Wells Fargo, PNC Real Estate/Midland Loan Services and Berkadia Commercial Mortgage LLC led the midyear rankings of top commercial and mortgage servicers, as tracked by the Mortgage Bankers Association.
Wells Fargo, with $430.5 billion in U.S. master and primary servicing, led all servicers, followed by PNC Real Estate/Midland Loan Services with $357 billion, Berkadia Commercial Mortgage LLC with $206.6 billion, Bank of America Merrill Lynch with $110.1 billion and KeyBank Real Estate Capital with $100.1 billion.
Wells Fargo, PNC/Midland, Berkadia, Bank of America Merrill Lynch and KeyBank ranked highest among master and primary servicers of commercial/multifamily loans in U.S. commercial mortgage-backed securities, collateralized debt obligations and other asset-backed securities. MetLife, PNC/Midland, GEMSA Loan Services LP, Prudential Asset Resources and Northwestern Mutual topped the rankings of servicers for life companies.
PNC/Midland, Wells Fargo, Berkadia, Berkeley Point Capital LLC and GEMSA Loan Services ranked highest among Fannie Mae/Freddie Mac servicers.
The full set of rankings can be accessed online.