Wachovia Securities, which services $413 billion of commercial mortgages as either a master or primary servicer, tops the commercial real estate servicing list just released by the Mortgage Bankers Association. Following Wachovia is PNC Real Estate/Midland Loan Services, with $310 billion, Capmark Finance, with $261 billion, and Wells Fargo, with $183 billion. The MBA also collects data about "special servicers," who are named to take over management of delinquent loans. The top special servicers named in securitized loan transactions are LNR Partners, CWCapital, Centerline Servicing and PNC/Midland.
Processing Content
