Top Residential Servicers

View Table
Printer Friendly Version
Top Residential Servicers

Top Residential Servicers
On June 30, 2004. Dollars in millions
Published October 26, 2004
    Portfolio Year earlier Change Market share Change
1 Wells Fargo Home Mortgage San Francisco $740,220 $592,687 25% 10.05% 1.20%
2 Countrywide Financial Corp. Calabasas, Calif. 726,227 559,124 30 9.86 1.51
3 Washington Mutual Seattle 717,995 726,920 -1 9.75 -1.11
4 Chase Home Finance Edison, N.J. 492,548 437,092 13 6.69 0.16
5 Bank of America Charlotte 253,300 249,550 2 3.44 -0.29
6 CitiMortgage Inc. O'Fallon, Mo. 232,339 196,234 18 3.15 0.22
7 GMAC Residential Holdings Horsham, Pa. 211,283 192,632 10 2.87 -0.01
8 ABN Amro Mortgage Ann Arbor, Mich. 205,002 201,325 2 2.78 -0.22
9 National City Mortgage Miamisburg, Ohio 158,344 140,305 13 2.15 0.05
10 Cendant Mortgage Mount Laurel, N.J. (1) 144,370 129,346 12 1.96 0.03
  Top 50: $5,190,219 $4,582,713 13% 70.45% 2.02%
  All respondents to survey: $7,367,000 $6,697,000 10%    

Notes: Includes subservicing contracts. Market share based on total estimated U.S. housing receivables of$7.367 trillion at 6/30/04. This ranking excludes subprime servicing specialists. Results may be incomplete because some firms would not respond.

(1) Cendant Mortgage is expected to sell some of its servicing in the next quarter or two.

Source: National Mortgage News. Questions? Email:

paul.muolo@sourcemedia.com

© 2004 American Banker