October 26, 2009
B of A Tops Middlesex County Lending
Mortgage Data Web sent us over some interesting numbers on lending activity in Middlesex County for January 2009 through July 2009. Note that these numbers include both purchases and re-fi’s:
| Rank | Lender Name | # Mortgages | Total $ Amount($000) | Market Share | Average Mortgage | # Fixed | # ARMS | # Construction |
| 1 | Bank of America | 2,516 | $728,321 | 8.06% | $289,476 | 2,513 | 3 | 1 |
| 2 | Wells Fargo | 1,691 | $501,806 | 5.55% | $296,751 | 1,691 | 0 | 0 |
| 3 | Mortgage Master | 1,489 | $471,683 | 5.22% | $316,778 | 1,489 | 0 | 2 |
| 4 | Leader Mortgage Co | 1,267 | $374,472 | 4.14% | $295,558 | 1,267 | 0 | 1 |
| 5 | RBS Citizens Bank | 1,514 | $313,349 | 3.47% | $206,968 | 1,514 | 0 | 0 |
| 6 | Sovereign Bank | 1,223 | $297,129 | 3.29% | $242,951 | 1,222 | 1 | 2 |
| 7 | Countrywide | 864 | $247,838 | 2.74% | $286,850 | 864 | 0 | 4 |
| 8 | MetLife | 705 | $227,676 | 2.52% | $322,945 | 705 | 0 | 0 |
| 9 | Eastern Bank | 788 | $203,237 | 2.25% | $257,915 | 788 | 0 | 0 |
| 10 | NE Moves Mortgage | 544 | $172,731 | 1.91% | $317,520 | 544 | 0 | 0 |
| **–OTHER–** | 20,394 | $5,503,444 | 60.87% | $269,856 | 20,383 | 11 | 25 | |
| Grand Total | 32,995 | $9,041,686 | 100.00% | $274,032 | 32,980 | 15 | 35 | |
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