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'
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% |
