Quantcast

Top Residential Servicers at December 31, 2003

(Dollars in Millions)

(part 1 of 2)

Rank Company Location

1 Washington Mutual Seattle, WA

2 Wells Fargo Home Mortg. S. Francisco, CA

3 Countrywide Financial Calabasas, CA

4 Chase Home Finance Edison, NJ

5 Bank of America Charlotte, NC

6 ABN Amro Mortgage Ann Arbor, MI

7 CitiMortgage, Inc. O'Fallon, MO

8 GMAC Residential Horsham, PA

9 National City Mortgage Miamisburg, OH

10 Cendant Mortgage Mt. Laurel, NJ

11 Principal Residential Mort. Des Moines, IA

12 Homecomings/GMAC-RFC (E) Bloomington, MN

13 Golden West Financial Corp. Oakland, CA

14 SunTrust Mortgage, Inc. Richmond, VA

15 First Horizon Home Loans Irving, TX

16 U.S. Bank Home Motgage Bloomington, MN

17 HSBC Mortgage Corp. USA Depew, NY

18 Aurora Loan Services, Inc. Aurora, CO

19 Dovenmuehle Mortgage (E) Schaumburg, IL

20 IndyMac Bancorp, Inc. Pasadena, CA

21 Branch Banking & Trust Co. Wilson, NC

22 Flagstar Bank, FSB Troy, MI

23 Alliance Mortgage Company Jacksonville, FL

24 Fifth Third Mortgage Cincinnati, OH

25 Cenlar, FSB Ewing, NJ

(part 2 of 2)

Servicing Volume % Market

Rank 12/31/03 12/31/02 Chg Share

1 $726,216 $723,147 0% 10.26%

2 $664,049 $570,312 16% 9.38%

3 $644,855 $452,405 43% 9.11%

4 $470,040 $426,020 10% 6.64%

5 $246,450 $264,520 -7% 3.48%

6 $207,140 $184,456 12% 2.93%

7 $204,568 $115,400 77% 2.89%

8 $201,191 $198,637 1% 2.84%

9 $152,205 $123,099 24% 2.15%

10 $138,618 $115,847 20% 1.96%

11 $118,692 $107,745 10% 1.68%

12 $80,000 $62,355 28% 1.13%

13 $78,311 $69,448 13% 1.11%

14 $68,957 $57,087 21% 0.97%

15 $68,914 $55,993 23% 0.97%

16 $62,263 $52,387 19% 0.88%

17 $54,910 $44,350 24% 0.78%

18 $49,270 $28,437 73% 0.70%

19 $48,000 $45,000 7% 0.68%

20 $37,066 $29,138 27% 0.52%

21 $36,567 $34,829 5% 0.52%

22 $33,764 $29,418 15% 0.48%

23 $33,000 $25,881 28% 0.47%

24 $30,011 $32,479 -8% 0.42%

25 $30,000 $30,000 0% 0.42%

Top 25 Totals:

$4,485,058 $3,878,390 16% 63.34%

Total Outstanding Receivables:

$7,081,000 $6,305,000 12%

Notes: Includes subservicing contracts.

Market share based on total estimated U.S. housing receivables of $7.081 trillion at 12/31/03. This ranking excludes subprime servicers.

Results may be incomplete because some firms would not respond.

(E) Estimate.

Source: MSN/Quarterly Data Report. Questions? Email: Paul.MuoloThomsonMedia.com. Copyright 2004 Thomson Media Inc. All Rights Reserved. http://www.thomsonmedia.com http://www.mortgageservicingnews.com

Next in News ►