The Real Deal Miami

Wells Fargo still on top in MBA ranking of commercial mortgage servicers

Wells Fargo’s signature stagecoach

Wells Fargo has remained at the top of the Mortgage Bankers Association’s ranking of commercial and multifamily mortgage servicers, the New York Observer reported. With $429.1 billion in U.S. master and primary servicing assets as of Dec. 31, the bank is followed by PNC Real Estate/Midland Loan Services ($337.6 billion), Berkadia Commercial Mortgage ($197.3 billion), Bank of America Merrill Lynch ($112.5 billion) and KeyBank Real Estate Capital (101.2 billion) in the annual ranking, according to the Observer. [more]