Mortgage Daily Logo

U.S. Bank Home Mortgage Profile

Mortgage News

Last Updated October 17, 2018 5:33 PM Central

 


full list | other directories | bank search | SEC filings | execs | m&a | production


 


Company Name:


U.S. Bank Home Mortgage

 


Parent:


U.S. Bancorp

 


Stock Symbol:

 


USB

 


Headquarters Address:

 


1550 American Blvd. E.
Bloomington, Minnesota 55425

 


Related Companies:

 


U.S. Bank, N.A.

 


Number of Employees:

 


70,000 as of Dec. 31, 2016 (U.S. Bancorp Total)

67,000 as of Dec. 31, 2015 (U.S. Bancorp Total)

67,000 as of March 31, 2014 (U.S. Bancorp Total)

62,000 as of Dec. 31, 2011 (U.S. Bancorp Total)

60,000 as of Dec. 31, 2009 (U.S. Bancorp Total)

5,000 as of Apr. 9, 2013 (U.S. Bank Home Mortgage)

2,866 as of March 24, 2009 (U.S. Bank Home Mortgage)

1,144 as of June 30, 2010 (servicing operation)

 


Number of Branches:

 


3,029 as of Sept. 30, 2018

3,067 as of Dec. 31, 2017

3,106 as of Dec. 31, 2016

3,133 as of Dec. 31, 2015

3,176 as of Dec. 31, 2014

3,081 as of Dec. 31, 2013

3,084 as of Dec. 31, 2012

40 as of Apr. 9, 2013 (U.S. Bank Home Mortgage)

 


Web site:

 


www.USBank.com

Employment Inquiries:

 


Executives

 


Chairman of the Board (U.S. Bancorp):

 

Richard K. Davis

 

CEO (U.S. Bancorp):

 

Andrew Cecere

 

President (U.S. Bancorp):

 

Andrew Cecere

 

President (U.S. Bank Home Mortgage):

 

Tom Wind

Residential Production (2011 forward includes residential & HELs originated for investment):

 


$48.593 billion 2018 through Sept. 30

$67.022 billion 2017

$78.744 billion 2016

$70.529 billion 2015

$50.068 billion 2014

$84.898 billion 2013

$103.948 billion 2012 (revised)

$64.623 billion 2011 (revised)

$55.8 billion 2010

$55.6 billion 2009

$34.1 billion 2008

$27.0 billion 2007

$22.3 billion 2006

 


Home Equity and Second Mortgage Originations:

 


$4.781 billion 2013

$4.252 billion 2012

$4.201 billion 2011


Mortgage Holdings

 


Loans Serviced for Others:

 

$232.645 billion as of Sept. 30, 2018

$234.728 billion as of Dec. 31, 2017

$232.597 billion as of Dec. 31, 2016

$231.771 billion as of Dec. 31, 2015

$225.007 billion as of Dec. 31, 2014

$226.842 billion as of Dec. 31, 2013

$215.637 billion as of Dec. 31, 2012

$191.1 billion as of Dec. 31, 2011

$173.9 billion as of Dec. 31, 2010

$150.8 billion as of Dec. 31, 2009

 

Balance Sheet 1st-lien Residential Loans & HELs:

 

$78.870 billion as of Sept. 30, 2018

$59.783 billion as of Dec. 31, 2017

$57.274 billion as of Dec. 31, 2016

$53.496 billion as of Dec. 31, 2015

$51.619 billion as of Dec. 31, 2014

$51.156 billion as of Dec. 31, 2013

$44.018 billion as of Dec. 31, 2012

$37.082 billion as of Dec. 31, 2011

$30.7 billion as of Dec. 31, 2010

$26.1 billion as of Dec. 31, 2009

 

Balance Sheet 2nd-lien HELs:

 

$15.966 billion as of Sept. 30, 2018

$16.327 billion as of Dec. 31, 2017

$16.369 billion as of Dec. 31, 2016

$16.384 billion as of Dec. 31, 2015

$15.916 billion as of Dec. 31, 2014

$15.442 billion as of Dec. 31, 2013

$16.726 billion as of Dec. 31, 2012

$18.131 billion as of Dec. 31, 2011

$18.9 billion as of Dec. 31, 2010

$19.4 billion as of Dec. 31, 2009

 

Balance Sheet CRE Loans:

 

$39.966 billion as of Sept. 30, 2018

$40.463 billion as of Dec. 31, 2017

$43.098 billion as of Dec. 31, 2016

$42.137 billion as of Dec. 31, 2015

$42.795 billion as of Dec. 31, 2014

$39.885 billion as of Dec. 31, 2013

$36.953 billion as of Dec. 31, 2012

$35.851 billion as of Dec. 31, 2011

$34.7 billion as of Dec. 31, 2010

$34.1 billion as of Dec. 31, 2009

 


Delinquency

 


Residential Delinquency of at least 30 days:

 

0.96% as of Sept. 30, 2018

1.29% as of Dec. 31, 2017

1.57% as of Dec. 31, 2016

1.98% as of Dec. 31, 2015

2.50% as of Dec. 31, 2014

2.86% as of Dec. 31, 2013

2.93% as of Dec. 31, 2012

3.82% as of Dec. 31, 2011

5.18% as of Dec. 31, 2010

6.95% as of Dec. 31, 2009

 

HEL Delinquency of at least 30 days:

 

1.55% as of Sept. 30, 2018

1.53% as of Dec. 31, 2017

1.40% as of Dec. 31, 2016

1.44% as of Dec. 31, 2015

1.87% as of Dec. 31, 2014

2.06% as of Dec. 31, 2013

2.19% as of Dec. 31, 2012

1.85% as of Dec. 31, 2011

1.90% as of Dec. 31, 2010

1.88% as of Dec. 31, 2009

 

Commerical Delinquency of at least 30 days:

 

0.35% as of Sept. 30, 2018

0.45% as of Dec. 31, 2017

0.41% as of Dec. 31, 2016

0.54% as of Dec. 31, 2015

0.92% as of Dec. 31, 2014

1.07% as of Dec. 31, 2013

1.93% as of Dec. 31, 2012

2.93% as of Dec. 31, 2011

4.93% as of Dec. 31, 2010

 


Government Data on US Bank

 


FDIC Financial Statements (U.S. Bank National Association):

 

U.S. Bank, N.A., Financial Statements

 

SEC Filings (U.S. Bancorp):

 

U.S. Bancorp SEC Filings

 


U.S. Bank Headlines

Related Posts

NewDay USA CEO Rob Posner Expects 10% Increase in 2019 Mortgage Loan Volume

There is No Such Thing as a Free House …

Over the past several years, those who service loans in the State of Washington(1) have seen a dramatic rise in the number of lawsuits in which delinquent borrowers seek to quiet title to their homes on the grounds that lenders are barred from foreclosing based on...

NewDay USA CEO Rob Posner Expects 10% Increase in 2019 Mortgage Loan Volume

Mortgage Servicer Portfolios

servicing news | mortgages outstanding statistics | foreclosure news   Servicing Portfolios as of 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 Residential Servicing Portfolios by Servicer Last Updated December 14, 2018...

NewDay USA CEO Rob Posner Expects 10% Increase in 2019 Mortgage Loan Volume

Fannie Mae Profile

Last Updated December 27, 2018 7:38 PM Central   full list | other directories | bank search | SEC filings | execs | m&a | production   Government Takes Over Fannie, Freddie Sept. 8, 2008 The government has seized control of Fannie Mae and Freddie Mac. The move --...

NewDay USA CEO Rob Posner Expects 10% Increase in 2019 Mortgage Loan Volume

Freddie Mac Profile

Government Takes Over Fannie, Freddie Sept. 8, 2008 The government has seized control of Fannie Mae and Freddie Mac. The move -- which is likely to push mortgage rates lower and provide a sense of stability for the more than 10,000 employees at both companies -- is a...

Popular posts

How Long Does It Take to Refinance a Mortgage
How Long Does It Take to Refinance a Mortgage

So, you’re interested in refinancing your mortgage. Maybe you want some extra capital to do that home project you’ve always dreamed of, interest rates are nearing record lows, or you want to start consolidating debt. Regardless of the motivation behind the refinance,...

How Does Refinancing a Mortgage Work
How Does Refinancing a Mortgage Work

A home purchase is considered an investment, and a robust one at that. Savvy owners are constantly looking for new ways to reduce debt, save money, pay less in interest, and ultimately build equity. Refinancing is one way to leverage your investment and do just that....

What Does It Mean to Refinance Your Home
What Does It Mean to Refinance Your Home

You can think of refinancing your mortgage as a debt redo. Essentially, you’ll swap out the existing loan for a new one - ideally with better terms and conditions. Only this time it could help you save money on high mortgage payments, rather than just borrow it....

Setting up the Utilities in My New House
Setting up the Utilities in My New House

All the tedious, time-consuming home closing documents have been signed, sealed, and delivered. Your belongings are packed into what seems like a million boxes and you have a solid plan to haul all your existing furniture to the new place. Just as your boxes and...

When Is My First Mortgage Payment Due?
When Is My First Mortgage Payment Due?

Navigating your way through a brand new mortgage loan can be a difficult task, especially for first time homeowners. After handing over a large sum of money for the down payment and closing costs, it’s important to pay attention to the timing of your first mortgage...

Newsletter

Don’t worry, we don’t spam