South residential lenders--top 25; Fourth-quarter 2005 / sort order: total loan amount.
South Residential Lenders--Top 25
Fourth-Quarter 2005 / Sort Order: Total Loan Amount
PURCHASE
Total Number
Rank Lender $ Volume of Loans
1 COUNTRYWIDE FINANCIAL CORP.* $6,404,750,000 42,387
2 BANK OF AMERICA $4,232,755,000 25,099
3 WELLS FARGO BANK $5,090,728,000 28,436
4 SUNTRUST MTG./SUNTRUST BK.* $2,969,966,000 17,931
5 JP MORGAN CHASE BANK $1,986,082,000 10,755
6 WACHOVIA BANK $633,859,819 3,826
7 WASHINGTON MUTUAL BANK $1,446,872,000 6,805
8 CITIMORTGAGE/CITIBANK* $845,672,065 4,673
9 PRIVATE LENDER** $1,272,720,000 9,247
10 FREMONT INVESTMENT & LOAN $1,338,707,000 9,358
11 WACHOVIA MORTGAGE $1,176,801,000 5,529
12 NATIONAL CITY MORTGAGE* $1,078,484,000 5,011
13 FIRST HORIZON HOME LOANS $1,031,419,000 6,564
14 BRANCH BANKING & TRUST $880,764,434 5,459
15 NEW CENTURY MORTGAGE $986,323,328 7,889
16 WORLD SAVINGS BANK $542,392,587 2,832
17 ARGENT MORTGAGE $785,510,880 5,336
18 INDYMAC BANK $741,189,124 4,744
19 AMSOUTH BANK $538,308,589 3,026
20 OPTION ONE MORTGAGE $772,064,601 5,907
21 HOMEBANC MORTGAGE $1,036,439,000 5,735
22 ABN AMRO MORTGAGE $634,307,118 3,864
23 LONG BEACH MORTGAGE $933,186,583 7,608
24 FIRST MAGNUS FINANCIAL $789,851,219 5,427
25 WMC MORTGAGE $788,587,907 5,722
Other Institutional Lender(s) $56,475,352,000 358,014
TOTAL $95,413,099,000 597,184
PURCHASE
Share of Share
Rank Lender $ Volume of Loans
1 COUNTRYWIDE FINANCIAL CORP.* 6.71% 7.10%
2 BANK OF AMERICA 4.44% 4.20%
3 WELLS FARGO BANK 5.34% 4.76%
4 SUNTRUST MTG./SUNTRUST BK.* 3.11% 3.00%
5 JP MORGAN CHASE BANK 2.08% 1.80%
6 WACHOVIA BANK 0.66% 0.64%
7 WASHINGTON MUTUAL BANK 1.52% 1.14%
8 CITIMORTGAGE/CITIBANK* 0.89% 0.78%
9 PRIVATE LENDER** 1.33% 1.55%
10 FREMONT INVESTMENT & LOAN 1.40% 1.57%
11 WACHOVIA MORTGAGE 1.23% 0.93%
12 NATIONAL CITY MORTGAGE* 1.13% 0.84%
13 FIRST HORIZON HOME LOANS 1.08% 1.10%
14 BRANCH BANKING & TRUST 0.92% 0.91%
15 NEW CENTURY MORTGAGE 1.03% 1.32%
16 WORLD SAVINGS BANK 0.57% 0.47%
17 ARGENT MORTGAGE 0.82% 0.89%
18 INDYMAC BANK 0.78% 0.79%
19 AMSOUTH BANK 0.56% 0.51%
20 OPTION ONE MORTGAGE 0.81% 0.99%
21 HOMEBANC MORTGAGE 1.09% 0.96%
22 ABN AMRO MORTGAGE 0.66% 0.65%
23 LONG BEACH MORTGAGE 0.98% 1.27%
24 FIRST MAGNUS FINANCIAL 0.83% 0.91%
25 WMC MORTGAGE 0.83% 0.96%
Other Institutional Lender(s) 59.19% 59.95%
TOTAL 100.00% 100.00%
NONPURCHASE
Total Number
Rank Lender $ Volume of Loans
1 COUNTRYWIDE FINANCIAL CORP.* $5,183,944,000 38,218
2 BANK OF AMERICA $7,085,720,000 63,214
3 WELLS FARGO BANK $4,511,350,000 29,969
4 SUNTRUST MTG./SUNTRUST BK.* $4,064,070,000 36,388
5 JP MORGAN CHASE BANK $3,676,212,000 28,894
6 WACHOVIA BANK $4,745,788,000 44,120
7 WASHINGTON MUTUAL BANK $2,860,535,000 23,771
8 CITIMORTGAGE/CITIBANK* $2,173,944,000 16,485
9 PRIVATE LENDER** $1,290,677,000 8,157
10 FREMONT INVESTMENT & LOAN $1,128,755,000 5,877
11 WACHOVIA MORTGAGE $985,142,632 4,821
12 NATIONAL CITY MORTGAGE* $1,005,962,000 4,569
13 FIRST HORIZON HOME LOANS $962,494,936 6,493
14 BRANCH BANKING & TRUST $1,099,082,000 11,568
15 NEW CENTURY MORTGAGE $892,254,745 5,784
16 WORLD SAVINGS BANK $1,207,938,000 6,317
17 ARGENT MORTGAGE $893,278,227 5,270
18 INDYMAC BANK $827,873,251 4,302
19 AMSOUTH BANK $997,270,822 10,765
20 OPTION ONE MORTGAGE $737,657,266 4,013
21 HOMEBANC MORTGAGE $389,511,445 1,736
22 ABN AMRO MORTGAGE $745,698,687 3,885
23 LONG BEACH MORTGAGE $407,660,224 2,654
24 FIRST MAGNUS FINANCIAL $515,901,529 2,935
25 WMC MORTGAGE $515,613,845 2,843
Other Institutional Lender(s) $58,956,768,000 443,951
TOTAL $107,861,108,000 816,999
NONPURCHASE
Share of Share
Rank Lender $ Volume of Loans
1 COUNTRYWIDE FINANCIAL CORP.* 4.81% 4.68%
2 BANK OF AMERICA 6.57% 7.74%
3 WELLS FARGO BANK 4.18% 3.67%
4 SUNTRUST MTG./SUNTRUST BK.* 3.77% 4.45%
5 JP MORGAN CHASE BANK 3.41% 3.54%
6 WACHOVIA BANK 4.40% 5.40%
7 WASHINGTON MUTUAL BANK 2.65% 2.91%
8 CITIMORTGAGE/CITIBANK* 2.02% 2.02%
9 PRIVATE LENDER** 1.20% 1.00%
10 FREMONT INVESTMENT & LOAN 1.05% 0.72%
11 WACHOVIA MORTGAGE 0.91% 0.59%
12 NATIONAL CITY MORTGAGE* 0.93% 0.56%
13 FIRST HORIZON HOME LOANS 0.89% 0.79%
14 BRANCH BANKING & TRUST 1.02% 1.42%
15 NEW CENTURY MORTGAGE 0.83% 0.71%
16 WORLD SAVINGS BANK 1.12% 0.77%
17 ARGENT MORTGAGE 0.83% 0.65%
18 INDYMAC BANK 0.77% 0.53%
19 AMSOUTH BANK 0.92% 1.32%
20 OPTION ONE MORTGAGE 0.68% 0.49%
21 HOMEBANC MORTGAGE 0.36% 0.21%
22 ABN AMRO MORTGAGE 0.69% 0.48%
23 LONG BEACH MORTGAGE 0.38% 0.32%
24 FIRST MAGNUS FINANCIAL 0.48% 0.36%
25 WMC MORTGAGE 0.48% 0.35%
Other Institutional Lender(s) 54.66% 54.34%
TOTAL 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 2006 Mortgage Bankers Association of America
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006 Gale, Cengage Learning. All rights reserved.
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