General World News

Here are the top 10 mortgage lenders in 2021

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:

  1. Rocket Mortgage
  2. United Wholesale Mortgage
  3. Wells Fargo
  4. LoanDepot
  5. JPMorgan Chase
  6. New Residential Investment Corp.
  7. Freedom Mortgage
  8. Bank of America
  9. Homepoint
  10. 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 ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com