home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map

twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

Servicing News | Servicer Ranking | Delinquency Statistics
Stories about mortgage servicers, delinquency and f o r e c l o s u r e s. Coverage of servicing lawsuits and loan servicing technology.

GMAC Top Commercial Servicer

MBA announces 4th quarter servicer rankings

February 4, 2004

By MortgageDaily.com staff

A Philadelphia-headquartered holding company continued to overshadow the competition -- remaining the top contender in an industry ranking of multifamily and commercial loan servicers for 2003.

The Mortgage Bankers Association of America's (MBA) released this week its fourth quarter Mortgage Servicing Survey. The trade group said the survey only includes member firms servicing loans for third parties or affiliated organizations.

With master and primary servicing of $213.7 billion and close to 61,000 loans, GMAC Commercial Holding Corp. topped MBAs list for the second year in a row. GMAC's figures dwarfed those of its nearest competitor, Wachovia Securities, which ranked second with $120.2 billion and a little over 16,000 loans.

The two companies filled the same top spots in MBA's 2002 rankings.

Out of 113 firms in 2003s list, Midland Loan Services Inc. ranked third with $83.3 billion in servicing; GEMSA Loan Services LP placed fourth with $61.0 billion; and Wells Fargo Commercial Mortgage Servicing followed with $41.8 billion.

In rankings six through 10, respectively, were Prudential Asset Resources, Washington Mutual, ORIX Capital Markets LLC, Bank of America, and Key Commercial Mortgage -- a newcomer in the top 10, according to MBA.

The largest servicers for life companies and other private investors were GMAC, GEMSA, Prudential, and Midland, said MBA.

Meanwhile, Washington Mutual, Berkshire Mortgage Finance, GMAC, and ARCS Commercial Mortgage Co. LP were the largest Fannie Mae and Freddie Mac servicers. On the general servicing rankings list, Berkshire took the No. 12 spot and ARCS was No. 14.

The largest servicers of Federal Housing Administration loans were reportedly Prudential, Midland and Greystone Servicing Corporation Inc. -- No. 20 on the general list.

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders