Top Servicers
Published May 18, 2007, 10:08 a.m. EDT
|
Updated January 02, 1970, 9:08 a.m. EST
1 Min Read
View Table
Printer Friendly Version
Top Servicers
| | ||||||
| Published May 18, 2007 | ||||||
| Number of loans serviced | Market share | |||||
| 2006 | 2005 | Change | Change | |||
| 1 | Wells Fargo Home Mortgage San Francisco | 9,945,065 | 7,672,744 | 29.60% | 14.00% | 1.90% |
| 2 | Countrywide Financial Corp. Calabasas, Calif. | 8,198,873 | 7,431,949 | 10.3 | 11.5 | -0.1 |
| 3 | Chase Home Finance Iselin, N.J. | 5,718,628 | 5,433,259 | 5.3 | 8.1 | -0.5 |
| 4 | Washington Mutual Seattle | 4,958,600 | 5,362,910 | -7.5 | 7 | -1.4 |
| 5 | Bank of America Charlotte | 4,626,197 | 4,238,772 | 9.1 | 6.5 | -0.1 |
| 6 | CitiMortgage Inc. OFallon, Mo. | 3,934,570 | 3,307,968 | 18.9 | 5.5 | 0.3 |
| 7 | GMAC Residential Holdings Horsham, Pa. | 2,547,894 | 2,308,213 | 10.4 | 3.6 | 0 |
| 8 | ABN Amro Mortgage Ann Arbor, Mich | 1,612,818 | 1,508,942 | 6.9 | 2.3 | -0.1 |
| 9 | National City Mortgage Miamisburg, Ohio | 1,091,046 | 1,118,813 | -2.5 | 1.5 | -0.2 |
| 10 | Homecomings FinancialMinneapolis | 880,518 | 782,149 | 12.6 | 1.2 | NM. |
| 11 | SunTrust Mortgage Inc. Richmond, Va. | 847,584 | 733,533 | 15.5 | 1.2 | NM. |
| 12 | Wachovia (1) Charlotte | 834,756 | 215,423 | 287.5 | 1.2 | 0.8 |
| 13 | U.S. Bank Home Mortgage Bloomington, Minn. | 831,888 | 740,993 | 12.3 | 1.2 | 0 |
| 14 | BB&T Wilson, N.C. | 777,062 | 756,135 | 2.8 | 1.1 | -0.1 |
| 15 | IndyMac Bancorp Inc. Pasadena, Calif. | 722,289 | 484,602 | 49.00 | 1.00 | 0.30 |
| 16 | First Horizon Home Loans Irving, Tex. | 634,636 | 618,336 | 2.6 | 0.9 | -0.1 |
| 17 | EMC Mortgage Lewisville, Tex. | 483,331 | 453,094 | 6.7 | 0.7 | 0 |
| 18 | Aurora Loan Services Inc. Colo. | 451,576 | 393,688 | 14.7 | 0.6 | 0 |
| 19 | Regions Mortgage Montgomery, Ala. | 415,569 | 397,651 | 4.5 | 0.6 | 0 |
| 20 | Dovemuehle Mortgage (E) (SS) Lake Zurich, Ill. | 409,050 | 378,750 | 8 | 0.6 | 0 |
| 21 | HSBC Mortgage Corp. Depew, N.Y. | 367,551 | 375,771 | -2.2 | 0.5 | -0.1 |
| 22 | Fifth Third Mortgage Cincinnati | 333,448 | 318,088 | 4.8 | 0.5 | 0 |
| 23 | EverBank/EverHome Mortgage Jacksonville, Fla. | 303,608 | 307,443 | -1.2 | 0.4 | -0.1 |
| 24 | Morgan Stanley/Saxon Mortgage Glen Allen, Va. | 285,290 | 266,934 | 6.9 | 0.4 | NM. |
| 25 | GreenPoint Mortgage Funding Novato, Calif. | 281,502 | 289,304 | -2.7 | 71.90 | -0.1 |
| Top 25 Totals | 51,493,349 | 45,895,464 | 12.20% | 66.90% | 0.40% | |
| Totals Submitted | 54,621,941 | 48,950,897 | 11.60% | 76.20% | NM | |
Notes: Results may be incomplete because some firms would not disclose number of loans serviced. (1) Wachovias year-end numbers include that of GoldenWest Financial which it bought late last year. (SS) Firm is a most involved in subservicing loans for others. (E) Estimate.
Source: National Mortgage News/Quarterly Data Report.
Questions? Email:
Paul.Muolo@SourceMedia.com
© 2007 American Banker