Top
| The future of several leading companies in the sector hangs in the balance. |
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Independent, but status threatened by credit crunch |
|
Lender |
Market share |
|
New Century Financial |
8.6% |
|
Accredited Home Lenders |
2.6% |
|
NovaStar Financial |
1.7% |
|
|
|
Bankrupt |
|
Lender |
Market share |
|
Ownit Mortgage Solutions |
1.6% |
|
ResMAE Mortgage |
1.3% |
|
Mortgage Lenders Network |
1.0% |
|
|
|
Recently sold or for sale |
|
Lender |
Market share |
|
Fremont Investment and Loan |
5.4% |
|
Ameriquest Mortgage |
4.9% |
|
Option One Mortgage |
4.8% |
|
First Franklin Financial |
4.6% |
|
Equifirst |
1.8% |
|
ECC Capital |
0.9% |
|
Fieldstone Investment |
0.8% |
|
|
|
Owned by a larger company |
|
Lender |
Market share |
|
HSBC Finance |
8.8% |
|
CitiMortgage |
6.3% |
|
WMC Mortgage |
5.5% |
|
Wells Fargo Home Mortgage |
4.6% |
|
Residential Funding |
3.5% |
|
Aegis Mortgage |
2.8% |
|
American General Finance |
2.5% |
|
BNC Mortgage |
2.4% |
|
Chase Home |
1.9% |
|
Nationstar Mortgage |
0.8% |
|
|
|
Independent, but more diversified |
|
Lender |
Market share |
|
Countrywide Financial |
6.8% |
|
Washington Mutual |
4.4% |
Sources: Inside Mortgage Finance and company announcements
Update: Many of these mortgage company’s have gone out of business. We specialize in San Diego Real Estate and California Home Loans.