Top 5 Biggest Mortgage Companies in the US

In this article, we will take a look at the top 5 biggest mortgage companies in the US. If you want to read our detailed analysis, you can go directly to the Top 20 Biggest Mortgage Companies in the US.

5. PennyMac Financial Services, Inc. (NYSE:PFSI)

Market Capitalization as of February 12, 2024: $4.58 Billion

With a market capitalization of $4.58 billion, PennyMac Financial Services, Inc. (NYSE:PFSI) ranks fifth on our list of the biggest mortgage companies in the United States. The company provides mortgage banking and investment management services. It offers its services across three segments including production, servicing, and investment management. Under its production segment, the company originates, acquires, and sells government-insured, conventional, and mortgage loans. Under the servicing segment, the company provides servicing for newly originated loans.

4. Mr. Cooper Group Inc. (NASDAQ:COOP)

Market Capitalization as of February 12, 2024: $4.65 Billion

Mr. Cooper Group Inc. (NASDAQ:COOP) ranks as one of the biggest mortgage companies in the United States. The company provides its services across two segments including servicing and origination. The company engages in activities related to underlying mortgages such as collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. Under the originations segment the company provides residential mortgage loans and purchase loans from mortgage bankers. Mr. Cooper Group Inc. (NASDAQ:COOP) was founded in 2015 and is based in Texas.

3. Federal Home Loan Mortgage Corporation (OTC:FMCCT)

Market Capitalization as of February 12, 2024: $16.14 Billion

Federal Home Loan Mortgage Corporation (OTC:FMCCT) ranks third on our list of the biggest mortgage companies in the United States. The company provides its services through two segments including single-family and multi-family. The company purchases residential mortgage loans from lenders and also invests in mortgage-related securities. Federal Home Loan Mortgage Corporation (OTC:FMCCT) has a market capitalization of $16.14 billion.

2. UWM Holdings Corporation (NYSE:UWMC)

Market Capitalization as of February 12, 2024: $21.31 Billion

With a market capitalization of $21.31 billion, UWM Holdings Corporation (NYSE:UWMC) ranks as one of the biggest mortgage companies in the United States. The company specializes in residential mortgage lending. The company provides mortgage loans via wholesale distribution channels. UWM Holdings Corporation (NYSE:UWMC) was founded in 1986 and is headquartered in Michigan.

1. Rocket Companies, Inc. (NYSE:RKT)

Market Capitalization as of February 12, 2024: $22.95 Billion

Rocket Companies, Inc. (NYSE:RKT) ranks first on our list of the biggest mortgage companies in the United States. The company specializes in the provision of mortgage lending and settlement services. The company also offers financial technology services in the United States and Canada. Prominent solutions by the company include Rocket Mortgage, Amrock, Rocket Homes, Rocket Auto, Rocket Solar, Rocket Monet, Rocket Loans, Rocket Central, and Rocket Connections. Rocket Companies, Inc. (NYSE:RKT) was founded in 1985 and has a market capitalization of $22.95 billion.

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