Wachovia Tops CRE Servicers
Wachovia Securities is the largest servicer of commercial and multifamily mortgages, based on volume at the end of 2006, with a $306.6 billion portfolio in primary and master servcing.
Other top commercial/multifamily mortgage servicers are Capmark Finance ($229.3 billion), Midland Loan Services ($213.4 billion), Wells Fargo ($132.9 billion) and KeyBank REC ($105.5 billion).
The Mortgage Bankers Association reported at its annual Commercial Real Estate Finance/Multifamily Housing Convention & Expo here that in terms of servicing of commercial mortgage loans outside the United States, Capmark ranks as the largest primary and master servicer. (c) 2007 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com http://www.sourcemedia.com