Northeast residential lenders--top 30.
First-Half 2005 / Sort Order: Total Loan Amount
PURCHASE
Share Share
Number of $ of
Rank Lender Total $ Volume of Loans Volume Loans
1 COUNTRYWIDE FIN'L. $3,808,437,000 18,266 7.03% 8.14%
CORP.*
2 JP MORGAN CHASE BANK $2,108,379,000 7,940 3.89% 3.54%
3 FLEET NATIONAL BANK $75,945,377 420 0.14% 0.19%
4 WASHINGTON MUTUAL $1,470,248,000 4,285 2.72% 1.91%
BANK FA
5 WACHOVIA BANK $91,264,344 391 0.17% 0.17%
6 CITIMORTGAGE/ $1,406,823,000 4,259 2.60% 1.90%
CITIBANK*
7 WELLS FARGO BANK NA $1,796,309,000 8,142 3.32% 3.63%
8 WELLS FARGO BANK $1,601,950,000 5,226 2.96% 2.33%
9 OPTION ONE MORTGAGE $761,963,530 3,722 1.41% 1.66%
10 WASHINGTON MUTUAL $941,257,837 2,374 1.74% 1.06%
BANK
11 AMERIQUEST MORTGAGE $34,203,961 185 0.06% 0.08%
12 ARGENT MORTGAGE $949,590,151 3,886 1.75% 1.73%
13 NEW CENTURY MORTGAGE $759,433,128 3,421 1.40% 1.52%
14 BANK OF AMERICA $1,018,486,000 3,798 1.88% 1.69%
15 FREMONT INVESTMENT & $896,279,519 3,675 1.66% 1.64%
LOAN
16 PRIVATE LENDER** $626,605,946 2,648 1.16% 1.18%
17 INDYMAC BANK $402,428,207 1,628 0.74% 0.73%
18 PNC BANK $22,475,446 145 0.04% 0.06%
19 WORLD SAVINGS BANK $345,512,229 1,480 0.64% 0.66%
20 GREENPOINT MORTGAGE $736,698,567 3,055 1.36% 1.36%
21 NATIONAL CITY $590,596,498 2,832 1.09% 1.26%
MORTGAGE*
22 SOVEREIGN BANK $345,906,853 1,335 0.64% 0.59%
23 WACHOVIA MORTGAGE $550,644,327 2,281 1.02% 1.02%
24 HSBC MORTGAGE (USA) $647,343,800 2,872 1.20% 1.28%
25 FIRST HORIZON HOME $418,185,868 2,221 0.77% 0.99%
LOANS
26 CITIZENS BANK/MA $15,722,176 28 0.03% 0.01%
27 NATIONAL CITY BANK $216,029,238 2,049 0.40% 0.91%
28 ABN AMRO MORTGAGE $417,212,134 1,886 0.77% 0.84%
29 LONG BEACH MORTGAGE $509,796,812 2,388 0.94% 1.06%
30 WMC MORTGAGE $376,638,383 1,831 0.70% 0.82%
Other Institutional $30,201,593,000 125,783 55.78% 56.04%
Lender(s)
TOTAL $54,143,964,000 224,452 100.00% 100.00%
NONPURCHASE
Share Share
Number of $ of
Rank Lender Total $ Volume of Loans Volume Loans
1 COUNTRYWIDE FIN'L. $4,825,230,000 31,027 4.57% 4.36%
CORP.*
2 JP MORGAN CHASE BANK $4,032,328,000 30,755 3.82% 4.32%
3 FLEET NATIONAL BANK $3,928,507,000 35,647 3.72% 5.01%
4 WASHINGTON MUTUAL $2,349,959,000 14,396 2.23% 2.02%
BANK FA
5 WACHOVIA BANK $3,678,572,000 34,592 3.49% 4.86%
6 CITIMORTGAGE/ $2,186,234,000 16,513 2.07% 2.32%
CITIBANK*
7 WELLS FARGO BANK NA $1,793,942,000 11,320 1.70% 1.59%
8 WELLS FARGO BANK $1,481,134,000 8,134 1.40% 1.14%
9 OPTION ONE MORTGAGE $1,962,474,000 9,174 1.86% 1.29%
10 WASHINGTON MUTUAL $1,698,099,000 7,193 1.61% 1.01%
BANK
11 AMERIQUEST MORTGAGE $2,527,507,000 12,040 2.40% 1.69%
12 ARGENT MORTGAGE $1,583,526,000 7,094 1.50% 1.00%
13 NEW CENTURY MORTGAGE $1,471,782,000 6,762 1.40% 0.95%
14 BANK OF AMERICA $1,121,222,000 5,610 1.06% 0.79%
15 FREMONT INVESTMENT & $1,055,218,000 4,907 1.00% 0.69%
LOAN
16 PRIVATE LENDER** $1,246,627,000 8,185 1.18% 1.15%
17 INDYMAC BANK $1,165,787,000 5,362 1.10% 0.75%
18 PNC BANK $1,444,999,000 16,354 1.37% 2.30%
19 WORLD SAVINGS BANK $1,118,269,000 5,139 1.06% 0.72%
20 GREENPOINT MORTGAGE $720,979,159 3,813 0.68% 0.54%
21 NATIONAL CITY $862,713,947 4,301 0.82% 0.60%
MORTGAGE*
22 SOVEREIGN BANK $1,034,305,000 7,303 0.98% 1.03%
23 WACHOVIA MORTGAGE $750,947,105 3,745 0.71% 0.53%
24 HSBC MORTGAGE (USA) $650,859,169 5,381 0.62% 0.76%
25 FIRST HORIZON HOME $844,513,887 5,241 0.80% 0.74%
LOANS
26 CITIZENS BANK/MA $1,228,971,000 9,375 1.16% 1.32%
27 NATIONAL CITY BANK $913,810,116 9,147 0.87% 1.29%
28 ABN AMRO MORTGAGE $652,767,747 3,551 0.62% 0.50%
29 LONG BEACH MORTGAGE $488,411,817 2,450 0.46% 0.34%
30 WMC MORTGAGE $570,172,617 2,739 0.54% 0.39%
Other Institutional $56,113,818,000 383,928 53.19% 53.98%
Lender(s)
TOTAL $105,503,695,000 711,178 100.00% 100.00%
SOURCE: First American Real Estate Solutions, Anaheim, California.
Marketrac[R] information is collected from county recorder offices in
more than 500 counties, representing 85 percent of mortgage transactions
nationwide. Lender participation in Marketrac rankings is automatic.
Rankings are established using the lender name filed on recorded
documents, and therefore do not include non-recorded relationships that
may include wholesale lenders and third-party originators. This report
includes recorded reverse mortgage amounts.
To learn more about Marketrac coverage, visit
www.firstamres.com/mortgagebanking.jsp.
With more than 600,000 users nationwide, First American RES products are
used by companies to improve customer acquisition and retention, detect
and prevent fraud, improve mortgage transaction cycle time and cost
efficiency, measure the value of residential and commercial properties,
identify real estate trends and neighborhood characteristics, track
market performance and increase market share. More information about
First American RES can be found at www.firstamres.com.
* Indicates company has requested that volume for more than one
subsidiary be grouped together under the parent company's listing.
** "Private Lender" refers to a combination of private individual
lenders and/or a lender producing fewer than 10 loans in a given month.
COPYRIGHT 2005 Mortgage Bankers Association of America
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.
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