes subprime servicing specialists. Results may be incomplete because some firms would not respond. (1) Homecomings and GMAC are affiliates. (2) Aurora is owned by Lehman. (3) GreenPoint is owned by Northfork. (AA) Alt A specialist. (E) Estimate.
Source:
National Mortgage News
/Quarterly Data Report. Questions? Email: Deartra.Todd@SourceMedia.com
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