Dallas Mortgage Refinance: Mortgage Loan Servicing

Dallas Mortgage Refinance: Mortgage Loan Servicing

Just who is servicing all those mortgage loans out there?  Bank of America is #1 with $2.1 trillion (20% of the market).  Wells Home Mortgage is #2 with $1.8 trillion (17% of the market).  Chase has $1.4 trillion for about 13% of the market, Citi has about $700 billion for a 6% market share, and GMAC/Ally has about $300 billion for 3% of the market.
The next five are USB, SunTrust, PHH, OneWest Bank and PNC, all with less than $200 billion and all with less than a 2% market share. In total there is about $10.6 trillion of 1-4 unit servicing outstanding. These 10 companies have about 70% of all residential servicing!

Interested in a new home mortgage loan or refinancing an existing home mortgage loan? We’re a local Dallas mortgage lender that can offer you the best mortgage rates with the lowest closing costs! Give us a call today!

Dallas:  713-589-2244     Houston:  972-325-2120    Austin:  512-996-8194

Dallas Mortgage Refinance Rates as of 10/14/2010
Mortgage Rates                                           Interest Rate  APR 
Texas Conforming Home Loans and FHA Home Loans 
30-Year Fixed Mortgage Rates              4.250%     4.433%
30-Year Fixed FHA Mortgage Rates   4.250%      5.087%
15-Year Fixed Mortgage Rates              3.625%      3.943%

Austin Refinance  | Dallas Refinance  | Houston Refinance  | El Paso Refinance