Residential Servicers with Lowest Delinquency Rates
Published October 26, 2004, 10:08 a.m. EDT
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Updated January 02, 1970, 9:08 a.m. EST
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Residential Servicers with Lowest Delinquency Rates
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| Published October 26, 2004 | |||||||
| Loans serviced | Past due | Days past due | In foreclosure | ||||
| 30-59 | 60-89 | 90+ | |||||
| 1 | Union Bank of California San Diego | 26,653 | 0.56% | 0.42% | 0.08% | 0.01% | 0.05% |
| 2 | Plymouth Savings Bank Middleboro, Ma. | 19,079 | 0.81 | 0.64 | 0.13 | 0.02 | 0.02 |
| 3 | Capitol Federal Savings and Loan Topeka, Kan. | 48,543 | 0.86 | 0 | 0.58 | 0.06 | 0.22 |
| 4 | Midwest Loan Services Houghton, Mich. | 17,116 | 0.93 | 0.81 | 0.12 | 0 | 0 |
| 5 | AmSouth Mortgage Birmingham, Ala. | 383,911 | 1.05 | 0.55 | 0.18 | 0.31 | 0.04 |
| 6 | Astoria Federal Savings and Loan Lake Success, N.Y. | 52,301 | 1.07 | 0.68 | 0.12 | 0.13 | 0.14 |
| 7 | Secured Bankers Mortgage Co. Van Nuys, Calif. | 5,032 | 1.13 | 0.6 | 0.1 | 0.27 | 0.16 |
| 8 | CUNA Mortgage Corp. Madison, Wis. | 96,996 | 1.29 | 0.17 | 0.6 | 0.3 | 0.22 |
| 9 | State Employees Credit Union Raleigh | 70,071 | 1.32 | 0.91 | 0.18 | 0.23 | 0 |
| 10 | USAA Federal Savings Bank San Antonio | 148,879 | 1.38 | 0.92 | 0.16 | 0.19 | 0.11 |
| 11 | America First Credit Union Riverdale, Utah | 7,808 | 1.8 | 0.77 | 0.43 | 0.47 | 0.13 |
| 12 | E-Trade Arlington, Va. | 12,454 | 2.06 | 1.16 | 0.18 | 0.43 | 0.29 |
| 13 | Charter One Bank Cleveland | 294,416 | 2.43 | 1.32 | 0.31 | 0.46 | 0.34 |
| 14 | Alaska USA Federal Credit Union Anchorage | 16,686 | 2.51 | 1.48 | 0.47 | 0.46 | 0.1 |
| 15 | SunTrust Mortgage Inc. Richmond | 566,729 | 2.54 | 1.81 | 0.31 | 0.26 | 0.16 |
| 16 | TCF Mortgage Corp. Minneapolis | 55,899 | 2.6 | 1.4 | 0.5 | 0.3 | 0.4 |
| 17 | HomeStreet Bank Seattle | 31,438 | 2.73 | 1.45 | 0.41 | 0.63 | 0.24 |
| 18 | Colonial Savings, F.A. Fort Worth | 89,009 | 2.82 | 1.69 | 0.41 | 0.52 | 0.2 |
| 19 | M and I Mortgage Cedarburg, Wis. | 40,767 | 2.86 | 1.7 | 0.34 | 0.41 | 0.41 |
| 20 | Sovereign Bank FSB Rosemont, Pa. | 79,632 | 2.9 | 1.77 | 0.39 | 0.3 | 4.4 |
| Top 20 | $2,063,419 | 1.96% | 1.19% | 0.80% | 0.81% | 0.33% | |
| All respondents | $24,821,361 | 3.21% | 1.80% | 0.80% | 0.81% | 0.46% | |
Notes: *Among those responding to survey
Source: National Mortgage News. Questions? Email: paul.muolo@sourcemedia.com
© 2004 American Banker