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Top Residential Servicers at March 31, 2010

Rank Organization Name Servicing Volume 3/31/10 3/31/09 Percent Change Market Share Mkt Shr % pt. +/-

1 Bank of America $2,151,451 $2,112,800 2% 21.95% +0.32%

2 Wells Fargo & Co. 1,797,759 1,767,808 2 18.34 +0.24

3 Chase 1,376,310 1,477,630 -7 14.04 -1.08

4 CitiMortgage Inc. 699,782 791,936 -12 7.14 -0.97

5 Residential Capital (GMAC) 406,902 390,657 4 4.15 +0.15

6 U.S. Bank Home Mortgage 191,846 159,549 20 1.96 +0.32

7 SunTrust Mortgage Inc. 176,108 164,149 7 1.80 +0.12

8 PNC Mortgage/National City 154,099 181,925 -15 1.57 -0.29

9 PHH Mortgage 153,060 149,183 3 1.56 +0.03

10 OneWest Financial (E) (2) 115,000 150,000 -23 1.17 -0.36

11 MetLife Home Loans 109,181 93,197 17 1.11 +0.16

12 Aurora Loan Services Inc. 91,455 111,879 -18 0.93 -0.21

13 American Home Mortgage Servicing 90,224 107,874 -16 0.92 -0.18

14 Branch Banking & Trust Co. 89,339 76,923 16 0.91 +0.12

15 Cenlar FSB (SS) 85,000 46,000 85 0.87 +0.40

16 Dovenmuehle Mortgage (E) (SS) 75,500 74,500 1 0.77 +0.01

17 HSBC Mortgage Corp. USA (E) 66,547 67,219 -1 0.68 -0.01

18 Annaly Capital Investment (R) 61,984 54,763 13 0.63 +0.07

19 Fifth Third Mortgage 60,048 52,355 15 0.61 +0.08

20 EverBank Mortgage 53,398 41,480 29 0.54 +0.12

Top 20 Totals: 8,004,993 8,071,826 -1 79.05 -0.60

Total Outstanding Receivables 9,801,910 9,769,012 0

Notes: Includes subservicing contracts. Results may be incomplete because some firms would not disclose results. Market share cut based on estimated outstanding U.S. housing debt of $9.847 trillion, which represents a decline from yearend. (1) National City is owned by PNC. (2) OneWest includes the old IndyMac franchise. (E) Estimate. (R) Company is a mortgage investing REIT. (SS) Firm is mostly engaged in subservicing.

Source: MSN/Quarterly Data Report. Questions? E-mail Paul.Muolo@SourceMedia.com.

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