Burt M. Polson - Commercial Real Estate Broker

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Top 10 Lenders in California of REO Properties

The follow is a list of the top 10 lenders in California with the highest outstanding loan balances of REO properties as of Q2 2011. This list is comprised of all property types:

Name                                                               Total REO
Wells Fargo Bank, N.A.                              $4,705,000,000
Bank Of America, N.A.                                $3,476,194,000
JPMorgan Chase Bank, N.A.                      $3,293,000,000
Branch Banking & Trust Co.                       $1,508,637,000
U.S. Bank, N.A.                                           $1,463,720,000
Citibank                                                       $1,057,000,000
P N C Bank, N.A.                                           $819,563,000
SunTrust Bank                                               $674,338,000
Fifth Third Bank                                              $488,453,000
Regions Bank                                                 $430,452,000

Total top 10 lenders in California                $17,916,357,000
Total of all 228 lenders in California            $35,832,714,000

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