Tag Archives: Quicken Loans Grabs Mortgage Market Share

Quicken Loans is growing its market share in the mortgage business, having just surpassing Bank of America as the third-largest mortgage lender in the U.S., according to rankings compiled over the last three months of 2012 from the Mortgage Daily. Quicken Loans had 5 percent of the market share in the fourth quarter, totaling $25.1 billion in originations. Bank of America is now the fourth-largest lender, with 4 percent of the market share and $22.5 billion in mortgage originations during the fourth quarter. Wells Fargo continues to be the leader […]