Servicers with Highest Concentration in Fixed Loans
October 24, 2006, 10:08 a.m. EDT 1 Min Read
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Servicers with Highest Concentration in Fixed Loans
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| Published October 24, 2006 | ||||||
| Concentration | Fixed-rate mortgages | |||||
| June 30 | Year earlier | Change | June 30 | Year earlier | ||
| 1 | American Internet Mortgage San Diego | 100% | 100% | 0.00% | $348 | $409 |
| 2 | Universal Servicing Inc. Newington, Conn. | 100 | NA | NA | 1 | NA |
| 3 | IXIS/CDC Real Estate Capital New York | 100 | 100 | 0 | 2,605 | 3,002 |
| 4 | Charter Bank Albuquerque | 98 | 98 | 0 | 3,161 | 2,931 |
| 5 | America First Credit Union Riverdale, Utah | 97 | 96 | 1 | 874 | 796 |
| 6 | Navy Federal Credit Union Merrifield, Va. | 97 | 57 | 70.2 | 18,734 | 9,358 |
| 7 | Cimarron Mortgage Jackson, Miss. | 95 | 95 | 0 | 641 | 668 |
| 8 | Taylor, Bean, and Whitaker Ocala, Fla. | 94 | 88 | 6.7 | 23,296 | 13,015 |
| 9 | Fidelity Bank Wichita | 94 | 94 | 0 | 2,239 | 2,263 |
| 10 | Colonial Savings Fort Worth | 93 | 92 | 1.1 | 9,796 | 8,649 |
| 11 | U.S. Bank Home Mortgage Bloomington, Minn. | 93 | 90 | 3 | 86,915 | 71,008 |
| 12 | VNB Mortgage Services Wayne, N.J. | 90 | 94 | -4.3 | 2,979 | 3,268 |
| 13 | LoanCare Servicing Center Inc. Norfolk, Va. | 88 | 93 | -5.4 | 11,110 | 4,770 |
| 14 | Guardian Mortgage Co. Inc. Richardson, Tex. | 87 | 86 | 1.2 | 1,778 | 1,838 |
| 15 | Fifth Third Mortgage Cincinnati | 87 | 89 | -1.70 | 31,132 | 28,505 |
| 16 | Bank of America Charlotte | 86 | 86 | -0.1 | 336,097 | 297,647 |
| 17 | Midwest Loan Services Houghton, Mich. | 85 | 85 | 0 | 3,176 | 1,837 |
| 18 | Chase Home Finance Iselin, N.J. | 84 | 87 | -3.3 | 539,178 | 498,472 |
| 19 | ABN Amro Mortgage Ann Arbor, Mich. | 84 | 90 | -6.3 | 185,091 | 181,868 |
| 20 | Sovereign Bank FSB Rosemont, Pa. | 83 | 84 | -1.2 | 15,368 | 11,450 |
| 21 | NetBank Columbia, S.C. | 82 | 67 | 23.5 | 12,742 | 12,331 |
| 22 | Webster Bank Cheshire, Conn. | 81 | 75 | 8 | 3,991 | 3,737 |
| 23 | National City Mortgage Miamisburg, Ohio | 80 | 80 | -0.2 | 136,010 | 134,693 |
| 24 | Washington Federal Savings Seattle | 80 | 83 | -3.6 | 5,950 | 5,267 |
| 25 | EverBank/EverHome Mortgage Jacksonville, Fla. | 80 | 72 | 11.2 | 26,687 | 24,862 |
| Top 25 totals: | 85.10% | 85.90% | -0.90% | $1,459,898 | $1,322,642 | |
| Submitted totals: | 66.50% | 69.10% | -3.70% | $4,422,666 | $3,907,004 | |
Note: Some firms would not disclose FRM servicing.
Source: National Mortgage News/Quarterly Data Report
Questions? E-mail: Paul Muolo, NMN's Executive Editor
© 2006 American Banker