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Top Alt-A Servicers in 3Q 07

($ in Millions)

Alt-A Servicers %

Rk Organization Name Q3 07 Q3 06 Change

1 Wells Fargo Home Mortgage $93,362 $70,553 32%

2 CitiMortgage Inc. $64,973 na na

3 EMC Mortgage (1) $20,547 $36,962 -44%

4 First Horizon Home Loans $18,298 $2,217 725%

5 National City Mortgage $12,995 $12,879 1%

6 Option One Mortgage Corp. (BC) (2) $12,010 na na

7 SunTrust Mortgage Inc. $11,958 $12,632 -5%

8 Select Portfolio Servicing (BC) $6,646 $4,576 45%

9 Ocwen Loan Servicing LLC (BC) $5,417 $4,997 8%

10 Taylor, Bean & Whitaker $4,961 $404 1128%

11 Amtrust Bank $4,788 na na

12 Cenlar FSB (SS) $809 $8,645 -91%

13 Central Mortgage Co. $606 $806 -25%

14 Downey Savings & Loan Assn. $537 $672 -20%

15 M & T Mortgage $416 na na

Top 15 Totals: $258,323 $155,343 66%

Submitted Totals: $259,301 $155,930 66%

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 Bear Stearns.

(2) Owned by H&R Block which is trying to sell OOMC's servicing business.

(BC) Servicer is a subprime specialist.

(SS) Firm is a subservicing specialist.

Source: NMN/Quarterly Data Report. Questions? E-mail Paul.MuoloSourceMedia.com. (c) 2008 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com/ http://www.sourcemedia.com/

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