Top 5 Mortgage Lenders By Dollar Volume For 2008
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Wells Fargo was the top lender in 2008 by nearly 45 billion dollars over the 2nd place lender, J.P. Morgan Chase & Co.
What jumped out at me is that originations were down 36 percent in 2008 compared to 2007’s lending.
Here is another stat, Countrywide was swallowed up by Bank of America in July, yet in 6 months Countrywide lent out 132 billion dollars, yet BOA only did 181 for the year? Countrywide knew that Bank of America was buying them yet they still lent money like a drunk after winning the lottery right up until the papers were signed.
I am sure the top guys at Bank of America must be annoyed cleaning up that mess.
Top 5 Mortgage Lenders in 2008
- Wells Fargo & Co. (WFC) $230.0 Billion
- J.P. Morgan Chase & Co. (JPM) $185.3 Billion
- Bank of America (BAC) $181.0 Billion
- Countrywide $132.0 Billion
- Citigroup Inc. (C) $104.3 Billion
via PR Newswire If you have a subscription to Mortgage Daily, the full list is here.
My mom told me to put the statue in the ground, just seems wrong to me but I did it. ...
What about RE/MAX Commercial? Where this classification came from?
I am pretty sure RE/MAX Commercial in volume sales must be above ...
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
