Reuters is reporting on Inside Mortgage Finance’s list of top subprime mortgage originators. Here’s the top five: 1. HSBC / $52.8B 2. New Century / $51.6 3. Countrywide / $40.6 4. Citi / $38.8B 5. Ameriquest / $29.5 Any bets the top 5 this year will look drastically different? Ameriquest and New Century are already gone, and I know that HSBC has been dramatically scaling back its operations. Personally, I think Countrywide and Citi battle it out for the crown in 2007, IMHO, and it won’t take another $50B+ to win it all this year.
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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HousingWire Mortgage Rankings have arrived, bringing data-driven benchmark to originator performance
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]
Paul Jackson is the former publisher and CEO at HousingWire.see full bio