Quantcast

Residential Interest-Only Lenders in Q1 2005

(Dollars in Millions)

(part 1 of 2)

Rk Organization Name Location

1 Countrywide Financial Corp. (E) Calabasas, CA

2 Wells Fargo Home Mortgage San Francisco, CA

3 Aurora Loan Services, Inc. Aurora, CO

4 GreenPoint Mortgage Funding Novato, CA

5 CitiMortgage, Inc. O'Fallon, MO

6 Residential Funding Corp./GMAC Minneapolis, MN

7 PHH Mortgage/Cendant Mt. Laurel, NJ

8 National City Mortgage Miamisburg, OH

9 First Franklin Financial (BC) San Jose, CA

10 New Century Financial Corp. (BC) Irvine, CA

11 American Home Mtg. Investment Melville, NY

12 GMAC Residential Holdings Horsham, PA

13 SunTrust Mortgage, Inc. Richmond, VA

14 WMC Mortgage Corp. (BC) Woodland Hills, CA

15 First Horizon Home Loans Irving, TX

16 MortgageIT New York, NY

17 Option One Mortgage Corp. (BC) Irvine, CA

18 Credit Suisse First Boston New York, NY

19 First Magnus Financial Corp. Tucson, AZ

20 Thornburg Mortgage, Inc. Sante Fe, NM

21 HSBC Mortgage Corp. USA Depew, NY

22 BNC Mortgage, Inc. (BC) Irvine, CA

23 Finance America Corporation (BC) Irvine, CA

24 AmSouth Mortgage Birmingham, AL

25 ABN Amro Mortgage Ann Arbor, MI

(part 2 of 2)

IO Funded IO Funded %

Rk in Q1 2005 in Q1 2004 Change

1 $13,740 na na

2 $9,054 na na

3 $8,771 $4,574 92%

4 $5,630 $4,597 22%

5 $5,285 $893 492%

6 $3,334 $258 1192%

7 $3,062 $538 469%

8 $3,021 na na

9 $2,832 $2,285 24%

10 $2,742 $963 185%

11 $2,673 na na

12 $2,624 $251 945%

13 $2,220 $851 161%

14 $1,731 $305 468%

15 $1,693 $865 96%

16 $1,661 $159 945%

17 $1,586 $76 1979%

18 $1,404 $650 116%

19 $1,268 $196 548%

20 $1,115 $835 34%

21 $977 na na

22 $896 $288 211%

23 $868 $215 304%

24 $834 $551 51%

25 $789 na na

Top 25 Totals:

$79,811 $19,349 312%

Totals Submitted:

$94,696 $25,612 270%

Note: Results may be incomplete because some lenders would not provide interest-only volumes. (BC) Firm mostly engaged in subprime lending. (E) Estimate.

Source: MSN/Alternative Products-QDR. Questions? Email: Paul.MuoloSourceMedia.com.

(c) 2005 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com http://www.sourcemedia.com

Next in News ►