Magazine article American Banker

Top Home Mortgage Servicers

Magazine article American Banker

Top Home Mortgage Servicers

Article excerpt

At yearend 2002. Dollars in millions.

(part 1 of 2)

Rank

    1    Washington Mutual Seattle
    2    Wells Fargo Home Mortgage Des Moines
    3    Countrywide Financial Corp. Calabasas, Calif.
    4    Chase Home Finance Edison,  N.J.
    5    Bank of America Charlotte
    6    GMAC Residential Holdings Horsham, Pa.
    7    ABN Amro Mortgage Ann Arbor, Mich.
    8    National City Mortgage Miamisburg, Ohio
    9    Cendant Mortgage Mt. Laurel, N.J.
    10   CitiMortgage, Inc.1 St. Louis
    11   Principal Residential Mortgage Des Moines
    12   First Nationwide Mortgage Corp.1 Frederick, Md.
    13   Golden West Financial Corp./World Oakland
    14   Homecomings/GMAC-RFC Bloomington, Minn.
    15   SunTrust Mortgage Inc. Richmond
    16   First Horizon Home Loans Irving, Tex.
    17   U.S. Bank Home Mortgage/Firstar Bloomington, Minn.
    18   Dovenmuehle MortgageE Schaumburg, Ill.
    19   HSBC Mortgage Corp. USA Depew, N.Y.
    20   Bank One MortgageE Fisher, Ind.
    21   BB&T Co. Wilson, N.C.
    22   Fifth Third Mortgage Cincinnati
    23   Cenlar Ewing, N.J.
    24   GreenPoint Mortgage Funding Novato, Calif.
    25   Flagstar Bank FSB Troy, Mich.


    (part 2 of 2)

             Volume       Volume     Volume     Market share
    Rank       2002         2001     Change    2002     Change*

    1      $723,147     $496,704      45.59   11.47%      2.60
    2       570,312      487,823      16.91    9.05       0.33
    3       452,405      336,627      34.39    7.18       1.16
    4       426,020      429,840      -0.10    6.80      -0.92
    5       264,518      299,090     -11.56    4.20      -1.15
    6       198,637      191,991       3.46    3.15      -0.28
    7       184,456      146,464      25.94    2.93       0.31
    8       123,099       88,917      38. … 
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