NC/SR
223(f )
223(a)(7)
Closing
NC/SR
223(f )
223(a)(7)
A
v
erage L
oan
V
olume
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000
$----
A
v
erage L
oan
V
olume
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000
$----
Firm Commitment
NC/SR 232
223(f ) Refi /Aquisition
223(a)(7) Refi
Closing
75
FHA Lender Ranking Summary FY 2013 • RED CAPITAL GROUP • 800.837.5100 • www.redcapitalgroup.com
Source data provided by the Federal Housing Administration, unless otherwise noted.
Total FHA Closings by Month
RMC: FHA Closings by Month
Month
Closings
250
200
150
100
50
0
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
200
213
234
225
198
242
229
249
237
219
172
217
Month
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
18
25
20
16
20
15
20
22
51
17
12
19
Closings
50
40
30
20
10
0
CHAPTER 6
CHAPTER 6
Total FHA Closings & Average Interest Rate by Month
4.5 4.0 3.5 3.0 2.5 2.0
Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13
300 250 200 150 100 50 0
Number of P
ools Issued
A
v
erage M
o
rt
gage R
a
te
GNMA Pool Issuance and Mortgage Rates
(Data for 223(f) Loans with 35 Yr Term)
9 8 7 6 5 4 3 2 1 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 90 80 70 60 50 40 30 20 10 0
Number of P
ools Issued
Year
A
v
erage M
o
rt
gage R
a
te
77
FHA Lender Ranking Summary FY 2013 • RED CAPITAL GROUP • 800.837.5100 • www.redcapitalgroup.com
Source data provided by the Federal Housing Administration, unless otherwise noted.
Standard GNMA Mortgage Rates & Ten Year Treasury
Avg. Mortgage Rate Ten-Year (3 Mo M.A.)
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Ra
te
Year
Source: FHA, GNMA and Federal Reserve
CHAPTER 6
Share of Lender Firm Commitment Volume by MAP & LEAN
P/R Mtge & Invest Corp Pillar Capital Finance LLC Federal Home Loan Mtge Corp Davis-Penn Mtge Developers Mtge Corp Highland Commercial Mtge Red Stone Agency Lending Massachusetts HFA EF&A Funding LLC Arbor Commercial Mtge Mason Joseph Company Inc Cooperative Hsg Resources Eastern Mortgage Capital LLC Js Multicapital Corp Northpoint Capital LLC Columbia Natl Real Estate California HFA Crain Mortgage Group, LLC Forest City Capital Corp Centerline Mtge Capital Federal National Mortgage Musa Financial LLC Richmac Funding LLC Bankers Guarantee Title Trust Rhode Island HFA Great Lakes Financial Grp Wyatt Funding Corp Maryland Dept Hsg Com Devmt Minnesota HFA Chambers Bank Lay Commercial Mtge LLC Montgomery County HOC Colorado HFA New Hampshire HFA Missouri HDC D Ansley Company Inc California Community Reinvmt Corp Central National Bank&Trust Stonearch Mortgage Corp Phares Co Enterprise Community Invmt Bank of Montana Sun West Mortgage CMC Mortgage Services New Jersey HMFA Prairie Mortgage Co Illinois HAD New Mexico MFA AGM Financial Services Rockport Mortgage HFC Funding Corp Berkeley Point Capital LLC Bellwether Real Est Capital Oak Grove Commercial Mtg Paragon Mortgage Walker And Dunlop LLC Draper & Kramer Comcl Mtge First Hsg Devmt Corp Of FL Rockhall Funding Corp Amerisphere Mtg Finance LLC Tavernier Capital Funding Centennial Mortgage Gershman Investment Metropolitan Funding Corp Wells Fargo Bank Na CBRE HMF Inc PNC Bank Na Dougherty Mortgage LLC Prudential Huntoon Paige M & T Realty Corp Armstrong Mortgage Greystone Funding Corp (Inc. Greystone... Berkadia Commercial Mtg Grandbridge Real Estate Cap Huntoon Hastings Inc Oppenheimer Mf Hsg & Hcare
Red Mortgage Capital
Stifel Bank and Trust CWCapital LLC Love Funding Corp Keycorp Real Est Cap Mkt Bedford Lending Corp Beech Street Capital LLC Sims Mortgage Funding Ziegler Financing Corp Lancaster Pollard Mtge Links Mortgage Corp Century Health Capital First American Capital Grp Housing & Healthcare Finc Cambridge Realty Capital Capital Funding LLC Cain Brothers Funding LLC Regions Bank Wachovia MF Capital
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
79
FHA Lender Ranking Summary FY 2013 • RED CAPITAL GROUP • 800.837.5100 • www.redcapitalgroup.com
Source data provided by the Federal Housing Administration, unless otherwise noted.
CHAPTER 6
Share of Lender Firm Commitments by MAP & LEAN
MAP LEAN Greystone Funding Corp (Inc. Greystone Servicing)
Berkadia Commercial Mtg Lancaster Pollard Mtge
Red Mortgage Capital
Love Funding Corp Capital Funding LLC Walker And Dunlop LLC P/R Mtge & Invest Corp Prudential Huntoon Paige Dougherty Mortgage LLC Oppenheimer Mf Hsg & Hcare Centennial Mortgage Oak Grove Commercial Mtg Wells Fargo Bank Na Rockport Mortgage Pillar Capital Finance LLC Housing & Healthcare Finc Cambridge Realty Capital Gershman Investment PNC Bank Na AGM Financial Services Beech Street Capital LLC Federal Home Loan Mtge Corp Draper & Kramer Comcl Mtge Developers Mtge Corp Davis-Penn Mtge Bellwether Real Est Capital CWCapital LLC Keycorp Real Est Cap Mkt Highland Commercial Mtge CBRE HMF Inc Huntoon Hastings Inc M & T Realty Corp Massachusetts HFA Grandbridge Real Estate Cap Amerisphere Mtg Finance LLC Cooperative Hsg Resources Paragon Mortgage Berkeley Point Capital LLC Arbor Commercial Mtge Century Health Capital Mason Joseph Company Inc Rockhall Funding Corp HFC Funding Corp First Hsg Devmt Corp Of FL Ziegler Financing Corp Tavernier Capital Funding Red Stone Agency Lending Lay Commercial Mtge LLC Northpoint Capital LLC Centerline Mtge Capital Sims Mortgage Funding Minnesota HFA EF&A Funding LLC Eastern Mortgage Capital LLC California HFA Links Mortgage Corp Great Lakes Financial Grp Js Multicapital Corp Metropolitan Funding Corp Crain Mortgage Group, LLC Forest City Capital Corp Federal National Mortgage Armstrong Mortgage Rhode Island HFA First American Capital Grp Maryland Dept Hsg Com Devmt Bedford Lending Corp Columbia Natl Real Estate Bankers Guarantee Title Trust Cain Brothers Funding LLC Chambers Bank Regions Bank Stifel Bank and Trust Central National Bank&Trust Musa Financial LLC Richmac Funding LLC New Hampshire HFA Missouri HDC Phares Co Bank of Montana Sun West Mortgage CMC Mortgage Services New Jersey HMFA New Mexico MFA Wyatt Funding Corp Montgomery County HOC Colorado HFA Wachovia MF Capital D Ansley Company Inc California Community Reinvmt Corp Stonearch Mortgage Corp Enterprise Community Invmt Prairie Mortgage Co Illinois HAD
CHAPTER 6
Share of Lender Firm Commitments by MAP & LEAN
P/R Mtge & Invest Corp Pillar Capital Finance LLC Federal Home Loan Mtge Corp Davis-Penn Mtge Developers Mtge Corp Highland Commercial Mtge Red Stone Agency Lending Massachusetts HFA EF&A Funding LLC Arbor Commercial Mtge Mason Joseph Company Inc Cooperative Hsg Resources Eastern Mortgage Capital LLC Js Multicapital Corp Northpoint Capital LLC Columbia Natl Real Estate California HFA Crain Mortgage Group, LLC Forest City Capital Corp Centerline Mtge Capital Federal National Mortgage Musa Financial LLC Richmac Funding LLC Bankers Guarantee Title Trust Rhode Island HFA Great Lakes Financial Grp Wyatt Funding Corp Maryland Dept Hsg Com Devmt Minnesota HFA Chambers Bank Lay Commercial Mtge LLC Montgomery County HOC Colorado HFA New Hampshire HFA Missouri HDC D Ansley Company Inc California Community Reinvmt Corp Central National Bank&Trust Stonearch Mortgage Corp Phares Co Enterprise Community Invmt Bank of Montana Sun West Mortgage CMC Mortgage Services New Jersey HMFA Prairie Mortgage Co Illinois HAD New Mexico MFA AGM Financial Services Rockport Mortgage HFC Funding Corp Berkeley Point Capital LLC Bellwether Real Est Capital Oak Grove Commercial Mtg Paragon Mortgage Walker And Dunlop LLC Draper & Kramer Comcl Mtge First Hsg Devmt Corp Of FL Rockhall Funding Corp Amerisphere Mtg Finance LLC Tavernier Capital Funding Centennial Mortgage Gershman Investment Metropolitan Funding Corp Wells Fargo Bank Na CBRE HMF Inc PNC Bank Na Dougherty Mortgage LLC Prudential Huntoon Paige M & T Realty Corp Armstrong Mortgage Greystone Funding Corp (Inc. Greystone... Berkadia Commercial Mtg Grandbridge Real Estate Cap Huntoon Hastings Inc Oppenheimer Mf Hsg & Hcare
Red Mortgage Capital
Stifel Bank and Trust CWCapital LLC Love Funding Corp Keycorp Real Est Cap Mkt Bedford Lending Corp Beech Street Capital LLC Sims Mortgage Funding Ziegler Financing Corp Lancaster Pollard Mtge Links Mortgage Corp Century Health Capital First American Capital Grp Housing & Healthcare Finc Cambridge Realty Capital Capital Funding LLC Cain Brothers Funding LLC Regions Bank Wachovia MF Capital
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
81
FHA Lender Ranking Summary FY 2013 • RED CAPITAL GROUP • 800.837.5100 • www.redcapitalgroup.com
Source data provided by the Federal Housing Administration, unless otherwise noted.
CHAPTER 6
Share of Lender Firm Commitment Volume by MAP & LEAN
MAP LEAN Greystone Funding Corp (Inc. Greystone Servicing)
Berkadia Commercial Mtg Wells Fargo Bank Na
Red Mortgage Capital
Walker And Dunlop LLC Lancaster Pollard Mtge Love Funding Corp Prudential Huntoon Paige Rockport Mortgage Dougherty Mortgage LLC Capital Funding LLC Oak Grove Commercial Mtg P/R Mtge & Invest Corp Oppenheimer Mf Hsg & Hcare Housing & Healthcare Finc Centennial Mortgage Cambridge Realty Capital AGM Financial Services Gershman Investment CBRE HMF Inc Paragon Mortgage PNC Bank Na Pillar Capital Finance LLC CWCapital LLC Beech Street Capital LLC Draper & Kramer Comcl Mtge M & T Realty Corp Keycorp Real Est Cap Mkt Federal Home Loan Mtge Corp Davis-Penn Mtge Developers Mtge Corp Highland Commercial Mtge Berkeley Point Capital LLC Grandbridge Real Estate Cap Amerisphere Mtg Finance LLC Huntoon Hastings Inc Bellwether Real Est Capital Century Health Capital Red Stone Agency Lending Massachusetts HFA EF&A Funding LLC First Hsg Devmt Corp of FL Rockhall Funding Corp Arbor Commercial Mtge Mason Joseph Company Inc Cooperative Hsg Resources Sims Mortgage Funding HFC Funding Corp Eastern Mortgage Capital LLC Js Multicapital Corp Northpoint Capital LLC Metropolitan Funding Corp Columbia Natl Real Estate Ziegler Financing Corp California HFA Crain Mortgage Group, LLC Forest City Capital Corp Centerline Mtge Capital Federal National Mortgage Musa Financial LLC Tavernier Capital Funding Richmac Funding LLC Bankers Guarantee Title Trust Rhode Island HFP Links Mortgage Corp Great Lakes Financial Grp First American Capital Grp Wyatt Funding Corp Maryland Dept Hsg Com Devmt Cain Brothers Funding LLC Minnesota HFA Chambers Bank Lay Commercial Mtge LLC Regions Bank Montgomery County HOC Colorado HFA New Hampshire HFA Missouri HDC Armstrong Mortgage Stifel Bank And Trust Wachovia MF Capital D Ansley Company Inc Bedford Lending Corp California Community Reinvmt Corp Central National Bank&Trust Stonearch Mortgage Corp Phares Co Enterprise Community Invmt Bank of Montana Sun West Mortgage CMC Mortgage Services New Jersey HMFA Prairie Mortgage Co Illinois HAD New Mexico MFA