Top 100 Banks and S&Ls Based on Nonperforming Loans/Gross Loans

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Top 100 Banks and S&Ls Based on Nonperforming Loans/Gross Loans
(dollars in millions)
Published October 23, 2000

Rank Organization Name Location Servicing Volume at6/30/2000 12/31/1999 6/30/1999 % change June '00-Dec.'99 % change June '00-June'99 Market Share %Mkt Shr pt. +/-
1 Bank of America Mortgage Charlotte, NC $330,489 $294,610 $273,789 12% 21% 6.77% +0.30%
2 Chase Manhattan Mortgage Edison, NJ $329,900 $310,865 $243,080 6% 36% 6.76% -0.07%
3 Wells Fargo Home Mortgage Des Moines, IA $301,436 $282,470 $268,367 7% 12% 6.18% -0.03%
4 Countrywide Home Loans, Inc. Calabasas, CA $265,437 $245,819 $236,299 8% 12% 5.44% +0.04%
5 Washington Mutual Seattle, WA $170,223 $159,478 $111,727 7% 52% 3.49% -0.02%
6 HomeSide Lending, Inc. Jacksonville, FL $156,831 $150,734 $142,621 4% 10% 3.21% -0.10%
7 GMAC Mortgage Horsham, PA $155,572 $150,933 $136,469 3% 14% 3.19% -0.13%
8 Fleet Mortgage Columbia, SC $139,880 $142,074 $127,775 -2% 9% 2.87% -0.26%
9 First Nationwide Mortgage Frederick, MD $105,731 $96,522 $92,613 10% 14% 2.17% +0.05%
10 ABN AMRO Mortgage Troy, MI $99,880 $73,830 $66,070 35% 51% 2.05% +0.42%

Source: National Mortgage News/ Quarterly Data Report
© 2000 American Banker