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The top five banks in the list of subservicers had a combined unpaid principal balance of nearly $1.8 trillion at the end of last year's third quarter. While many subservicers saw a decrease between the second and third quarters, Cornerstone Capital Bank saw an increase of 33.44%.
The data in this ranking came from National Mortgage News' MortgageStats site, which pulls information from quarterly call reports available from the Federal Financial Institutions Examination Council.
This data reflects the principal balance of subserviced first-lien closed-end mortgages on residential properties with one to four units. It includes participations, and excludes loans in foreclosure at quarter-end.
See which banks were in the top 20 through the end of September.
Banks ranked by servicing value in Q3
| Rank | Company | Q3 servicing value | Q2 servicing value | Percent change |
| 20 | Barrington Bank & Trust | $12,123,000,000 | $12,076,000,000 | 0.39% |
| 19 | Ameris Bank | $13,260,000,000 | $12,894,000,000 | 2.84% |
| 18 | Bell Bank | $14,169,000,000 | $13,768,000,000 | 2.91% |
| 17 | Firstbank of Colorado | $14,464,000,000 | $14,626,000,000 | -1.11% |
| 16 | NexBank | $15,188,000,000 | $15,158,000,000 | 0.20% |
| 15 | Gateway First Bank | $16,750,000,000 | $16,755,000,000 | -0.03% |
| 14 | Cornerstone Capital Bank | $23,181,000,000 | $17,372,000,000 | 33.44% |
| 13 | Arvest Bank | $31,329,000,000 | $31,332,000,000 | -0.01% |
| 12 | Huntington National Bank | $33,565,000,000 | $33,404,000,000 | 0.48% |
| 11 | Citibank | $47,664,000,000 | $45,887,000,000 | 3.87% |
| 10 | Regions Bank | $68,423,000,000 | $69,111,000,000 | -1.00% |
| 9 | Bank of America | $77,302,000,000 | $79,177,000,000 | -2.37% |
| 8 | Flagstar Bank | $78,840,000,000 | $77,308,000,000 | 1.98% |
| 7 | Fifth Third Bank | $95,808,000,000 | $97,280,000,000 | -1.51% |
| 6 | Citizens Bank | $96,121,000,000 | $96,439,000,000 | -0.33% |
| 5 | PNC Bank | $199,955,000,000 | $202,828,000,000 | -1.42% |
| 4 | U.S. Bank | $215,286,000,000 | $225,780,000,000 | -4.65% |
| 3 | Truist Bank | $221,143,000,000 | $208,270,000,000 | 6.18% |
| 2 | Wells Fargo | $507,319,000,000 | $521,181,000,000 | -2.66% |
| 1 | JPMorgan Chase | $656,113,000,000 | $642,763,000,000 | 2.08% |
