Top Residential Servicers
July 02, 2010, 5:11 p.m. EDT 1 Min Read
View Table
Printer Friendly Version
Top Residential Servicers
Top Residential ServicersOn Dec. 31, 2009. Dollars in millions | ||||||
---|---|---|---|---|---|---|
Rank | Production | Year earlier | Change | Market share | Market share change | |
1 | Bank of America Charlotte | $2,159,616 | $2,056,463 | 5.0% | 21.30 | -0.15% |
2 | Wells Fargo & Co. San Francisco | 1,796,117 | 1,780,884 | 0.9 | 17.72 | -0.86 |
3 | Chase Iselin, N.J. | 1,396,339 | 1,503,230 | -7.1 | 13.77 | -1.91 |
4 | CitiMortgage Inc. O’Fallon, Mo. | 718,927 | 809,633 | -11.2 | 7.09 | -1.35 |
5 | Residential Capital LLC GMAC Minneapolis | 375,754 | 396,333 | -5.2 | 3.71 | -0.43 |
6 | U.S. Bank Home Mortgage Bloomington, Minn. | 187,048 | 154,928 | 20.7 | 1.85 | 0.23 |
7 | SunTrust Mortgage Inc. Richmond, Va. | 176,890 | 159,663 | 10.8 | 1.74 | 0.08 |
8 | PNC Bank/National City Mortgage Miamisburg, Ohio | 158,142 | 187,110 | -15.5 | 1.56 | -0.39 |
9 | PHH Mortgage Mount Laurel, N.J. | 151,481 | 149,756 | 1.2 | 1.49 | -0.07 |
10 | OneWest Financial Pasadena, Calif. E 1 | 125,000 | 162,000 | -22.8 | 1.23 | -0.46 |
11 | MetLife Home Loans Memphis | 103,417 | 87,996 | 17.5 | 1.02 | 0.10 |
12 | Aurora Loan Services Inc. Colo. | 95,610 | 117,035 | -18.3 | 0.94 | -0.28 |
13 | American Home Mortgage Servicing Irving, Texas | 94,509 | 84,376 | 12.0 | 0.93 | 0.05 |
14 | Cenlar FSB Ewing, N.J. | 88,000 | 55,000 | 60.0 | 0.87 | 0.29 |
15 | Branch Banking and Trust Co. Wilson, N.C. | 87,219 | 74,102 | 17.7 | 0.86 | 0.09 |
16 | Dovenmuehle Mortgage Lake Zurich, Ill. E | 75,000 | 74,000 | 1.4 | 0.74 | -0.03 |
17 | Annaly Capital Investment New York R | 64,806 | 55,047 | 17.7 | 0.64 | 0.06 |
18 | HSBC Mortgage Corp. USA Depew, N.Y. | 63,000 | 68,231 | -7.7 | 0.62 | -0.09 |
19 | Fifth Third Mortgage Cincinnati | 58,968 | 50,649 | 16.4 | 0.58 | 0.05 |
20 | Flagstar Bank FSB Troy, Mich. | 56,522 | 63,459 | -10.9 | 0.56 | -0.10 |
Notes: Includes subservicing contracts. Results may be incomplete because some firms would not disclose figures. Market share cut based on estimated U.S. housing debt of $10.14 trillion, which takes into account both first and second liens.
1
OneWest includes the old IndyMac franchise.E
Estimate.R
Company is a mortgage investing REIT.Source: AB/Annual Data Report.
Questions? E-mail:
Paul.Muolo@SourceMedia.com
. © 2010 American Banker