Mortgage Daily

Published On: October 17, 2018
Last Updated October 17, 2018 5:33 PM Central

 


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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
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