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Wells Fargo Largest Mortgage Lender in 3Q

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You're Now Reading:

Wells Fargo Largest Mortgage Lender in 3Q

The Easy Way to Shop For a Mortgage Loan

Fill Out One Questionnare

Receive Multiple Offers. Save Money.

The Easy Way to Shop For a Mortgage Loan

Fill Out One Questionnare

Receive Multiple Offers. Save Money.

You're Now Reading:

Wells Fargo Largest Mortgage Lender in 3Q

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November 8 2010 (Shirley Allen)

Wells Fargo & Co, with more than $100 billion in residential loan originations, was the largest originator of home loans in the United States in the third quarter of 2010.

Mortgage originations represent transactions where the purchase of a home is financed or an existing mortgage is refinanced. In either case, the borrower — who is the consumer in the transaction — must attend a loan closing and sign a myriad of loan documents.

During the third quarter, U.S. mortgage originations were up one-third from the second quarter, but were down 37 percent from the third-quarter 2009.

Here’s a listing of the top ten residential mortgage loan originators in the United States for the third quarter 2010:

Rank	Q3	Q2
1	Wells	Wells
2	BofA	BofA
3	Chase	Chase
4	GMAC	GMAC
5	Citigroup	Citigroup
6	US Bank	US Bank
7	PHH	PHH
8	Quicken	SunTrust
9	SunTrust	Flagstar
10	Flagstar	Quicken & MetLife

Tags: mortgage lender, mortgage originator, mortgage, loan closing, mortgage originations, wells fargo, residential mortgage loan, mortgage loan

FILL OUT THE FORM

It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.

WE VERIFY & TRANSMIT TO LENDERS

Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.

REVIEW YOUR OFFERS

With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.

CHOOSE YOUR LENDER

Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.

HOW
MORTGAGELOANRATEUPDATE
WORKS

Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.

ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE

FAST & EASY. DATA ENCRYPTED

Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.

NO OBLIGATION. NO HIDDEN FEES

Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.

NO SSN OR CREDIT CHECK

No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

Home Buying
Tips

Home Selling
Tips

About
Mortgages

Mortgage
Calculator

Mortgage
Rates

November 8 2010 (Shirley Allen)

Wells Fargo & Co, with more than $100 billion in residential loan originations, was the largest originator of home loans in the United States in the third quarter of 2010.

Mortgage originations represent transactions where the purchase of a home is financed or an existing mortgage is refinanced. In either case, the borrower — who is the consumer in the transaction — must attend a loan closing and sign a myriad of loan documents.

During the third quarter, U.S. mortgage originations were up one-third from the second quarter, but were down 37 percent from the third-quarter 2009.

Here’s a listing of the top ten residential mortgage loan originators in the United States for the third quarter 2010:

Rank	Q3	Q2
1	Wells	Wells
2	BofA	BofA
3	Chase	Chase
4	GMAC	GMAC
5	Citigroup	Citigroup
6	US Bank	US Bank
7	PHH	PHH
8	Quicken	SunTrust
9	SunTrust	Flagstar
10	Flagstar	Quicken & MetLife

Tags: mortgage lender, mortgage originator, mortgage, loan closing, mortgage originations, wells fargo, residential mortgage loan, mortgage loan

FILL OUT THE FORM

It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.

WE VERIFY & TRANSMIT TO LENDERS

Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.

REVIEW YOUR OFFERS

With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.

CHOOSE YOUR LENDER

Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.

HOW
MORTGAGELOANRATEUPDATE
WORKS

Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.

ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE

FAST & EASY. DATA ENCRYPTED

Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.

NO OBLIGATION. NO HIDDEN FEES

Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.

NO SSN OR CREDIT CHECK

No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

November 8 2010 (Shirley Allen)

Wells Fargo & Co, with more than $100 billion in residential loan originations, was the largest originator of home loans in the United States in the third quarter of 2010.

Mortgage originations represent transactions where the purchase of a home is financed or an existing mortgage is refinanced. In either case, the borrower — who is the consumer in the transaction — must attend a loan closing and sign a myriad of loan documents.

During the third quarter, U.S. mortgage originations were up one-third from the second quarter, but were down 37 percent from the third-quarter 2009.

Here’s a listing of the top ten residential mortgage loan originators in the United States for the third quarter 2010:

Rank	Q3	Q2
1	Wells	Wells
2	BofA	BofA
3	Chase	Chase
4	GMAC	GMAC
5	Citigroup	Citigroup
6	US Bank	US Bank
7	PHH	PHH
8	Quicken	SunTrust
9	SunTrust	Flagstar
10	Flagstar	Quicken & MetLife

Tags: mortgage lender, mortgage originator, mortgage, loan closing, mortgage originations, wells fargo, residential mortgage loan, mortgage loan

Home Buying Tips

Home Selling Tips

About
Mortgages

HOW
MORTGAGELOANRATEUPDATE
WORKS

FILL OUT THE FORM

It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.

WE VERIFY & TRANSMIT TO LENDERS

Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.

REVIEW YOUR OFFERS

With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.

CHOOSE YOUR LENDER

Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.

ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE

FAST & EASY. DATA ENCRYPTED

Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.

NO OBLIGATION. NO HIDDEN FEES

Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.

NO SSN OR CREDIT
CHECK

No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.