Top Residential Originators by Volume
| | ||||||
| Published May 18, 2007 | ||||||
| Volume | Market share | |||||
| 2006 | 2005 | Change | Change | |||
| 1 | Countrywide Financial Corp. Calabasas, Calif. | $455,638 | $490,947 | -7.20% | 14.40% | -0.60% |
| 2 | Wells Fargo Home Mortgage San Francisco | 397,641 | 392,329 | 1.4 | 12.6 | 0.6 |
| 3 | Washington Mutual Seattle | 196,181 | 244,319 | -19.7 | 6.2 | -1.3 |
| 4 | Chase Home Finance Iselin, N.J. | 178,269 | 177,890 | 0.2 | 5.6 | 0.2 |
| 5 | CitiMortgage Inc. (1) OFallon, Mo. | 169,219 | 130,433 | 29.7 | 5.4 | 1.4 |
| 6 | Bank of America Charlotte, | 167,527 | 158,884 | 5.4 | 5.3 | 0.4 |
| 7 | IndyMac Bancorp Inc. Pasadena, Calif. | 89,951 | 60,776 | 48 | 2.8 | 1 |
| 8 | GMAC-RFC (2) Minneapolis | 89,261 | 65,863 | 35.5 | 2.8 | 0.8 |
| 9 | EMC Mortgage (3) Lewisville, Tex. | 85,604 | 87,515 | -2.2 | 2.7 | 0 |
| 10 | GMAC Residential Holdings (2) Horsham, Pa. | 73,986 | 91,536 | -19.2 | 2.3 | -0.5 |
| 11 | Wachovia (4) Charlotte | 69,427 | 57,714 | 20.3 | 2.2 | 0.4 |
| 12 | American Home Mortgage Investment Melville, N.Y. | 58,899 | 45,298 | 30 | 1.9 | 0.5 |
| 13 | SunTrust Mortgage Inc. Richmond | 56,216 | 47,655 | 18 | 1.8 | 0.3 |
| 14 | National City Mortgage Miamisburg, Ohio | 43,116 | 59,032 | -27 | 1.4 | -0.4 |
| 15 | PHH Mortgage (5) Mt. Laurel, N.J. | 39,837 | 48,185 | -17.3 | 1.3 | -0.2 |
| 16 | ABN Amro Mortgage (1) Ann Arbor, Mich. | 38,586 | 53,355 | -27.7 | 1.2 | -0.4 |
| 17 | Aurora Loan Services Inc. (AA) (6) Aurora, Colo. | 36,836 | 51,931 | -29.1 | 1.2 | -0.4 |
| 18 | GreenPoint Mortgage Funding Novato, Calif. | 35,631 | 41,853 | -14.9 | 1.1 | -0.2 |
| 19 | Golden West Financial Corp./World (4) Oakland, Calif. | 33,791 | 50,860 | -33.6 | 1.1 | -0.5 |
| 20 | First Horizon Home Loans Irving, Tex. | 31,214 | 41,392 | -24.6 | 1 | -0.3 |
| 21 | First Magnus Financial Corp. Tucson | 30,067 | 27,072 | 11.1 | 1 | 0.1 |
| 22 | MortgageIT (7) New York | 29,478 | 29,222 | 0.9 | 0.9 | 0 |
| 23 | Homecomings Financial (2) Minneapolis | 27,630 | 17,960 | 53.8 | 0.9 | 0.3 |
| 24 | Taylor, Bean & Whitaker Ocala, Fla. | 25,494 | 18,560 | 37.4 | 0.8 | 0.2 |
| 25 | U.S. Bank Home Mortgage Bloomington, Minn. | 22,360 | 23,080 | -3.1 | 0.7 | 0 |
| Top 25 Totals: | $2,481,859 | $2,513,661 | -1.30% | 78.50% | 1.50% | |
| Submitted Totals: | $2,870,656 | $2,964,684 | -3.20% | 89.10% | -0.10% | |
Notes: Production volumes calculated by adding up quarterly production figures reported to NMN. Market share cut is based on estimated 2006 production of $3.16 trillion. Subprime specialists are excluded from this ranking but several firms in this list also fund subprime. (1) CitiMortgage bought ABN Amro Mortgage in 2007. They are listed separately for this ranking. (2) This GMAC-related firms are affiliates that report separately. (3) EMC is owned by Bear Stearns. (4) Wachovia bought Golden West late last year. Both are listed separately for 2006. (5) PHH is in the process of being sold to the Blackstone Group. (6) ALS is owned by Lehman Bros. (7) MortgageIT is owned by Deutsche Bank. (AA) Company is an Alt A specialists.
Source: NMN/Annual Data Report.
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