Hard-to-find data on the leaders in originations, servicing & secondary marketing
IMF's quarterly Top Lender Profiles presents each lender's business, in dollars and percents, on one page, so you can see all the details — for originations, secondary marketing and servicing — in one snapshot.
The 4Q20 profiles are now available, and from them, you'd glean information about the performance at …
Quicken Loans, the top lender overall, with $320.21 billion in production volume in 2020. Quicken did most of its business via the retail channel (an estimated $219.77 billion for the year), but it was no slouch in the broker channel, either ($95.26 billion).
Chase, which saw its servicing volume decrease from $652.33 billion in 3Q20 to $624.83 billion in 4Q20 — and its share of the servicing market drop from 5.6% to 5.3% — but also saw its delinquency rate fall to 3.78% in 4Q from 4.17% in the third quarter.
Movement Mortgage, one of only two companies in the top 25 to do more purchase money business than refinances. Movement made $17.28 billion in purchase loans in 2020, compared with $12.65 billion in refis.
loanDepot,which sold $27.53 billion of loans to the GSEs in 4Q20 ($10.63 billion to Fannie Mae and $16.91 billion to Freddie Mac) and saw its share of the GSE sales market rise to 3.4% from 2.7% in the third quarter, taking the #5 spot among GSE sellers.
Caliber Home Loans, the third largest FHA lender for the quarter, with $2.93 billion in business — up from $2.58 billion in 3Q20 and $1.33 billion in the year-ago period.
… and 20 other companies that led the industry in originations, servicing, GSE sales and government-agency business.
The top lenders for fourth quarter of 2020 were:
Amerihome Mortgage, Bank of America, Caliber Home Loans, Chase Home Finance, Citi, Citizens Bank, Cross Country Mortgage, Fairway Independent, Flagstar Bank, Freedom Mortgage Corp., Guaranteed Rate, Guild Mortgage, Home Point Financial, Lakeview Loan Servicing, loanDepot.com, Movement Mortgage, Mr. Cooper, New American Funding, New Residential, PennyMac Mortgage Investment Trust, Quicken Loans, Truist, United Wholesale Mortgage, US Bank Home Mortgage and Wells Fargo.
Choose the profiles of the one or two lenders you're interested in, or get a full set for a view across the market.
In a single data-filled page for each lender, Top Lender Profiles makes it easy for you to compare, contrast and dig into business details with these hard-to-find-statistics:
Originations by Product: Conventional, Government, Jumbo and Nonprime with Market Share and Distribution
Originations by Channel: Retail, Wholesale, Broker, Correspondent and Direct
Loan Purpose: Purchase Money and Refinance
Servicing Volume and Market Share
Delinquency Rates
Total GSE Sales and Market Share
Fannie Mae and Freddie Mac Sales and Market Share
GSE Sales by Channel: Retail, Wholesale, Broker and Correspondent
Ginnie Mae MBS Issuance and Market Share
Ginnie Mae Servicing and Market Share
FHA Mortgagee Volume
Plus the national ranking of the lender in each of the categories.
Inside Mortgage Finance Publications' exclusive Top Lender Profiles are updated quarterly … and they're available by the set or individually, for a specific quarter or as a four-quarter subscription. The top 25 lenders for fourth quarter of 2020 are available now,so order the profiles you need today!
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