Mortgage-Servicing Company Rankings based on market share according to USA Today's article for 2007:
1. Countrywide Financial 16%
2. Wells Fargo 16%
3. Citi Mortgage 8.7%
4. Chase Home Loans 8.4%
5. Washington Mutual 6.8% (dropped -12%)
6. Bank of America 5.6%
7. Residential Capital (GMAC) 4.9%
8. IndyMac Bancorp 2.2%
9. Wachovia 2.1%
10. National City Mortgage 2.0%
11. PHH Mortgage 1.8% (Coldwell Banker Mortgage, ERA Mortgage, C21 Mortgage, etc.)
12. SunTrust Mortgage 1.6%
13. US Bank Home Mortgage 1.3%
14. Aurora Loan Services 1.2%
15. First Horizon Home Loans 1.2%
16. EMC Mortgage 1.0%
17. Dovenmuehle Mortgage .8%
18. HSBC Mortgage .7%
19. BB&T .7%
20. Morgan Stanley .7%
In case you were wondering how we stack up!
Call me so we can help you and so we can grow our business!
Sam Thompson, PHH Mortgage
Senior Advisor - Helping you GROW your business!
www.activerain.com./luckydog1 - SC
www.activerain.com/luckydog2 - NC
http://samthompson.phhmortgage.com/
I am surprised to see that Countrywide is still maintaining its lead even though the lead appears to be erroding but I am sure glad to see that Indymac is right up there with the big guns and moving up.
Wow! That is pretty surprising - but I guess the first half of the year was weighted differently... THANKS!