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February 11, 2020 Comments Off on MBA Releases 2019 Year-End Commercial/Multifamily Servicer Rankings Views: 1894 National News, Top National

MBA Releases 2019 Year-End Commercial/Multifamily Servicer Rankings

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The Mortgage Bankers Association (MBA) released its year-end ranking of commercial and multifamily mortgage servicers’ volumes at the 2020 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.

PNC Real Estate/Midland Loan Services claimed the top slot, with $702 billion in master and primary servicing, followed by Wells Fargo Bank, N.A. ($700 billion), KeyBank National Association ($306 billion), Berkadia Commercial Mortgage LLC ($280 billion), and CBRE Loan Services ($228 billion).

Among servicers with retained or purchased servicing of U.S. mortgaged, income-producing properties,

  • Wells Fargo, PNC/Midland and KeyBank are the largest primary and master servicers for CMBS, CDO or other ABS loans;
  • PGIM Real Estate Finance is the largest for credit company, pension funds, REITs, and investment fund loans;
  • Wells Fargo, Walker & Dunlop, and Berkadia are the largest for Fannie Mae loans;
  • Wells Fargo, KeyBank, and PNC are the largest for Freddie Mac loans;
  • Orix Real Estate Capital, Walker & Dunlop, and Berkadia are the largest for FHA & Ginnie Mae loans;
  • JLL, NorthMarq Capital, and CBRE for life insurance company loans; and
    Wells Fargo for loans held in warehouse.
  • PNC, Wells Fargo, and CWCapital Asset Management LLC are the largest named special servicers.
  • Wells Fargo, PNC, and PGIM Real Estate Finance are the top servicers for loans held in own portfolio, U.S. mortgaged, income-producing properties.

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