MBA: GMAC Top CRE Loan Servicer

GMAC Commercial Mortgage still holds sway as the number one servicer of commercial mortgages by volume for the second quarter (with a $172.281 billion portfolio), according to the Mortgage Bankers Association's CMBS servicing survey.Wachovia Securities came in next at $96.073 billion, followed by Midland Loan Services (78.822 billion), CapMark Services ($75.592 billion) and GEMSA Loan Services ($57.042 billion). The MBA survey only includes firms with at least $1 billion of total named servicing -- primary, master and special -- for CMBS loans. Considering only CMBS servicing portfolios, GMAC was still at the top of the list ($103.903 billion), followed by Wachovia ($70.863 billion), Midland ($55.804 billlion), CapMark ($39.996 billion) and ORIX Capital Markets ($31.298 billion). The survey includes servicing of commercial mortgage-backed securities, life company loans and others.