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Top 'Alt-A' Servicers at June 30, 2007

(Dollar in million)

'Alt-A' Servicers %

Rk. Organization Name Location Q2 '07 Q2 '06 change

1 Wells Fargo Home Mortgage San Francisco, CA $89,646 $47,704 88

2 Aurora Loan services, Inc. (1) Auroa, CO $67,263 $56,631 19%

3 CitiMortgage, Inc. O'Fallon, MO $53,199 na na

4 Residential Capital (GMAC ResCap) Minneapolis, MN $26,916 $22,533 19%

5 First Horizon Home Loans Irving, TX $18,184 $2,195 728%

6 National City Mortgage Miamiburg, OH $15,962 $3,950 304

7 NovaStar Mortgage, Inc. (BC) Kansas City, MO $14,309 $4,300 233%

8 SunTrust Mortgage, Inc. Richmond, VA $13,396 $9,898 35%

9 GreenPoint Mortgage Funding (CL) Novato, CA $12,419 $12,886 4%

10 PHH Mortgage Mt. Laurel, NJ $7,889 na na

11 Select Portfolio Servicing (BC) Salt Lake City, UT $6,573 $4,664 41%

12 Morgan Stanley/Saxon Mortgage Glen Allen, VA $5,811 na na

13 Ocwen Loan Servcing, LLC (BC) West Palm Beach, FL $5,714 $4,900 17%

14 American Home Mtg. Investment (BK) Melville, NY $5,622 $5,257 7%

15 Popular Mortgage Servicing/Equity One (BC) Marlton, NJ $5,317 $3,090 72%

Top 15 Totals: $348,038 $178,008 96%

Submitted Totals: $363,376 $222,634 63%

NOTES: Results may be incomplete because some firms would not disclose this data point. In general 'alt-A' loans are neither conventional nor subprime but have certain characteristics that make them harder to fund/underwrite. (1) Owned by Lehman Bros. (BK) Firm has filed for bankruptcy protection. (BC) Servicer is a subprime specialist. (CL) Closed by parent.

Source: MSN/Alternative Products - QDR. Questions? Email: Paul.MuoloSourceMedia.com (c) 2007 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com/ http://www.sourcemedia.com/

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