Top 10 Residential Originators in 2001
June 04, 2002, 10:08 a.m. EDT 1 Min Read
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Top 10 Residential Originators in 2001
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Published June 4, 2002 | ||||||
Rank | Volume | Year | Change | Market | Change | |
1 | Wells Fargo Home Mortgage Des Moines | $195,614 | $66,907 | 192% | 9.47% | 2.69% |
2 | Chase Manhattan Mortgage Edison, N.J. | 183,691 | 75,974 | 142 | 8.89 | 1.19 |
3 | Washington Mutual Seattle (1) | 175,537 | 64,045 | 174 | 8.5 | 2 |
4 | Countrywide Credit Industries Calabasas, Calif. | 138,194 | 61,694 | 124 | 6.69 | 0.43 |
5 | Bank of America Charlotte, N.C. | 84,065 | 51,819 | 62 | 4.07 | -1.18 |
6 | ABN Amro Mortgage Ann Arbor, Mich. | 81,684 | 23,764 | 244 | 3.95 | 1.54 |
7 | National City Mortgage Miamisburg, Ohio | 56,865 | 21,493 | 165 | 2.75 | 0.57 |
8 | GMAC Mortgage Horsham, Pa. | 51,821 | 17,817 | 191 | 2.51 | 0.7 |
9 | North American Mortgage/Dime Tampa (1) | 49,817 | 20,978 | 137 | 2.41 | 0.28 |
10 | HomeSide Lending Inc. Jacksonville, Fla. (2) | 47,168 | 21,555 | 119 | 2.28 | 0.1 |
Notes: Market share is based on estimated loan origination of $2.1 trillion in 2001.
1. Washington Mutual bought Dime in January. They are listed seperately for 2001.
2. Homeside was bought by Washington Mutual in March.
Source: National Mortgage News/Quarterly Data Report.
Questions? Email: paul.muolo@tfn.com.
©2002 American Banker