Real Estate, Updates, News & Tips

Wells Fargo is back on top with the most mortgage originations in 2017, according to new rankings released by iEmergent, an advisory firm for the mortgage industry. iEmergent ranked mortgage originators based on loan volume for 2017 for single-family homes (the list does not factor in manufactured homes, multifamily, home improvement loans, or repurchases). The following eight mortgage lenders had the highest total volume of loans originated in 2017: 1. Wells Fargo – $93 billion

• Share of total origination volume: 5.6%
• Total number of loans: 272,938

  2. Quicken Loans – $81.3 billion

• Share of total origination volume: 4.9%
• Total number of loans: 395,648

  3. JPMorgan Chase – $53.2 billion

• Share of total origination volume: 3.2%
• Total number of loans: 143,704

  4. Bank of America – $46.6 billion

• Share of total origination volume: 2.8%
• Total number of loans: 106,290

  5. loanDepot – $33.9 billion

• Share of total origination volume: 2%
• Total number of loans: 134,019

  6. Caliber Home Loans – $31.3 billion

• Share of total origination volume: 1.9%
• Total number of loans: 114,641

  7. Shore Mortgage – $28.9 billion

• Share of total origination volume: 1.7%
• Total number of loans: 104,106

  8. Flagstar Bank – $23.1 billion

• Share of total origination volume: 1.4%
• Total number of loans: 83,469