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VOL. 117 | NO. 8 | Friday, January 10, 2003

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Top 10 Mortgage Lenders

Top 10 Mortgage Lenders

 

More than 31,000 home mortgages totaling more than $4.2 billion were inked in 2002, dwarfing 2001 figures, according to trust deed information available through the Shelby County Registers Office and compiled from the Daily News Online. Here is a look at the top 10 mortgage lenders for 2002 based on the number of transactions:

 

Lender

Count

Amount

Average

First Horizon/First Tennessee

2,006

$324,975,551

$162,002

Union Planters

1,918

$272,772,697

$142,217

Wells Fargo

1,613

$217,853,307

$135,061

Community Mortgage Corp.

1,510

$199,866,310

$132,362

Bartlett Mortgage

1,067

$137,712,517

$129,065

National Bank of Commerce

973

$148,237,493

$152,351

Pulaski Mortgage

970

$148,776,038

$153,377

Bank of America

878

$108,337,517

$123,391

First Trust

812

$128,294,053

$157,998

Countrywide

800

$110,082,097

$137,603

 

 

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 94 12,852
MORTGAGES 23 50 8,053
FORECLOSURE NOTICES 5 11 1,220
BUILDING PERMITS 285 422 30,356
BANKRUPTCIES 23 67 6,131
BUSINESS LICENSES 5 13 2,306
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0