Home Mortgage Disclosure Act (HMDA) data, released Thursday by the Consumer Financial Protection Bureau, showed a reshuffle in the top 10 lenders by volume for 2021.
Those top 10 are:
- Rocket Mortgage
- United Wholesale Mortgage
- Wells Fargo
- JPMorgan Chase
- New Residential Investment Corp.
- Freedom Mortgage
- Bank of America
- Guaranteed Rate
The two top lenders, Rocket Mortgage and United Wholesale Mortgage, each maintained their positions. Rocket pumped out $340 billion in loans in 2021, 8.55% more than it did in 2020. Wholesale lender UWM originated $227 billion, but far exceeded Rocket in terms of growth. Its originations increased 24% from the year prior.
Wells Fargo moved up one notch, originating $141 billion, details ⇒
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