Industry Heavyweights Rely Largely on Correspondent Business to Bolster Dominance in Mortgage Production
April 9, 2009
The ranking of the top direct mortgage originators looks a lot like the list of the top overall mortgage producers, except the top tier of lenders accounts for a relatively smaller share of the market.Wells Fargo ranked as the top direct originator – a measure that includes retail originations and broker loans – with a 10.4 percent share of total production in... [Includes two charts]