:: Home :: Residential Lending :: Residential Servicing :: Commercial Lending :: Commercial Servicing :: Warehousing :: Companies :: People :: GNMA Issuers :: GNMA Servicers :: States :: Counties :: Metro Areas :: Macro Environment :: Stats News :: Analysis :: Stocks :: Conference Calendar :: Other Data Products Related Sites :: National Mortgage News :: Mortgage Technology :: BrokerUniverse :: Mortgage Servicing News :: Managing REO :: Mortgage Grapevine

What's New

The Immediate Outlook
(August 27, 2010) Read Paul Muolo's analysis on the ten mortgage things you need to focus on now.

Analysis

2010 Q1 Data Now Available
(June 10, 2010) First quarter 2010 origination and servicing data is now available.

Residential Lending

April 2010 New Home Sales
(May 26, 2010) April 2010 new home sales numbers were released today by the U.S. Department of Commerce

Macro Environment

Log In

Please sign in

Username (this is typically your email)

Password

  • Forgot your password? We'll send it to you.
  • Not yet registered? Do it now!
  • As a registered user, you'll get access to detailed company and executive profiles.

Residential Lenders

Residential Lenders Ranked by Total Volume

Dollars in Millions
Rank Company 2010Q1
1 Wells Fargo & Company $77,090
2 Bank of America $71,530
3 Chase $32,763
4 Ally Bank/Residential Capital, LLC (GMAC) $12,968
5 CitiMortgage, Inc. $11,064
6 U.S. Bank Home Mortgage $8,980
7 PHH Mortgage $7,825
8 SunTrust Bank $5,646
9 Provident Funding Associates $5,327
10 Branch Banking & Trust Company $5,155

Residential Lenders

Residential Servicers

Residential Servicers Ranked by Total Servicing Volume

Dollars in Millions
Rank Company 2010Q1
1 Bank of America $2,151,451
2 Wells Fargo & Company $1,797,759
3 Chase $1,376,310
4 CitiMortgage, Inc. $699,782
5 Ally Bank/Residential Capital, LLC (GMAC) $406,902
6 U.S. Bank Home Mortgage $191,846
7 SunTrust Bank $176,108
8 PNC Mortgage/National City $154,099
9 PHH Mortgage $153,060
10 OneWest Bank/IndyMac $115,000

Residential Servicers

Macroeconomic Environment

Untitled Document

Mortgage Employment

Existing Home Sales | Housing Starts | New Home Sales

Source:Bureau of Labor Statistics/MortgageStats.com

Analysis

The Immediate Outlook: The Industry Will Turn on Rates and Jobs

By Paul Muolo

Waiting for the mortgage and housing industry to return to solid growth may be a bit like waiting for Godot, but there is hope and it lies with low interest rates. The yield on the 10-year Treasury continues to hover at the 3% range, occasionally falling a little above or below that line. As any veteran mortgage banker knows, as interest rates go, so goes the mortgage industry. But there is one other key ingredient that feeds the prospects of this industry: the unemployment rate, which continues to hover at 9.5%. If more Americans don't get back to work — and start buying homes — the residential finance sector will suffer.

Perhaps what we stated in the above paragraph is obvious to readers of MortgageStats.com and its publisher, National Mortgage News. Perhaps, not. But jobs are the key to any sustained recovery in housing and mortgages and this fact is worth repeating — often. It's what this business is all about. Few can argue with that.

In that spirit, here's 10 mortgage-related things you need to know right now:

Click here for more.
Untitled Document

States

Top States by Lending Volume

Dollars in Thousands
Rank State 2008
1 California $363,094,865
2 Texas $112,938,856
3 Florida $102,532,987
4 Illinois $101,016,098
5 New York $95,139,669
6 New Jersey $79,348,833
7 Washington $76,138,784
8 Virginia $74,133,602
9 North Carolina $63,086,701
10 Pennsylvania $62,544,437

All States

Untitled Document

Counties

Top Counties by Lending Volume

Dollars in Thousands
Rank county 2008
1 Los Angeles County, CA $88,678,856
2 Cook County, IL $49,749,589
3 Maricopa County, AZ $34,226,287
4 Orange County, CA $33,091,124
5 San Diego County, CA $31,644,978
6 King County, WA $28,385,157
7 Santa Clara County, CA $27,748,409
8 Riverside County, CA $20,029,367
9 Alameda County, CA $18,215,156
10 Harris County, TX $16,978,554

All counties

Untitled Document

Metropolitan Areas

Top Metropolitan Areas by Lending Volume

Dollars in Thousands
Rank Metropolitan Area 2008
1 Los Angeles-Long Beach-Glendale, CA $88,630,823
2 Chicago-Naperville-Joliet, IL $77,057,094
3 New York-Wayne-White Plains, NY-NJ $70,930,690
4 Washington-Arlington-Alexandria, DC-VA-MD-WV $53,638,942
5 Atlanta-Sandy Springs-Marietta, GA $39,917,873
6 Seattle-Bellevue-Everett, WA $38,110,276
7 Phoenix-Mesa-Scottsdale, AZ $37,299,327
8 Riverside-San Bernardino-Ontario, CA $34,543,195
9 Santa Ana-Anaheim-Irvine, CA $33,078,199
10 Oakland-Fremont-Hayward, CA $32,758,992

All Metropolitan Areas