The third quarter of 2002 wasn’t very kind to Ginnie Mae servicing portfolios. Faced with heavy runoff due to refinances and a relatively modest upturn in new FHA/VA origination business, virtually all of the top Ginnie Mae servicers in the country watched their portfolios shrink in the third quarter. Wells Fargo Home Mortgage, the top Ginnie Mae servicer with $75.96 billion, actually fared better