Washington Mutual Lands Top Ranking in 2004 Jumbo Production Based on HMDA Reports
November 18, 2005
Washington Mutual was the biggest supplier of mortgage financing for loans that exceeded the Fannie/Freddie purchase limits in 2004, according to a new analysis of Home Mortgage Disclosure Act data by Geosegment Systems. WaMu captured a 9.6 percent share of the jumbo market with $67.02 billion in high-balance originations, according to the HMDA data. The analysis includes only loans reported as originations by lenders, and does not include loan purchases…