Top 25 Lenders
June 27, 2001, 10:08 a.m. EDT 1 Min Read
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Top 25 Lenders
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Published June 27, 2001 |
Rank | Lenders | Location | 1Q '01 | 1Q '00 | Percent Change | MktShr |
1 | Chase Manhattan Mortgage | Edison, NJ | $31,900 | $15,200 | 109.87% | 8.19% |
2 | Wells Fargo Home Mortgage | Des Moines, IA | $28,831 | $11,967 | 140.92% | 7.40% |
3 | Countrywide Home Loans Inc. | Calabasas, CA | $23,788 | $12,045 | 97.49% | 6.10% |
4 | Washington Mutual | Seattle, WA | $22,135 | $9,156 | 141.75% | 5.68% |
5 | Bank of America Mortgage | Charlotte, NC | $17,032 | $13,426 | 26.86% | 4.37% |
6 | ABN AMRO Mortgage | Troy, MI | $13,150 | $4,220 | 211.61% | 3.37% |
7 | GMAC Mortgage | Horsham, PA | $10,625 | $3,291 | 222.85% | 2.73% |
8 | Fleet Mortgage (1) | Columbia, SC | $10,501 | $4,351 | 141.35% | 2.69% |
9 | North American Mortgage/Dime | Tampa, FL | $9,709 | $3,454 | 181.09% | 2.49% |
10 | HomeSide Lending Inc. | Jacksonville, FL | $9,135 | $3,831 | 138.45% | 2.34% |
11 | National City Mortgage | Miamisburg, OH | $9,070 | $4,008 | 126.28% | 2.33% |
12 | Cendant Mortgage | Mount Laurel, NJ | $7,586 | $3,847 | 97.19% | 1.95% |
13 | CitiMortgage Inc. | St. Louis, MO | $6,259 | $3,875 | 61.52% | 1.61% |
14 | CitiFinancial/Associates*(2) | Baltimore, MD | $5,700 | $1,378 | 313.64% | 1.5% |
15 | Flagstar Bank | Bloomfield Hills, MI | $5,440 | $1,960 | 177.55% | 1.4% |
16 | Household Financial Services*(2) | Prospect Heights, IL | $5,000 | $3,050 | 63.93% | 1.4% |
17 | Principal Residential Mortgage | Des Moines, IA | $4,855 | $1,313 | 269.87% | 1.25% |
18 | First Horizon Home Loans | Irving, TX | $4,780 | $3,230 | 47.99% | 1.23% |
19 | SunTrust Mortgage Inc. | Richmond, VA | $4,490 | $2,706 | 65.93% | 1.15% |
20 | GreenPoint Mortgage Funding | Larkspur, CA | $4,176 | $1,986 | 110.27% | 1.07% |
21 | First Nationwide Mortgage Corp. | Frederick, MD | $4,092 | $3,126 | 30.90% | 1.05% |
22 | Golden West Financial Corp./World | Oakland, CA | $3,794 | $3,766 | 0.74% | 0.97% |
23 | Old Kent Mortgage Co. | Grand Rapids, MI | $3,598 | $1,932 | 86.23% | 0.92% |
24 | Pulte Mortgage | Englewood, CO | $3,528 | $2,437 | 44.77% | 0.91% |
25 | IndyMac Bancorp Inc. | Pasadena, CA | $3,398 | $1,705 | 99.30% | 0.87% |
Total Top 25 | $252,572 | $121,260 | 108.3% |
Market share based on 1Q originations of $389 billion.
*Volume is based on estimate from previous quarters.
1Fleet was bought by Wamu in second quarter.2Firms mostly engaged in subprime or "Alt-A" lending Source: Quarterly Data Report/National Mortgage News
© 2001 American Banker