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RE: LeoThread 2024-09-01 22:43

in LeoFinance2 months ago

From Groq:

Largest Mortgage Lenders US

The largest mortgage lenders in the United States can vary depending on the source and the criteria used to measure their size. However, based on the data from the Mortgage bankers Association (MBA) and other industry sources, here are some of the largest mortgage lenders in the United States:

  1. Wells Fargo: With over $200 billion in mortgage originations in 2020, Wells Fargo is one of the largest mortgage lenders in the country.
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  1. Quicken Loans: Quicken Loans is the largest online mortgage lender in the United States, with over $150 billion in mortgage originations in 2020.
  2. Chase Mortgage: Chase Mortgage is a subsidiary of JPMorgan Chase, one of the largest banks in the United States. It originated over $120 billion in mortgages in 2020.
  3. Bank of America: bank of America is another large bank that offers mortgage lending services. It originated over $100 billion in mortgages in 2020.
  1. U.S. Bank: U.S. Bank is a large bank that offers mortgage lending services, with over $80 billion in mortgage originations in 2020.
  2. CitiMortgage: CitiMortgage is a subsidiary of Citigroup, one of the largest banks in the United States. It originated over $60 billion in mortgages in 2020.
  3. PNC Mortgage: PNC Mortgage is a subsidiary of PNC financial services Group, a large bank that offers mortgage lending services. It originated over $50 billion in mortgages in 2020.
  1. SunTrust Mortgage: SunTrust Mortgage is a subsidiary of Truist Financial Corporation, a large bank that offers mortgage lending services. It originated over $40 billion in mortgages in 2020.
  2. Ally Bank: Ally Bank is an online bank that offers mortgage lending services, with over $30 billion in mortgage originations in 2020.
  3. LoanDepot: LoanDepot is a non-bank mortgage lender that originated over $20 billion in mortgages in 2020.

It's worth noting that the largest mortgage lenders can vary depending on the criteria used to measure their size, such as the number of loans originated, the dollar volume of loans originated, or the number of branches and employees. Additionally, the mortgage lending landscape is constantly evolving, with new players entering the market and existing players expanding their operations.