Top 25 counties--residential ARM
markets.
Fourth-Quarter 2007, Nationwide / Sort Order: Number of Loans
Market Avg.
Rank County Count Dollar Amount Share Amount
1 LOS ANGELES, CA 33,340 $12,201,706,964 8.20% $365,978
2 COOK, IL 13,391 $2,872,732,387 3.29% $214,527
3 ORANGE, CA 12,799 $4,868,137,832 3.15% $380,353
4 SAN DIEGO, CA 10,781 $3,708,214,435 2.65% $343,958
5 SANTA CLARA, CA 10,545 $4,560,446,971 2.59% $432,475
6 KING, WA 8,564 $2,427,885,895 2.11% $283,499
7 MARICOPA, AZ 8,109 $2,773,247,075 1.99% $341,996
8 ALAMEDA, CA 7,452 $2,605,415,479 1.83% $349,626
9 DADE, FL 7,303 $2,077,545,985 1.80% $284,478
10 RIVERSIDE, CA 7,133 $1,911,930,287 1.75% $268,040
11 SAN BERNARDINO, CA 7,117 $1,557,561,087 1.75% $218,851
12 CONTRA COSTA, CA 6,015 $2,166,617,029 1.48% $360,202
13 SAN MATEO, CA 4,339 $2,011,460,328 1.07% $463,577
14 BROWARD, FL 4,088 $1,017,213,497 1.01% $248,829
15 VENTURA, CA 3,617 $1,178,067,596 0.89% $325,703
16 SAN FRANCISCO, CA 3,581 $1,750,922,433 0.88% $488,948
17 DU PAGE, IL 3,503 $732,390,794 0.86% $209,075
18 SACRAMENTO, CA 3,465 $731,446,233 0.85% $211,096
19 CLARK, NV 3,463 $1,083,373,299 0.85% $312,842
20 SNOHOMISH, WA 3,360 $691,313,361 0.83% $205,748
21 PALM BEACH, FL 3,110 $831,174,678 0.77% $267,259
22 LAKE, IL 2,598 $690,722,977 0.64% $265,867
23 QUEENS, NY 2,592 $607,637,523 0.64% $234,428
24 SALT LAKE, UT 2,522 $543,396,875 0.62% $215,463
25 PRINCE GEORGE'S, 2,470 $660,135,554 0.61% $267,261
MD
Other Counties 231,274 $49,274,274,282 56.89% $213,056
TOTAL 406,531 $105,534,970,856 100.00% $259,599
SOURCE: First American CoreLogic, a First American company (NYSE: FAF),
Santa Ana, California. Marketrac[R] information is collected from county
recorder offices in more than 1,100 counties, representing 85 percent of
mortgage transactions nationwide. Lender participation in Marketrac
rankings is automatic. Rankings are established using the lender name
filed on recorded documents, and therefore do not include non-recorded
relationships that may include wholesale lenders and third-party
originators.
COPYRIGHT 2008 Mortgage Bankers Association of
America Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008 Gale, Cengage Learning. All rights
reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.