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Home » Store » News » Countrywide and Wells Fargo Pull Away from the Rest of the Pack in 2005; Jostling in the Second Tier

Countrywide and Wells Fargo Pull Away from the Rest of the Pack in 2005; Jostling in the Second Tier

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Countrywide Home Loans extended its lead as the top originator in the residential mortgage market in 2005, according to an exclusive new ranking by Inside Mortgage Finance. Countrywide reported a record $490.95 billion in new mortgage production last year, up 35.2 percent from the company’s volume in 2004. Back in the 1980s that would have been a decent year for total mortgage originations. It boosted Countrywide to a 15.7 percent share of new production, although… [Two data tables included]
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