SAN DIEGO, CA – The Mortgage Bankers Association (MBA) today
released its year-end ranking of commercial and multifamily mortgage servicers’
volumes as of December 31, 2014.
At the top of the list of firms is Wells Fargo with $474.4
billion in U.S. master and primary servicing, followed by PNC Real
Estate/Midland Loan Services with $396.8 billion, Berkadia Commercial Mortgage
LLC with $236.3 billion, KeyBank National Association with $174.4 billion, and
GEMSA Loan Services, L.P. with $101.3 billion.
Wells Fargo, PNC/Midland, KeyBank, and Berkadia are the
largest master and primary servicers of commercial/multifamily loans in U.S.
commercial mortgage backed securities (CMBS), collateralized debt obligations
(CDO) and other asset-backed securities (ABS).
Prudential Asset Resources, PNC/Midland, GEMSA, and MetLife
are the largest servicers for life companies; PNC/Midland, Wells Fargo, Walker
& Dunlop, LLC, and Berkeley Point Capital, LLC are the largest Fannie Mae
servicers; Wells Fargo, PNC/Midland, KeyBank National Association, and GEMSA
are the largest Freddie Mac servicers.
PNC/Midland ranks as the top master and primary servicer of
commercial bank and savings institution loans; of loans for the credit
companies, pension funds, real estate investment trusts (REITs), and investment
funds; and of loans for FHA and Ginnie Mae.
Wells Fargo is the
top servicer for loans held in warehouse facilities. Berkadia is the top for other investor type loans.
For a complete copy
of the company’s news release, please contact:
Rob Van Raaphorst
(202) 557-2799
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