What's New

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

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

April 2010 Existing Home Sales
(May 24, 2010) The National Association of Realtors reported on April existing home sales today.

Macro Environment

Log In

Please sign in

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

New Home Sales

Existing Home Sales | Housing Starts | Mortgage Employment

Source:U.S. Department of Commerce

Analysis

Subprime Lending Is Back Again:Volume Small, but Profits Large

By Paul Muolo

Subprime residential lending is in vogue again, except that none of the firms funding the loans call the product "subprime." Oh, and there's one other catch: loan volumes are extremely small, but the profit margins are through the roof.

Take, for example, some of the recent loans made by Excelsior Management Group, Lake Oswego, Ore., a firm managed by mortgage "hard money" veteran Rick Baldwin. On average, the notes originated by EMG carry yields of 12% with five points.

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