Magazine article Mortgage Banking

MBA Releases Midyear Rankings of Top CMBS Servicers

Magazine article Mortgage Banking

MBA Releases Midyear Rankings of Top CMBS Servicers

Article excerpt

THE MORTGAGE BANKERS ASSOCIATION (MBA) has released its midyear rankings of the top commercial mortgage-backed securities (CMBS) servicers of multifamily and commercial loans. GMAC Commercial Mortgage, Wachovia Securities and Midland Loan Services were among the largest servicers in most major categories. The results reflect company data as of June 30, 2004, and any mergers or acquisitions that took effect after that date are not reflected in the results.

The rankings are presented in two ways: CMBS servicing only and total servicing (which takes other servicing categories such as pension and life insurance companies into account).

The ranking by CMBS primary servicing volume lists the following top 10 companies: GMAC Commercial Holding Corporation ($94.062 billion; 29,390 loans), Wachovia Securities ($81.062 billion; 8,892 loans), Midland Loan Services Inc. ($58.251 billion; 8,269 loans), Wells Fargo Commercial Mortgage Servicing ($30.364 billion; 3,795 loans), Bank of America ($20.793 billion; 3,087 loans), KeyBank Real Estate Capital ($19.805 billion; 3,065 loans), GEMSA Loan Services LP ($18. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.