Chevy Chase Bank of Bethesda, Md., a top 40 ranked residential funder, could be in play, according to combined press reports. In a statement, the thrift's executive vice president, Thomas H. McCormick, declined to comment on the reports, saying, "Not surprisingly rumors have risen from time to time over the years about the interest of other banks in seeking" to acquire the lender/servicer. Among servicers, CCB ranks 36th nationwide, according to the Quarterly Data Report. The depository is privately held, controlled mostly by developer B.F. Saul and members of his family. The Saul family fortified the thrift's capital position two decades ago during the height of the S&L crisis.
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