MBA: GMAC Top Commercial Servicer

At midyear, GMAC Commercial Holding was the No. 1 commercial mortgage servicer in terms of total named servicing volume, with a $240.70 billion portfolio, according to the Mortgage Bankers Association.No. 2 on the list, Wachovia Securities, is well behind GMAC, with a portfolio totaling $140.51 billion. The rankings are based on the MBA's survey of large commercial mortgage-backed securities servicers -- with at least $1 billion in named CMBS servicing volume -- for the period ending June 30. Also on the list -- which includes the servicer's CMBS, life company, and other commercial mortgage loans serviced -- are: Midland Loan Services ($102.43 billion); Lennar Partners ($100.57 billion); GEMSA Loan Services ($60.67 billion); Wells Fargo Commercial Mortgage Servicing ($44.26 billion); Bank of America ($44.22 billion); Prudential Asset Resources ($43.51 billion); ARCap Servicing ($42.61 billion); and Washington Mutual Bank ($32.43 billion). The MBA can be found online at http://www.mortgagebankers.org.