Now Available: Data & analysis on the market leaders in the industry's major niches
Inside Mortgage Finance — the gold standard in rankings and analysis of the mortgage industry — tracks the top performers in originations, servicing and all of the market's sectors in the quarterly Top Mortgage Players report. 4Q20 Edition Now Available!
Fourth Quarter 2020, by the Numbers:
$1.250 trillion:The amount of first-lien home mortgages that lenders produced during 4Q20 — a quarterly production record that followed a near-record $1.140 trillion in the third quarter. Originations in just the second half of 2020 exceeded the total for all of 2019 — as well as all the annual numbers since 2006.
71.7%:The nonbank share of the top 100 mortgage lenders, up from 67.7% in the third quarter. A number of nonbanks posted gaudy production gains in the fourth quarter, including top-ranked Quicken Loans, with a 20.5% increase, #3 PennyMac Financial (28.1%), #7 loanDepot (37.7%) and #14 Mr. Cooper Group (57.2%).
3rd: AmeriHome Mortgage's ranking among correspondent lenders at year-end 2020. The lender posted a 43.3% increase in production volume from 2019. Right behind at #4, U.S. Bank also had outsized gains in correspondent production, with a 60.9% increase from 2019 to 2020.
14.9%:The amount refinances climbed from the third quarter to an estimated $825 billion in the fourth. Total refinance lending came to an estimated $2.609 trillion in 2020 — a record — and a whopping 144.1% increase from 2019.
$216 billion:The estimated amount of volume produced in the government-insured market in the final three months of the year, up 2.9% from the third quarter. Freedom Mortgage cemented its status as the top government lender by more than tripling its 2019 production to $108.33 billion in 2020.
$880.7 billion:The size of Cenlar's subservicing portfolio at the end of 2020, up 8.1% sequentially and 27.2% year over year. Overall, subservicers amassed contracts to handle $3.56 trillion worth of residential product as of Dec. 31, 2020.
And there's plenty more data and analysis inside the report! Order Top Mortgage Players: 4Q20 today to keep track of how changes are playing out for the industry.
Get the rankings and performance stats for the leaders in these categories:
Mortgage Originations
Retail Originations
Wholesale Production
Correspondent Production
Broker Production
Refinance Production
Purchase-Mortgage Production
Conventional-Conforming Production
Government-Insured Production
Jumbo Production
Warehouse Lending
Servicing and Subservicing
Mortgage Insurance Written
Use the charts and accompanying perspective in the Top Mortgage Players report to learn who the market leaders are in the mortgage industry's niches and how their business has changed from the previous quarter. You'll also have market-level data that show you which sectors or products are performing well and which aren't.
Plus, you'll have overall market statistics that show the activity in these areas:
Mortgage Origination Indicators
Originations by Production Channel
Mortgage Originations by Product
Jumbo Mortgage Originations
1-4 Family Mortgage Servicing Outstanding
Primary Mortgage Insurance Activity
Accompanying analysis provides color on trends in each sector and backstory on changes in the players' performance.
Use this quarterly report to:
Monitor the market sectors you're currently conducting business in.
Evaluate competition in sectors you're considering expanding to.
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