Financial Services Industry
Industry: Email Alert RSS FeedNationwide Residential Lenders—Top 30
Mortgage Banking, Oct, 2002
Marketrace[R]
Nationwide Residential Lenders--Top 30
First-Half 2002 / Sort Order: Total Loan Amount
PURCHASE
Rank Lender Total Number
$$ Volume Of Loans
1 WASHINGTON MUTUAL BANK $12,091,409,000 60,000
2 WELLS FARGO HOME MORTGAGE $14,078,040,000 74,641
3 BANK OF AMERICA $7,609,031,000 44,978
4 ABN AMRO MORTGAGE $6,463,823,000 35,942
5 COUNTRYWIDE HOME LOANS $6,038,495,000 47,035
6 AMERICA'S WHOLESALE LENDER $5,797,322,000 37,261
7 CHASE MANHATTAN MORTGAGE $3,932,141,000 24,093
8 WORLD SAYINGS $4,339,546,000 21,931
9 CITIMORTGAGE/CITIBANK $1,810,935,000 8,527
10 GREENPOINT MORTGAGE $3,044,679,000 17,116
11 WELLS FARGO BANK $766,525,595 11,171
12 FIRST NATIONWIDE MORTGAGE $1,295,067,000 5,217
13 NATIONAL CITY MORTGAGE $2,331,432,000 16,051
14 BANK ONE $410,979,120 2,812
15 GMAC MORTGAGE $1,430,811,000 11,057
16 ACCUBANC MORTGAGE $1,638,375,000 9,562
17 FIRST HORIZON HOME LOANS $1,798,857,000 11,498
18 DOWNEY SAVINGS & LOAN $1,093,604,000 4,156
19 FIRST UNION NATIONAL BANK $127,978,802 1,475
20 PROVIDENT FUNDING $669,897,900 3,334
21 HSBC MORTGAGE (USA) $1,142,874,000 4,877
22 MERRILL LYNCH CREDIT CORP. $796,343,140 2,767
23 INDYMAC BANK $1,109,494,000 5,945
24 HOMECOMING FINANCIAL $888,341,039 5,444
25 FLEET NATIONAL BANK $239,760,856 1,580
26 DITECH.COM $189,581,088 1,281
27 CAPITOL COMMERCE MORTGAGE $910,137,771 5,056
28 NEW CENTURY MORTGAGE $544,288,319 3,354
29 FIRST FRANKLIN FINANCIAL $2,256,005,000 18,465
30 SUNTRUST MORTGAGE $1,148,604,000 7,980
Other Institutional Lender(s) $125,733,904,000 888,646
Total $211,728,292,000 1,393,252
PURCHASE
Rank Lender Share of Share
$$ Volume Of Loans
1 WASHINGTON MUTUAL BANK 5.71% 4.31%
2 WELLS FARGO HOME MORTGAGE 6.65% 5.36%
3 BANK OF AMERICA 3.59% 3.23%
4 ABN AMRO MORTGAGE 3.05% 2.58%
5 COUNTRYWIDE HOME LOANS 2.85% 3.38%
6 AMERICA'S WHOLESALE LENDER 2.74% 2.67%
7 CHASE MANHATTAN MORTGAGE 1.86% 1.73%
8 WORLD SAYINGS 2.05% 1.57%
9 CITIMORTGAGE/CITIBANK 0.86% 0.61%
10 GREENPOINT MORTGAGE 1.44% 1.23%
11 WELLS FARGO BANK 0.36% 0.80%
12 FIRST NATIONWIDE MORTGAGE 0.61% 0.37%
13 NATIONAL CITY MORTGAGE 1.10% 1.15%
14 BANK ONE 0.19% 0.20%
15 GMAC MORTGAGE 0.68% 0.79%
16 ACCUBANC MORTGAGE 0.77% 0.69%
17 FIRST HORIZON HOME LOANS 0.85% 0.83%
18 DOWNEY SAVINGS & LOAN 0.52% 0.30%
19 FIRST UNION NATIONAL BANK 0.06% 0.11%
20 PROVIDENT FUNDING 0.32% 0.24%
21 HSBC MORTGAGE (USA) 0.54% 0.35%
22 MERRILL LYNCH CREDIT CORP. 0.38% 0.20%
23 INDYMAC BANK 0.52% 0.43%
24 HOMECOMING FINANCIAL 0.42% 0.39%
25 FLEET NATIONAL BANK 0.11% 0.11%
26 DITECH.COM 0.09% 0.09%
27 CAPITOL COMMERCE MORTGAGE 0.43% 0.36%
28 NEW CENTURY MORTGAGE 0.26% 0.24%
29 FIRST FRANKLIN FINANCIAL 1.07% 1.33%
30 SUNTRUST MORTGAGE 0.54% 0.57%
Other Institutional Lender(s) 59.38% 63.78%
Total 100.00% 100.00%
NON - PURCHASE
Rank Lender Total Number
$$ Volume Of Loans
1 WASHINGTON MUTUAL BANK $33,335,168,000 182,803
2 WELLS FARGO HOME MORTGAGE $31,327,806,000 55,001
3 BANK OF AMERICA $22,848,564,000 207,485
4 ABN AMRO MORTGAGE $13,150,455,000 77,844
5 COUNTRYWIDE HOME LOANS $9,269,042,000 89,776
6 AMERICA'S WHOLESALE LENDER $8,870,063,000 58,052
7 CHASE MANHATTAN MORTGAGE $9,276,125,000 54,747
8 WORLD SAYINGS $6,531,161,000 34,382
9 CITIMORTGAGE/CITIBANK $7,410,071,000 44,445
10 GREENPOINT MORTGAGE $5,228,034,000 28,659
11 WELLS FARGO BANK $5,691,054,000 68,993
12 FIRST NATIONWIDE MORTGAGE $4,143,560,000 17,419
13 NATIONAL CITY MORTGAGE $3,034,604,000 19,457
14 BANK ONE $4,831,871,000 60,306
15 GMAC MORTGAGE $3,758,706,000 32,779
16 ACCUBANC MORTGAGE $3,098,082,000 15,190
17 FIRST HORIZON HOME LOANS $2,914,096,000 19,308
18 DOWNEY SAVINGS & LOAN $3,209,282,000 14,152
19 FIRST UNION NATIONAL BANK $4,111,555,000 51,523
20 PROVIDENT FUNDING $3,361,608,000 17,169
21 HSBC MORTGAGE (USA) $2,873,549,000 13,536
22 MERRILL LYNCH CREDIT CORP. $3,190,672,000 11,977
23 INDYMAC BANK $2,686,287,000 13,938
24 HOMECOMING FINANCIAL $2,684,451,000 16,135
25 FLEET NATIONAL BANK $3,231,822,000 26,929
26 DITECH.COM $3,217,166,000 36,232
27 CAPITOL COMMERCE MORTGAGE $2,471,163,000 12,603
28 NEW CENTURY MORTGAGE $2,739,691,000 17,203
29 FIRST FRANKLIN FINANCIAL $876,512,999 6,651
30 SUNTRUST MORTGAGE $1,903,302,000 11,838
Other Institutional Lender(s) $264,324,115,000 2,388,160
Total $475,599,650,000 3,804,692
NON - PURCHASE
Rank Lender Shares of Share
$$ Volume Of Loans
1 WASHINGTON MUTUAL BANK 7.01% 4.80%
2 WELLS FARGO HOME MORTGAGE 6.59% 4.07%
3 BANK OF AMERICA 4.80% 5.45%
4 ABN AMRO MORTGAGE 2.77% 2.05%
5 COUNTRYWIDE HOME LOANS 1.95% 2.36%
6 AMERICA'S WHOLESALE LENDER 1.87% 1.53%
7 CHASE MANHATTAN MORTGAGE 1.95% 1.44%
8 WORLD SAYINGS 1.37% 0.90%
9 CITIMORTGAGE/CITIBANK 1.56% 1.17%
10 GREENPOINT MORTGAGE 1.10% 0.75%
11 WELLS FARGO BANK 1.20% 1.81%
12 FIRST NATIONWIDE MORTGAGE 0.87% 0.46%
13 NATIONAL CITY MORTGAGE 0.64% 0.51%
14 BANK ONE 1.02% 1.59%
15 GMAC MORTGAGE 0.79% 0.86%
16 ACCUBANC MORTGAGE 0.65% 0.40%
17 FIRST HORIZON HOME LOANS 0.61% 0.51%
18 DOWNEY SAVINGS & LOAN 0.67% 0.37%
19 FIRST UNION NATIONAL BANK 0.86% 1.35%
20 PROVIDENT FUNDING 0.71% 0.45%
21 HSBC MORTGAGE (USA) 0.60% 0.36%
22 MERRILL LYNCH CREDIT CORP. 0.67% 0.31%
23 INDYMAC BANK 0.56% 0.37%
24 HOMECOMING FINANCIAL 0.56% 0.42%
25 FLEET NATIONAL BANK 0.68% 0.71%
26 DITECH.COM 0.68% 0.95%
27 CAPITOL COMMERCE MORTGAGE 0.52% 0.33%
28 NEW CENTURY MORTGAGE 0.58% 0.45%
29 FIRST FRANKLIN FINANCIAL 0.18% 0.17%
30 SUNTRUST MORTGAGE 0.40% 0.31%
Other Institutional Lender(s) 55.58% 62.77%
Total 100.00% 100.00%
SOURCE: First American Real Estate Solutions, Anaheim, California.
Marketrac[R] data is collected and compiled from publicly recorded
transactions provided by county government offices in 44 states and 497
counties, representing the major urban and suburban areas most
predictive of lender market share. FirstAmerican Real Estate Solutions
is the nation's largest collector and provider of real estate
information. Coverage consists of more than 100 million parcels within
50 states and 1,370 county and municipal government offices. Updates are
done daily, with more than 2 million property and mortgage transactions
completed per month, representing 85 percent of all activity in the
United States. Products include property data and maps, automated
valuation models, profiling and lead-generation tools for customer
acquisition and retention, lien release programs, legal and vesting
reports, market analysis and statistical products, document images, MLS
applications, flood data, neighborhood profiles, crime data, printed
aerial maps, published reports, custom research services and custom
product development services. Data delivery methods include: browsers,
XML, private-label solutions. Windows[R] desktop solutions, wireless and
bulk licensing arrangements. For more information on First American Real
Estate Solutions, call (800) 426-1466 or visit www.firstamres.com.
Top 30 Lenders-Government Loans
First-Half 2002, Nationwide / Sort Order: Total Loan Amount
Rank Lender Count Dollar Amount
1 WELLS FARGO HOME MORTGAGE 18,974 $2,463,931,697
2 WASHINGTON MUTUAL BANK 6,157 $822,559,166
3 NATIONAL CITY MORTGAGE 6,164 $749,793,514
4 COUNTRYWIDE HOME LOANS 5,993 $740,876,455
5 CTX MORTGAGE 5,187 $689,189,603
6 CHASE MANHATTAN MORTGAGE 5,263 $656,070,111
7 FIRST HORIZON HOME LOANS 4,804 $633,575,547
8 FIRST MAGNUS FINANCIAL 3,906 $550,220,738
9 ACCUBANC MORTGAGE 3,331 $486,928,081
10 ABN AMRO MORTGAGE 3,704 $462,235,368
11 IRWIN MORTGAGE 3,384 $440,465,331
12 KB HOME MORTGAGE 2,392 $341,419,290
13 GMAC MORTGAGE 2,791 $320,578,633
14 CH MORTGAGE 2,289 $315,907,343
15 PACIFIC REPUBLIC MORTGAGE 1,787 $289,766,985
16 GUARANTY RESIDENTIAL 2,040 $265,242,990
17 PRINCIPAL RESIDENTIAL MORTGAGE 2,309 $265,034,949
18 PHH MORTGAGE SERVICING 1,660 $249,224,857
19 KAUFMAN & BROAD MORTGAGE 1,774 $247,856,253
20 UNIVERSAL AMERICAN MORTGAGE 1,780 $246,899,707
21 MYLOR FINANCIAL 1,476 $235,564,117
22 SIERRA PACIFIC MORTGAGE 1,498 $233,866,204
23 COMMONWEALTH UNITED MTG. 1,696 $218,173,307
24 HOMEBANC MORTGAGE 1,655 $209,228,314
25 BANK OF AMERICA 1,748 $202,828,371
26 UNION FEDERAL BK./INDIANAPOLIS 1,632 $202,255,326
27 NEW AMERICA FINANCIAL 1,397 $201,318,625
28 UNION PLANTERS BANK 1,606 $185,373,752
29 TAYLOR BEAN & WHITAKER MTG. 1,606 $177,398,336
30 MATRIX FINANCIAL 1,465 $176,688,837
Other Institutional Lender(s) 159,818 $19,954,133,534
Total 261,286 $33,234,605,341
Rank Lender Market Share Avg. Amount
1 WELLS FARGO HOME MORTGAGE 7.41% $129,858
2 WASHINGTON MUTUAL BANK 2.48% $133,597
3 NATIONAL CITY MORTGAGE 2.26% $121,641
4 COUNTRYWIDE HOME LOANS 2.23% $123,624
5 CTX MORTGAGE 2.07% $132,869
6 CHASE MANHATTAN MORTGAGE 1.97% $124,657
7 FIRST HORIZON HOME LOANS 1.91% $131,885
8 FIRST MAGNUS FINANCIAL 1.66% $140,866
9 ACCUBANC MORTGAGE 1.47% $146,181
10 ABN AMRO MORTGAGE 1.39% $124,794
11 IRWIN MORTGAGE 1.33% $130,161
12 KB HOME MORTGAGE 1.03% $142,734
13 GMAC MORTGAGE 0.96% $114,862
14 CH MORTGAGE 0.95% $138,011
15 PACIFIC REPUBLIC MORTGAGE 0.87% $162,153
16 GUARANTY RESIDENTIAL 0.80% $130,021
17 PRINCIPAL RESIDENTIAL MORTGAGE 0.80% $114,783
18 PHH MORTGAGE SERVICING 0.75% $150,135
19 KAUFMAN & BROAD MORTGAGE 0.75% $139,716
20 UNIVERSAL AMERICAN MORTGAGE 0.74% $138,708
21 MYLOR FINANCIAL 0.71% $159,596
22 SIERRA PACIFIC MORTGAGE 0.70% $156,119
23 COMMONWEALTH UNITED MTG. 0.66% $128,640
24 HOMEBANC MORTGAGE 0.63% $126,422
25 BANK OF AMERICA 0.61% $116,035
26 UNION FEDERAL BK./INDIANAPOLIS 0.61% $123,931
27 NEW AMERICA FINANCIAL 0.61% $144,108
28 UNION PLANTERS BANK 0.56% $115,426
29 TAYLOR BEAN & WHITAKER MTG. 0.53% $110,460
30 MATRIX FINANCIAL 0.53% $120,607
Other Institutional Lender(s) 60.04% $124,855
Total 100.00% $127,196
SOURCE: First American Real Estate Solutions, Anaheim, California.
Marketrac[R] data is collected and complied from publicly recorded
transactions provided by county government offices in 44 states and 497
counties, representing the major urban and suburban areas most
predictive of lender market share.
Top 30 Lenders--New-Home Loans
First-Half 2002, Nationwide / Sort Order: Total Loan Amount
Rank County Count Dollar Amount
1 WELLS FARGO HOME MORTGAGE 31,119 $4,174,479,266
2 CHASE MANHATTAN MORTGAGE 13,331 $1,787,665,606
3 WASHINGTON MUTUAL BANK 12,360 $1,631,716,863
4 COUNTRYWIDE HOME LOANS 12,258 $1,467,443,967
5 NATIONAL CITY MORTGAGE 10,126 $1,291,557,140
6 FIRST HORIZON HOME LOANS 8,311 $1,138,871,676
7 FIRST MAGNUS FINANCIAL 6,068 $858,823,399
8 CTX MORTGAGE 6,012 $807,806,523
9 ABN AMRO MORTGAGE 6,410 $796,909,893
10 ACCUBANC MORTGAGE 5,075 $739,732,635
11 IRWIN MORTGAGE 5,512 $693,537,768
12 GUARANTY RESIDENTIAL 4,167 $593,314,087
13 JAMES B. NUTTER & CO. 5,091 $549,085,578
14 BANK OF AMERICA 3,759 $535,375,079
15 NEW FREEDOM MORTGAGE 4,715 $490,480,938
16 PRINCIPAL RESIDENTIAL MORTGAGE 4,165 $454,202,224
17 GMAC MORTGAGE 3,928 $452,302,991
18 INDYMAC BANK 1,184 $429,957,054
19 HUD 3,839 $420,332,308
20 PACIFIC REPUBLIC MORTGAGE 2,331 $373,247,944
21 WACHOVIA MORTGAGE 2,466 $352,850,961
22 KB HOME MORTGAGE 2,390 $341,316,181
23 UNION FED. BANK/INDIANAPOLIS 2,585 $333,884,090
24 COMMONWEALTH UNITED MTG. 2,612 $333,662,206
25 PHH MORTGAGE SERVICING 2,219 $325,665,521
26 AMERIGROUP MORTGAGE 2,972 $321,358,590
27 TAYLOR BEAN & WHITAKER MTG. 2,869 $320,563,367
28 CH MORTGAGE 2,314 $318,364,265
29 MYLOR FINANCIAL 1,990 $314,463,643
30 NEW AMERICA FINANCIAL 2,130 $303,321,325
Other Instutional Lender(s) 294,747 $39,272,361,014
Total 472,838 $62,680,290,176
Rank County Market Share Avg. Amount
1 WELLS FARGO HOME MORTGAGE 6.66% $134,146
2 CHASE MANHATTAN MORTGAGE 2.85% $134,098
3 WASHINGTON MUTUAL BANK 2.60% $132,016
4 COUNTRYWIDE HOME LOANS 2.34% $119,713
5 NATIONAL CITY MORTGAGE 2.06% $127,549
6 FIRST HORIZON HOME LOANS 1.82% $137,032
7 FIRST MAGNUS FINANCIAL 1.37% $141,533
8 CTX MORTGAGE 1.29% $134,366
9 ABN AMRO MORTGAGE 1.27% $124,323
10 ACCUBANC MORTGAGE 1.18% $145,760
11 IRWIN MORTGAGE 1.11% $125,823
12 GUARANTY RESIDENTIAL 0.95% $142,384
13 JAMES B. NUTTER & CO. 0.88% $107,854
14 BANK OF AMERICA 0.85% $142,425
15 NEW FREEDOM MORTGAGE 0.78% $104,026
16 PRINCIPAL RESIDENTIAL MORTGAGE 0.72% $109,052
17 GMAC MORTGAGE 0.72% $115,148
18 INDYMAC BANK 0.69% $363,139
19 HUD 0.67% $109,490
20 PACIFIC REPUBLIC MORTGAGE 0.60% $160,124
21 WACHOVIA MORTGAGE 0.56% $143,086
22 KB HOME MORTGAGE 0.54% $142,810
23 UNION FED. BANK/INDIANAPOLIS 0.53% $129,162
24 COMMONWEALTH UNITED MTG. 0.53% $127,742
25 PHH MORTGAGE SERVICING 0.52% $146,762
26 AMERIGROUP MORTGAGE 0.51% $108,129
27 TAYLOR BEAN & WHITAKER MTG. 0.51% $111,733
28 CH MORTGAGE 0.51% $137,582
29 MYLOR FINANCIAL 0.50% $158,022
30 NEW AMERICA FINANCIAL 0.48% $142,404
Other Instutional Lender(s) 62.65% $132,562
Total 100.00% $132,562
SOURCE: First American Real Estate Solutions, Anaheim, California.
Marketrac[R] data is collected and compiled from publicly recorded
transactions provided by county government offices in 44 states and 497
counties, representing the major urban and suburban areas most
predictive of lender market share.
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