Top Ginnie Mae Servicers
July 02, 2009, 10:08 a.m. EDT 1 Min Read
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Top Ginnie Mae Servicers
Top Ginnie Mae ServicersOn Dec. 31, 2008. Dollars in millions | ||||
|---|---|---|---|---|
| Rank | Servicing volume | Change | ||
| | | |||
| 1 | Wells Fargo Bank Des Moines | $169,713 | $133,238 | 27.4% |
| 2 | Countrywide/Bank of America Pasadena, Calif. | 107,325 | 55,272 | 94.2 |
| 3 | JPMorgan Chase & Co. Columbus, Ohio | 59,391 | 22,663 | 162.1 |
| 4 | CitiMortgage Inc. St. Louis | 52,812 | 43,288 | 22 |
| 5 | Taylor, Bean & Whitaker Ocala, Fla. | 20,459 | 8,736 | 134.2 |
| 6 | U.S. Bank Bloomington, Minn. | 19,629 | 14,129 | 38.9 |
| 7 | Chase Home Finance Inc. Edison, N.J. | 19,628 | 22,043 | -11 |
| 8 | National City Mortgage Co. Dayton, Ohio | 19,410 | 16,990 | 14.2 |
| 9 | Midfirst Bank Oklahoma City | 18,824 | 8,039 | 134.2 |
| 10 | GMAC Mortgage Corp. Horsham, Pa. | 17,736 | 16,976 | 4.5 |
| 11 | SunTrust Mortgage Inc. Richmond | 13,247 | NA | NA |
| 12 | Flagstar Bank Troy, Mich. | 9,715 | 2,700 | 259.8 |
| 13 | Bank of America Corp. Charlotte | 8,645 | 5,342 | 61.8 |
| 14 | EverBank Jacksonville, Fla. | 7,427 | 2,242 | 231.3 |
| 15 | Capmark Finance/GMAC Commercial Horsham, Pa. | 7,029 | 7,525 | -6.6 |
| 16 | PHH Mortgage Corp. Mount Laurel, N.J. | 6,876 | 6,747 | 1.9 |
| 17 | Wells Fargo Multifamily McLean, Va. | 4,540 | 4,614 | -1.6 |
| 18 | Branch Banking and Trust Greenville, S.C. | 3,747 | 1,374 | 172.7 |
| 19 | Midland Loan Services LP Kansas City, Mo. | 3,640 | 2,329 | 56.3 |
| 20 | Banco Popular de Puerto Rico Hato Rey | 3,433 | 1,544 | 122.3 |
| Top 20 Totals: | $573,227 | $375,791 | 52.5% | |
| Top 50 Totals: | $617,077 | $420,934 | 46.6% | |
Notes: Ginnie Mae servicing includes the monthly processing of loans insured by the Federal Housing Administration.
Source: GNMA/National Mortgage News/Annual Data Report.
Paul.Muolo@SourceMedia.com
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