20 banks with the largest mortgage servicing volume in Q4

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The top five banks in the ranking of depositories holding the most servicing on average increased their unpaid principal balance by an average of 5.26% in the fourth quarter of 2024 compared to the prior quarter. First United Bank and Trust Company saw the biggest growth in mortgage servicing volume between the third and fourth quarters, with an increase of 12.79%. 

The data in this ranking was sourced from National Mortgage News' MortgageStats site, which pulls from quarterly call reports available from the Federal Financial Institutions Examination Council.

Scroll through to see which bank lenders are in the top 20 and how they fared through the end of December 2024.

Bank lenders ranked by mortgage servicing volume in Q4

Rank Company Location Q4 unpaid
principal
balance
Q3 unpaid
principal
balance
Percent
change
20 Associated
Bank
Green Bay, WI $88,000,000 $82,000,000 7.32%
19 SouthState
Bank
Winter Haven, FL $90,000,000 $84,000,000 7.14%
18 Umpqua
Bank
Portland, OR $108,000,000 $102,000,000 5.88%
17 Cadence
Bank
Starkville, MS $116,000,000 $107,000,000 8.41%
16 Trustmark
National
Bank
Jackson, MS $139,000,000 $126,000,000 10.32%
15 FirstBank of
Colorado
Lakewood, CO $162,000,000 $169,000,000 -4.14%
14 First United
Bank and
Trust
Company
Durant, OK $194,000,000 $172,000,000 12.79%
13 Bell Bank Fargo, ND $202,000,000 $187,000,000 8.02%
12 Barrington
Bank & Trust
Barrington, IL $204,000,000 $185,000,000 10.27%
11 NexBank Dallas $230,000,000 $216,000,000 6.48%
10 Arvest Bank Bentonville, AR $311,000,000 $296,000,000 5.07%
9 Huntington
National
Bank
Columbus, OH $573,000,000 $515,000,000 11.26%
8 Regions
Bank
Birmingham, AL $1,007,000,000 $971,000,000 3.71%
7 Citizens Bank Providence, RI $1,491,000,000 $1,501,000,000 -0.67%
6 Fifth Third
Bank
Cincinnati $1,704,000,000 $1,656,000,000 2.90%
5 U.S. Bank Minneapolis $3,369,000,000 $3,187,000,000 5.71%
4 Truist Bank Charlotte, NC $3,696,000,000 $3,490,000,000 5.90%
3 PNC Bank Pittsburgh $3,711,000,000 $3,503,000,000 5.94%
2 Wells Fargo San Francisco $6,928,000,000 $6,627,000,000 4.54%
1 JPMorgan
Chase
New York $9,121,000,000 $8,752,000,000 4.22%
Chart showing banks with the largest mortgage servicing volume in Q4, where Associate Bank ranks 20th.
Chart showing banks with the largest mortgage servicing volume in Q4, where SouthState Bank ranks 19th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Umpqua Bank ranks 18th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Cadence Bank ranks 17th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Trustmark National Bank ranks 16th.
Chart showing banks with the largest mortgage servicing volume in Q4, where FirstBank of Colorado ranks 15th.
Chart showing banks with the largest mortgage servicing volume in Q4, where First United Bank and Trust Company ranks 14th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Bell Bank ranks 13th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Barrington Bank & Trust ranks 12th.
Chart showing banks with the largest mortgage servicing volume in Q4, where NexBank ranks 11th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Arvest Bank ranks 10th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Huntington National Bank ranks 9th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Regions Bank ranks 8th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Citizens Bank ranks 7th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Fifth Third Bank ranks 6th.
Chart showing banks with the largest mortgage servicing volume in Q4, where U.S. Bank ranks 5th.
Chart showing banks with the largest mortgage servicing volume in Q4, where Truist Bank ranks 4th.
Chart showing banks with the largest mortgage servicing volume in Q4, where PNC Bank ranks 3rd.
Chart showing banks with the largest mortgage servicing volume in Q4, where Wells Fargo ranks 2nd.
Chart showing banks with the largest mortgage servicing volume in Q4, where JPMorgan Chase ranks 1st.
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