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Top Residential Servicers at Sept. 30, 2007

(dollars in millions)

Servicing Volume % Market Mkt Shr

Rank Organization Name Location 9/30/07 9/30/06 Change Share % pt. +/-

1 Countrywide Financial Corp. Calabasas, CA $1,459,136 $1,244,311 17% 16.01% +1.82%

2 Wells Fargo Home Mortgage San Francisco, CA $1,430,843 $1,312,444 9% 15.70% +0.73%

3 CitiMortgage Inc. (1) O'Fallon, MO $791,623 $504,174 57% 8.68% +2.94%

4 Chase Home Finance Iselin, NJ $752,609 $655,530 15% 8.26% +0.78%

5 Washington Mutual Seattle, WA $625,029 $755,194 -17% 6.86% -1.75%

6 Bank of America Charlotte, NC $483,462 $405,564 19% 5.30% +0.68%

7 Residential Capital LLC (GMAC) Minneapolis, MN $479,740 $449,967 7% 5.26% +0.13%

8 IndyMac Bancorp Inc. Pasadena, CA $192,629 $139,022 39% 2.11% +0.53%

9 Wachovia Charlotte, NC $184,779 $169,748 9% 2.03% +0.09%

10 National City Mortgage Miamisburg, OH $183,853 $170,320 8% 2.02% +0.08%

11 PHH Mortgage Mt. Laurel, NJ $161,911 $160,202 1% 1.78% -0.05%

12 SunTrust Mortgage Inc. Richmond, VA $149,860 $124,793 20% 1.64% +0.22%

13 U.S. Bank Home Mortgage Bloomington, MN $114,123 $96,686 18% 1.25% +0.15%

14 Aurora Loan Services Inc. (E) (2) Aurora, CO $110,000 $88,172 25% 1.21% +0.20%

15 First Horizon Home Loans Irving, TX $108,729 $100,617 8% 1.19% +0.05%

16 EMC Mortgage (3) Lewisville, TX $79,997 $66,758 20% 0.88% +0.12%

17 Dovenmuehle Mortgage (E) (SS) Lake Zurich, IL $70,000 $64,000 9% 0.77% +0.04%

18 HSBC Mortgage Corp. USA Depew, NY $65,782 $64,993 1% 0.72% -0.02%

19 Branch Banking & Trust Co. Wilson, NC $63,790 $58,305 9% 0.70% +0.04%

20 Taylor, Bean & Whitaker Ocala, FL $53,361 $29,320 82% 0.59% +0.25%

21 Cenlar FSB (SS) Ewing, NJ $52,000 $48,000 8% 0.57% +0.02%

22 Annaly Capital Investment (R) New York, NY $44,641 $28,348 57% 0.49% +0.17%

23 Regions Mortgage Inc. Montgomery, AL $43,134 $35,974 20% 0.47% +0.06%

24 Fifth Third Mortgage Cincinnati, OH $42,241 $36,755 15% 0.46% +0.04%

25 Flagstar Bank FSB Troy, MI $37,281 $33,253 12% 0.41% +0.03%

26 Provident Funding Associates Burlingame, CA $36,540 $27,742 32% 0.40% +0.08%

27 EverBank/EverHome Mortgage (E) Jacksonville, FL $34,000 $32,819 4% 0.37% -0.00%

28 Central Mortgage Co. Little Rock, AR $25,364 $18,966 34% 0.28% +0.06%

29 Navy FCU Merrifield, VA $22,348 $19,999 12% 0.25% +0.02%

30 Hudson City Savings Bank Paramus, NJ $21,990 $17,335 27% 0.24% +0.04%

Top 30 Totals: $7,920,795 $6,959,311 14% 84.55% 7.32%

Total Outstanding Receivables $9,115,000 $8,771,007 4%

Notes: Includes subservicing contracts. Results may be incomplete because some servicers would not provide numbers. Subprime servicers excluded from this table but are listed separately in this report. Also, some firms listed here include subprime in with their total numbers. Market share cut based on outstanding U.S. housing debt of $9.115 trillion at Sept. 30, 2007. QDR/MSN assumes it has captured 90% of the market. (1) This fall Citigroup bought the servicing operation of Ameriquest Mortgage. (2) ALS is owned by Lehman. (3) EMC is owned by Bear Stearns. (E) Estimate. (R) Firm is a mortgage investing REIT. (HB) Owned by a homebuilder.

Source: MSN/Quarterly Data Report. Questions? E-mail: 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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