TITLE

Macbeth on Market Share

AUTHOR(S)
Ibrahim, S. A.
PUB. DATE
March 2005
SOURCE
Mortgage Banking;Mar2005, Vol. 65 Issue 6, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article focuses on the market share of the companies Countrywide Financial Corp., Calabasas, California; Wells Fargo Home Mortgage Inc., Des Moines, Iowa; Washington Mutual Inc., Seattle; and Chase Home Finance, Edison, New Jersey. As the mortgage industry matures and consolidates, the Big Four continue to gobble up origination market share. The top four lenders last year controlled 40 percent of the market, up from 25.4 percent in 2000. The Big Four must maintain a presence in all channels, retail, wholesale and correspondent. Because of bank branch expansion, some of them must dedicate disproportionate resources to developing the retail channel, for instance, even though it may not be the most profitable, efficient or productive.
ACCESSION #
16521828

 

Related Articles

  • TOP RESIDENTIAL ORIGINATORS IN 2003.  // National Mortgage News;3/29/2004, Vol. 28 Issue 27, p1 

    This article presents information about the top 10 residential originators in the U.S. in 2003. Some of them are Wells Fargo Home Mortgage Inc., Washington Mutual Inc., Countrywide Financial Corp. and Chase Home Finance.

  • TOP RESIDENTIAL ORIGINATORS IN Q2 05.  // National Mortgage News;8/22/2005, Vol. 29 Issue 47, p1 

    Lists the top residential originators in the second quarter of 2005, ranked according to origination volume. Countrywide Financial Corp.; Wells Fargo Home Mortgage Inc.; Washington Mutual Inc.; Chase Home Finance; Bank of America; CitiMortgage Inc.

  • TOP RESIDENTIAL ORIGINATORS YTD.  // National Mortgage News;12/20/2004, Vol. 29 Issue 14, p1 

    This article presents information about top residential organizations in the United States. The origination volume for Countrywide Financial Corp. was $267,694 in the year 2004 and its market share was 12.98%. Wells Fargo Home Mortgage Inc. has the origination volume of $229,321 in the year 2004...

  • TOP RESIDENTIAL ORIGINATORS IN Q1 05.  // National Mortgage News;5/23/2005, Vol. 29 Issue 35, p1 

    Evaluates various mortgage companies as of May 2005. Countrywide Financial Corp.; Wells Fargo Home Mortgage; Washington Mutual; Chase Home Finance; CitiMortgage, Inc.; Aurora Loan Services, Inc.

  • Top Servicers Grow Their Market Share.  // National Mortgage News;11/17/2003, Vol. 28 Issue 10, p6 

    Presents several residential servicers with increased market share in Washington. Washington Mutual Inc.; Wells Fargo Home Mortgage Inc.; Chase Home Finance.

  • Countrywide Tops Wells and WaMu. Cornwell, Ted // National Mortgage News;4/26/2004, Vol. 28 Issue 31, p1 

    Reports that Countrywide Financial Corp. has solidified its hold on the top lending spot outpacing Wells Fargo & Co. and Washington Mutual Inc. in the U.S. Decline in the mortgage lending volume of the three companies; Percentage of the loan origination market captured by Countrywide; Servicing...

  • RESIDENTIAL JUMBO LENDERS IN Q2 2006.  // National Mortgage News;9/11/2006, Vol. 30 Issue 48, p1 

    A list of the top 10 residential lenders in United States is presented. They include, Wells Fargo Home Mortgage, Countrywide Financial Corp., Washington Mutual, EMC Mortgage and Bank of America. They are followed by IndyMac Bancorp, Inc., Chase Home Finance, Sun Trust Mortgage, Inc., American...

  • SERVICERS RANKED BY NUMBER OF LOANS SERVICED AT 6/30/04.  // National Mortgage News;8/23/2004, Vol. 28 Issue 47, p18 

    Lists the top financial servicers ranked by number of loans in the United States as of June 30, 2004. Washington Mutual Inc.; Countrywide Financial Corp.; Wells Fargo Home Mortgage Inc.; Chase Home Finance; Bank of America Corp.

  • Leading Residential Originators.  // American Banker;10/24/2006, Vol. 171 Issue 204, p15m 

    A chart of leading residential originators in the first half of 2006 is presented, with Countrywide Financial Corp., Wells Fargo Home Mortgage, and Washington Mutual topping the list.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics