Top Residential Mortgage Originators in 2000
Published March 08, 2001, 10:08 a.m. EST
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Updated January 02, 1970, 9:08 a.m. EST
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Top Residential Mortgage Originators in 2000
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| Published March 8, 2001 | |
| Rank | Company | Location | 2000 | 1999 | Change | Market Share | Change |
| 1 | Chase Manhattan Mortgage 1 | Edison, N.J. | $76,559 | $93,299 | -18% | 7.21% | -0.43% |
| 2 | Wells Fargo Home Mortgage 2 | Des Moines | $66,907 | $81,994 | -18% | 6.30% | -0.42% |
| 3 | Countrywide Home Loans | Calabasas, Calif. | $61,694 | $75,381 | -18% | 5.81% | -0.36% |
| 4 | Bank of America Mortgage | Charlotte, N.C. | $51,819 | $66,618 | -22% | 4.88% | -0.58% |
| 5 | Washington Mutual 3,5 | Seattle | $47,299 | $44,614 | 6% | 4.45% | 0.80% |
| 6 | ABN Amro Mortgage | Troy, Mich. | $24,290 | $28,194 | -14% | 2.29% | -0.02% |
| 7 | Fleet Mortgage 4 | Columbia, S.C. | $23,391 | $35,115 | -33% | 2.20% | -0.67% |
| 8 | PNC Mortgage 5 | Vernon Hills, Ill. | $22,341 | $19,561 | 14% | 2.10% | 0.50% |
| 9 | Cendant Mortgage | Mt. Laurel, N.J. | $22,144 | $25,569 | -13% | 2.09% | -0.01% |
| 10 | HomeSide Lending | Jacksonville, Fla. | $21,555 | $28,959 | -26% | 2.03% | -0.34% |
Notes:
1 Chase Manhattan Mortgage is in the process of buying Advanta Mortgage, a subprime lender.
2 Wells Fargo Mortgage bought most of the production operation of G.E. Mortgage last year.
It also took control of Crossland Mortgage.
3 Washington Mutual bought PNC Mortgage in early 2001. It also is buying Bank United.
4 Fleet Mortgage is for sale.
5 PNC Mortgages volume represents originations prior to the Wamu purchase.
Questions? Email: paul.muolo@tfn.com or call 202-434-0330.
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