Volume 29 - Number 5
February 3, 2012
Downloads Available: Top Mortgage Servicers in 2011 - 4Q11 (25 servicers)
BofA Restructuring Helps Make Wells Fargo Top Mortgage Servicer at the End of 2011
Wells Fargo reclaimed the top ranking in residential mortgage servicing at the end of 2011, a position that the firm last held back in 2006. A new Inside Mortgage Finance ranking and analysis shows that Wells continued to build its mortgage servicing portfolio through robust loan origination activity, but it wasn’t easy. Wells originated $120.5 billion in new loans during the fourth quarter, but managed to increase its servicing portfolio by just $7.5 billion, a 0.4 percent increase. That relatively small increase was enough to move well ahead of Bank of America, which reported a huge $165.8 billion net...
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