MBA 2007 Lender Market Share Report

MBA (10/2/2008 ) Kan, Joel
The Mortgage Bankers Association’s 2007 Lender Market Share report ranks lenders nationally and at the metropolitan area or state levels. The report ranks lenders by dollar volume and details the number and dollar volume of mortgage originations, providing overall, purchase and refinance originations.
The report said Countrywide FC originated more than $195.1 billion in single-family loans in 2007, representing 9.8 percent of the 2007 U.S. mortgage market ($2 trillion) based on dollar volume. Rounding out the top 5 originators in 2007 were Wells Fargo ($166.7 billion, 8.3 percent), Bank of America ($136.6 billion, 6.8 percent), JP Morgan Chase ($93.1 billion, 4.7 percent) and Washington Mutual ($92.2 billion, 4.6 percent).

To view the top 30 lenders in the nation, click http://www.mortgagebankers.org/files/Research/MarketData/NDS/3050_20.pdf.

The Lender Market Share reports are based on mortgage lending transactions at more than 8,600 financial institutions covered by the Home Mortgage Disclosure Act in metropolitan statistical areas throughout the nation. HMDA data provide the most comprehensive source of mortgage originations information.

To view the report list and download an order form, visit http://www.mortgagebankers.org/ResearchandForecasts/ProductsandSurveys/
DataOnDemandServiceProductList.htm.