| | U.S. BANKER RANKINGS
Mortgage Originators Ranked by Average Loan Size - First Half 2000
(dollars in millions) | | | | | | | | First Half 2000 | First Half 1999 | | Rank | Organization Name | Location | Orig Vol | # loans | Avg. size | Orig Vol | # loans | Avg. size |  | | 1 | Astoria FS & LA | Lake Success, NY | $1,117 | 4,239 | $263,388 | $2,252 | 8,828 | $255,097 | | | 2 | Washington Mutual | Seattle, WA | $20,836 | 89,647 | $232,423 | $21,206 | 109,252 | $194,102 | | | 3 | B.F. Saul Mtg./Chevy Chase Bank | Bethesda, MD | $939 | 4,120 | $227,913 | $1,475 | 7,428 | $198,573 | | | 4 | First Nationwide Mortgage | Frederick, MD | $7,386 | 38,648 | $191,115 | $9,748 | 53,778 | $181,258 | | | 5 | HSBC Mortgage | Depew, NY | $2,768 | 15,644 | $176,937 | $3,234 | 20,650 | $156,610 | | | 6 | Wachovia Mortgage | Winston Salem, NC | $1,033 | 6,083 | $169,783 | $1,134 | 8,302 | $136,545 | | | 7 | Mid America Fed Savings Bank | Clarendon Hills, IL | $595 | 3,566 | $166,854 | $750 | 4,667 | $160,703 | | | 8 | Washington Federal Savings | Seattle, WA | $537 | 3,241 | $165,690 | $592 | 3,613 | $163,853 | | | 9 | Ohio Savings Bank F.S.B. | Cleveland, OH | $3,805 | 23,075 | $164,897 | $5,323 | 32,262 | $164,993 | | | 10 | Prism Mortgage | Chicago, IL | $3,557 | 21,704 | $163,887 | $4,275 | 25,298 | $168,986 | | | 11 | Charter One Mortgage | Cleveland, OH | $2,855 | 18,211 | $156,763 | $2,686 | 20,279 | $132,437 | | | 12 | Branch Banking & Trust Co. | Wilson, NC | $1,676 | 10,998 | $152,346 | $2,712 | 21,222 | $127,806 | | | 13 | Banc One Mortgage Corp. | Indianapolis, IN | $2,832 | 19,106 | $148,226 | $2,766 | 22,049 | $125,448 | | | 14 | Hibernia National Bank | Baton Rouge, LA | $1,009 | 7,024 | $143,579 | $1,126 | 9,226 | $122,057 | | | 15 | PNC Mortgage | Vernon Hills, IL | $8,685 | 61,014 | $142,344 | $11,907 | 76,107 | $156,451 | | | 16 | CitiMortgage Inc. | St. Louis, MO | $9,437 | 66,873 | $141,118 | $9,828 | 63,585 | $154,565 | | | 17 | USAA Federal Savings Bank | San Antonio, TX | $2,129 | 15,260 | $139,523 | $2,991 | 22,491 | $132,987 | | | 18 | First Union Mortgage | Charlotte, NC | $4,225 | 30,653 | $137,833 | $6,834 | 53,173 | $128,524 | | | 19 | SunTrust/Crestar Mortgage Inc. | Richmond, VA | $6,316 | 46,124 | $136,935 | $10,418 | 79,429 | $131,161 | | | 20 | Bank United | Houston, TX | $1,243 | 9,078 | $136,924 | $1,546 | 8,840 | $174,887 | | | 21 | Regions Mortgage Co. | Montgomery, AL | $2,220 | 16,246 | $136,649 | $4,994 | 32,658 | $152,918 | | | 22 | CTX Mortgage | Dallas, TX | $3,822 | 28,059 | $136,213 | $4,910 | 36,518 | $134,454 | | | 23 | ABN AMRO Mortgage | Troy, MI | $10,350 | 76,549 | $135,208 | $16,356 | 119,837 | $136,485 | | | 24 | Wells Fargo Home Mortgage | Des Moines, IA | $29,471 | 218,738 | $134,732 | $50,330 | 366,037 | $137,500 | | | 25 | Old Kent Mortgage Company | Grand Rapids, MI | $4,291 | 32,271 | $132,968 | $7,136 | 60,111 | $118,714 | | | 26 | Cendant Mortgage | Mt. Laurel, NJ | $9,763 | 73,760 | $132,362 | $14,595 | 112,970 | $129,194 | | | 27 | NVR Mortgage Finance Inc. | Pittsburgh, PA | $1,010 | 7,770 | $129,964 | $1,649 | 12,550 | $131,394 | | | 28 | Flagstar Bank | Bloomfield Hills, MI | $4,671 | 36,027 | $129,653 | $9,214 | 73,215 | $125,849 | | | 29 | Huntington Mortgage | Columbus, OH | $637 | 4,943 | $128,889 | $1,272 | 10,948 | $116,213 | | | 30 | M & I Mortgage | Cedarburg, WI | $808 | 6,302 | $128,213 | $1,360 | 10,538 | $129,057 | | | 31 | Fleet Mortgage | Columbia, SC | $8,863 | 69,787 | $127,008 | $22,684 | 182,405 | $124,360 | | | 32 | Temple-Inland Mortgage | Austin, TX | $1,046 | 8,425 | $124,154 | $2,401 | 19,700 | $121,878 | | | 33 | SouthTrust Mortgage Corp. | Birmingham, AL | $1,154 | 9,317 | $123,860 | $1,605 | 13,630 | $117,786 | | | 34 | Fifth Third Bank | Cincinnati, OH | $1,434 | 11,652 | $123,060 | $2,029 | 16,865 | $120,308 | | | 35 | Republic Bancorp Inc. | Owosso, MI | $2,002 | 16,279 | $122,981 | $2,768 | 24,200 | $114,380 | | | 36 | First Horizon Home Loans | Irving, TX | $7,154 | 58,461 | $122,372 | $11,401 | 91,758 | $124,251 | | | 37 | Principal Residential Mortgage | Des Moines, IA | $3,290 | 26,893 | $122,346 | $7,714 | 66,424 | $116,129 | | | 38 | M & T Mortgage | Buffalo, NY | $1,086 | 8,939 | $121,490 | $1,665 | 13,913 | $119,672 | | | 39 | Chase Manhattan Mortgage | Edison, NJ | $33,959 | 282,290 | $120,298 | $56,271 | 450,771 | $124,832 | | | 40 | Quicken Loans Inc. | Livonia, MI | $681 | 5,699 | $119,565 | $1,099 | 10,299 | $106,690 | | | 41 | Columbia National Inc. | Columbia, MD | $713 | 6,026 | $118,303 | $1,108 | 5,209 | $212,709 | | | 42 | National City Mortgage | Miamisburg, OH | $9,472 | 81,552 | $116,151 | $9,422 | 81,195 | $116,047 | | | 43 | North American Mortgage/Dime | Tampa, FL | $8,679 | 75,492 | $114,964 | $13,925 | 118,765 | $117,248 | | | 44 | Market Street Mortgage Corp. | Clearwater, FL | $799 | 6,977 | $114,486 | $1,074 | 9,707 | $110,642 | | | 45 | Firstar Home Mortgage Corp. | Bloomington, MN | $2,569 | 22,941 | $111,983 | $5,200 | 46,038 | $112,950 | | | 46 | GreenPoint Mortgage Funding | Larkspur, CA | $4,537 | 42,530 | $106,678 | $6,151 | 46,656 | $131,837 | | | 47 | Irwin Mortgage Corp. | Indianapolis, IN | $1,943 | 18,393 | $105,654 | $3,387 | 31,390 | $107,901 | | | 48 | Taylor, Bean & Whitaker | Ocala, FL | $1,054 | 10,251 | $102,800 | $570 | 2,685 | $212,291 | | | 49 | Union Planters Mortgage | Cordova, TN | $2,320 | 24,468 | $94,818 | $1,797 | 22,349 | $80,406 | | | 50 | GMAC Mortgage | Horsham, PA | $7,040 | 83,502 | $84,309 | $9,284 | 84,675 | $109,643 | | | | | | $249,817 | 1,864,847 | $133,961 | $376,174 | 2,824,495 | $133,183 | |
Note: Results may vary because some firms would not provide number of loans originated, needed to calculate the average loan size originated. This could result in the industry’s average loan size being distorted.
Source: U.S. Banker/Quarterly Data Report |  | | |
