Here are the top mortgage lenders based on 3rd quarter mortgage lending activity.
Mortgage Lender
Q3 Volume
Countrywide
$94.6 Billion
Wells Fargo
$68.0 Billion
Chase Home Finance
$50.4 Billion
Bank of America
$48.0 Billion
CitiMortgage
$36.6 Billion
Data from MortgageDaily.com. (subscription req'd) Some other nuggets from MortgageDaily.com:
Countrywide Financial Corp. reported $95 billion third quarter production — sinking from $130.2 billion the prior quarter.
Wells Fargo & Co. came in next with $68 billion in reported fundings. The San Francisco-based company saw its volume decline 15 percent from the prior period.
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