Infographic: Top Mortgage Originators

Top Mortgage Originators
In the second quarter. Dollars in billions
Published September 3, 2002
  2Q volume Market share
  '02 '01 Change Percent Change
Wells Fargo Home Mortgage Des Moines $59.69 $45.55 31% 11.62% 2.81%
Washington Mutual Seattle 57.33 46.05 24 11.16 2.23
Countrywide Credit Industries Calabasas, Calif. 42.13 32.41 30 8.21 1.91
Chase Manhattan Mortgage Edison, N.J. 26.53 54.36 -51 5.17 -5.37
ABN Amro Mortgage Ann Arbor, Mich. 21.11 20.41 3 4.11 0.15
Bank of America Charlotte 14.41 26.24 -45 2.81 -2.28
National City Mortgage Miamisburg, Ohio 13.71 14.14 -3 2.67 -0.07
GMAC Mortgage Horsham, Pa. 13.63 13.69 0 2.65 .0
CitiMortgage Inc. St. Louis 12.55 9.49 32 2.44 0.6
Cendant Mortgage Mt. Laurel, N.J. 12.45 11.84 5 2.42 0.13
Homecomings/GMAC-RFC Bloomington, Minn. 11.82 8.77 35 2.3 0.6
Principal Residential Mortgage Des Moines 9.14 10.51 -13 1.78 -0.26
Flagstar Bank Troy, Mich. 7.49 8.19 -9 1.46 -0.13
GreenPoint Mortgage Funding Novato, Calif. 6.98 6.81 3 1.36 0.04
Golden West Financial Corp./World Oakland, Calif. 6.9 5.63 23 1.34 0.25
First Horizon Home Loans Irving, Tex. 5.72 6.18 -7 1.11 -0.08
SunTrust Mortgage Inc. Richmond 5.72 6.39 -11 1.11 -0.13
First Nationwide Mortgage Corp. Frederick, Md. 5.6 7.22 -22 1.09 -0.31
Charter One Bank Cleveland 4.85 3.45 41 0.95 0.27
Ohio Savings Bank Cleveland 4.77 3.13 52 0.93 0.32
Total of top 20 342.51 340.47 1 66.71 0.68
Total of top 100 427.52 430.44 -1 83.26 -0.7

Source: National Mortgage NewsData based on survey results compiled as of Aug. 26 . Market share based on estimated
2Q industrywide production of $513.46 billion
© 2002 American Banker

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