Big Bank Homeowners

January 10, 2013

This article was originally published in Lynn Szymoniak’s publication, ‘Fraud Digest,’ and is republished here as a resource for those interested in foreclosures and document fraud.

January 28, 2012

 

In most counties, the records of the county property appraiser identify the homeowners in the county.

In January, 2012, in Palm Beach County, Florida, for example, 11 banks, FANNIE and FREDDIE and one mortgage servicer were the biggest homeowners, with 2,907 homes owned in total. Palm Beach County is the third largest county, by population, in Florida.

The banks and servicer owned 2,284 homes; FANNIE & FREDDIE owned 623 homes.

Three of the banks, Bank of America, Wells Fargo and Deutsche Bank, owned more homes than FANNIE.

Wells Fargo (including Wachovia) was the largest homeowner, owning 551 homes.

Bank of America and Deutsche Bank were close second and third largest, owning 496 homes and 454 homes, respectively. (The Bank of America total represents homes owned by Bank of America, BAC Home Loans Servicing and Countrywide.)

FANNIE owned 441 homes; FREDDIE owned 182 homes.

Bank of New York, the trustee for hundreds of Countrywide trusts, owned 338 homes.

U.S. Bank, the trustee for many Bear Stearns trusts, owned 196 homes

HSBC bank, the trustee for almost all of the Deutsche Bank Securities trusts, owned 175 homes.

JP Morgan Chase, including the homes owned by Chase Mortgage, and the Chase subsidiaries, Homesales, Inc. and Homesales of Delaware, Inc., owned a relatively low 174 homes.

Aurora Loan Services, keeper of most of the Lehman Brothers loans, was in 10th place among the large homeowners, with 149 homes.

Citibank, including Citimortgage, was the only other bank owning over 100 homes, with 111 homes.

Suntrust owned 82 homes; IndyMac/OneWest owned 54 homes; and GMAC owned 31 homes.

Home ownership in Florida’s 33 counties with population of 100,000 or greater as of January 24, 2012, is set forth below. The 34 counties with populations under 100,000 have a combined population of 1,278,080, approximately the population of Hillsborough County.  The home ownership of Hillsborough has been used to approximate the ownership in these 34 counties.

 

FLORIDA HOMES OWNED BY 8 LARGEST BANKS ON 1-24-2012:   22,112

 

FLORIDA HOMES OWNED BY FANNIE & FREDDIE ON 1-24-2012:    7,170

 

FL HOMES OWNED BY BANK OF AMERICA ON 1-24-2012:  5,143

 

FL HOMES OWNED BY WELLS FARGO ON 1-24-2012: 4,727

 

FL HOMES OWNED BY DEUTSCHE BANK ON 1-24-2012: 3,114

 

FL HOMES OWNED BY BANK OF NEW YORK ON 1-24-2012:  2,855

 

1 – MIAMI-DADE COUNTY (pop. 2,496,435)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 650

BANK OF NEW YORK: 367

CHASE: 254

CITIBANK: 222

DEUTSCHE BANK: 676

FANNIE: 515

FREDDIE: 213

HSBC: 324

U.S. BANK: 121

WELLS FARGO: 579

BANKS: 3,193/F & F: 728

 

 

2 – BROWARD COUNTY (pop. 1,748,066)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 624

BANK OF NEW YORK: 479

CHASE: 157

CITIBANK: 99

DEUTSCHE BANK: 445

FANNIE: 712

FREDDIE: 188

HSBC: 205

U.S. BANK: 489

WELLS FARGO: 493

BANKS: 2,991/F & F: 900

 

3 – PALM BEACH COUNTY (pop. 1,320,134)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 497

BANK OF NEW YORK: 338

CHASE: 180

CITIBANK: 111

DEUTSCHE BANK: 454

FANNIE: 441

FREDDIE: 182

HSBC: 175

U.S. BANK: 196

WELLS FARGO: 551

BANKS: 2,502/F & F: 623

 

4 – HILLSBOROUGH COUNTY  (pop: 1,229,226)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 220

BANK OF NEW YORK: 116

CHASE: 40

CITIBANK: 30

DEUTSCHE BANK: 152

FANNIE: 265

FREDDIE: 83

HSBC: 84

U.S. BANK: 138

WELLS FARGO: 197

BANKS: 977/F & F: 348

5 – ORANGE COUNTY  (pop. 1,145,956)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 278

BANK OF NEW YORK: 31

CHASE: 102

CITIBANK: 49

DEUTSCHE BANK: 130

FANNIE: 500

FREDDIE: 126

HSBC: 83

U.S. BANK: 120

WELLS FARGO: 216

BANKS: 1,009/F & F: 626

 

6 – PINELLAS COUNTY (pop. 916,542)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 166

BANK OF NEW YORK: 99

CHASE: 16

CITIBANK: 28

DEUTSCHE BANK: 113

FANNIE: 47

FREDDIE: 0

HSBC: 40

U.S. BANK: 143

WELLS FARGO: 181

BANKS: 786/F & F: 47

 

7 – DUVAL COUNTY (pop. 864,263)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 208

BANK OF NEW YORK: 116

CHASE: 93

CITIBANK: 30

DEUTSCHE BANK: 93

FANNIE: 204

FREDDIE: 93

HSBC: 40

U.S. BANK: 90

WELLS FARGO: 240

BANKS: 910/F & F: 297

8 – LEE (pop. 618,754)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 357

BANK OF NEW YORK: 208

CHASE: 52

CITIBANK: 48

DEUTSCHE BANK: 112

FANNIE: 411

FREDDIE: 100

HSBC: 52

U.S. BANK: 157

WELLS FARGO: 190

BANKS: 1,176/F & F: 511

 

9 – POLK (pop. 602,095)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 210

BANK OF NEW YORK: 79

CHASE: 38

CITIBANK: 30

DEUTSCHE BANK: 86

FANNIE: 153

FREDDIE: 58

HSBC: 34

U.S. BANK: 93

WELLS FARGO: 130

BANKS: 697/F& F: 211

 

10 – BREVARD (pop. 543,376)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 127

BANK OF NEW YORK: 67

CHASE: 25

CITIBANK: 10

DEUTSCHE BANK: 44

FANNIE: 144

FREDDIE: 42

HSBC: 18

U.S. BANK: 53

WELLS FARGO: 108

BANKS: 452/F& F: 186

11 – VOLUSIA (pop. 494,593)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 95

BANK OF NEW YORK: 88

CHASE: 26

CITIBANK: 14

DEUTSCHE BANK: 59

FANNIE: 50

FREDDIE: 43

HSBC: 26

U.S. BANK: 61

WELLS FARGO: 99

BANKS: 468/F& F: 93

 

12 – SEMINOLE (pop. 422,718)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 107

BANK OF NEW YORK: 81

CHASE: 24

CITIBANK: 11

DEUTSCHE BANK: 48

FANNIE: 146

FREDDIE: 41

HSBC: 23

U.S. BANK: 25

WELLS FARGO: 76

BANKS: 395/F& F: 187

 

13 – PASCO (pop. 464,697)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 102

BANK OF NEW YORK: 53

CHASE: 21

CITIBANK: 17

DEUTSCHE BANK: 64

FANNIE: 174

FREDDIE: 28

HSBC: 33

U.S. BANK: 74

WELLS FARGO: 95

BANKS: 459/F& F:202

14 – SARASOTA (pop. 379,448)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 110

BANK OF NEW YORK: 81

CHASE: 16

CITIBANK: 13

DEUTSCHE BANK: 51

FANNIE: 157

FREDDIE: 46

HSBC: 23

U.S. BANK: 38

WELLS FARGO: 134

BANKS: 466/F& F: 203

 

15 – MARION (pop. 331,298)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 90

BANK OF NEW YORK: 18

CHASE: 19

CITIBANK: 9

DEUTSCHE BANK: 31

FANNIE: 87

FREDDIE: 28

HSBC: 16

U.S. BANK: 38

WELLS FARGO: 98

BANKS: 319/F& F: 115

 

16 – MANATEE  (pop. 322,833)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 117

BANK OF NEW YORK: 40

CHASE: 8

CITIBANK: 14

DEUTSCHE BANK: 37

FANNIE: 77

FREDDIE: 18

HSBC: 22

U.S. BANK: 52

WELLS FARGO: 396

BANKS: 686/F& F: 95

17 – COLLIER (pop. 321,520)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 121

BANK OF NEW YORK: 54

CHASE: 18

CITIBANK: 16

DEUTSCHE BANK: 33

FANNIE: 120

FREDDIE: 33

HSBC: 25

U.S. BANK: 28

WELLS FARGO: 79

BANKS: 374/F& F: 153

 

18 – ESCAMBIA (pop. 297,619)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 30

BANK OF NEW YORK:  27

CHASE:  3

CITIBANK: 10

DEUTSCHE BANK: 26

FANNIE: 62

FREDDIE: 23

HSBC: 17

U.S. BANK: 46

WELLS FARGO: 40

BANKS: 199/F& F: 85

 

19 – LAKE (pop. 297,052)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 51

BANK OF NEW YORK: 38

CHASE: 12

CITIBANK: 5

DEUTSCHE BANK: 28

FANNIE: 91

FREDDIE: 35

HSBC: 14

U.S. BANK: 40

WELLS FARGO: 75

BANKS: 263/F& F: 126

20  – ST. LUCIE (pop. 277,789)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 110

BANK OF NEW YORK: 47

CHASE: 27

CITIBANK: 9

DEUTSCHE BANK: 59

FANNIE: 132

FREDDIE: 40

HSBC: 33

U.S. BANK: 65

WELLS FARGO: 76

BANKS: 426/F& F: 172

 

21 – LEON (pop. 275,487)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 23

BANK OF NEW YORK:  12

CHASE: 7

CITIBANK: 2

DEUTSCHE BANK: 9

FANNIE: 44

FREDDIE: 12

HSBC: 4

U.S. BANK: 16

WELLS FARGO:  33

BANKS: 106/F& F: 56

 

22 – OSCEOLA (pop. 268,685)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 134

BANK OF NEW YORK: 3

CHASE: 30

CITIBANK: 6

DEUTSCHE BANK: 10

FANNIE: 103

FREDDIE: 29

HSBC: 7

U.S. BANK: 10

WELLS FARGO:  55

BANKS: 255/F& F: 132

23 – ALACHUA (pop. 247,336)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA:  36

BANK OF NEW YORK: 9

CHASE: 6

CITIBANK: 4

DEUTSCHE BANK: 11

FANNIE: 39

FREDDIE: 14

HSBC: 3

U.S. BANK: 19

WELLS FARGO: 40

BANKS: 128/F& F: 53

 

24 – CLAY (pop. 190,865)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 39

BANK OF NEW YORK: 16

CHASE:  7

CITIBANK: 2

DEUTSCHE BANK: 17

FANNIE: 43

FREDDIE: 7

HSBC: 11

U.S. BANK: 22

WELLS FARGO: 29

BANKS: 143/F& F: 50

 

25 – ST. JOHNS (pop. 190,039)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 40

BANK OF NEW YORK: 33

CHASE: 6

CITIBANK: 11

DEUTSCHE BANK: 14

FANNIE: 56

FREDDIE:  31

HSBC: 8

U.S. BANK:  29

WELLS FARGO:  58

BANKS: 203/F& F: 87

26 – OKALOOSA (pop. 180,822)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 35

BANK OF NEW YORK: 27

CHASE: 2

CITIBANK: 8

DEUTSCHE BANK: 19

FANNIE: 50

FREDDIE: 12

HSBC: 8

U.S. BANK: 24

WELLS FARGO: 16

BANKS: 139/F& F: 62

 

27 – HERNANDO (pop. 172,778)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 53

BANK OF NEW YORK: 41

CHASE: 13

CITIBANK: 3

DEUTSCHE BANK: 24

FANNIE: 82

FREDDIE: 26

HSBC: 15

U.S. BANK: 30

WELLS FARGO: 47

BANKS: 226/F& F: 108

 

28 – BAY (pop. 168,852)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 43

BANK OF NEW YORK: 39

CHASE: 13

CITIBANK: 2

DEUTSCHE BANK: 25

FANNIE: 70

FREDDIE: 18

HSBC: 7

U.S. BANK: 21

WELLS FARGO: 21

BANKS: 171/F& F: 88

29 – CHARLOTTE (pop. 159,978)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 110

BANK OF NEW YORK: 59

CHASE: 15

CITIBANK: 4

DEUTSCHE BANK: 29

FANNIE: 22

FREDDIE: 23

HSBC: 18

U.S. BANK: 41

WELLS FARGO: 56

BANKS: 332/F& F: 45

 

30 – SANTA ROSA (pop. 151,372)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 30

BANK OF NEW YORK: 13

CHASE: 1

CITIBANK: 5

DEUTSCHE BANK: 8

FANNIE: 34

FREDDIE: 10

HSBC: 3

U.S. BANK: 10

WELLS FARGO: 33

BANKS: 103/F& F: 44

 

31 – MARTIN (pop. 146,318)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 22

BANK OF NEW YORK: 6

CHASE: 5

CITIBANK: 2

DEUTSCHE BANK: 18

FANNIE: 53

FREDDIE: 9

HSBC: 11

U.S. BANK: 15

WELLS FARGO: 33

BANKS: 112/F& F: 62

 

32 – CITRUS (pop. 141,236)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 50

BANK OF NEW YORK: 27

CHASE: 6

CITIBANK: 3

DEUTSCHE BANK: 20

FANNIE: 40

FREDDIE: 14

HSBC: 3

U.S. BANK: 18

WELLS FARGO: 19

BANKS: 146/F& F: 54

 

33 – INDIAN RIVER (pop. 138,028)

HOMES OWNED BY 8 MAJOR BANKS, FANNIE & FREDDIE

 

BANK OF AMERICA: 38

BANK OF NEW YORK: 27

CHASE: 22

CITIBANK: 6

DEUTSCHE BANK: 17

FANNIE: 55

FREDDIE: 18

HSBC: 9

U.S. BANK: 24

WELLS FARGO: 37

BANKS: 180/F& F: 73

 

34 – HIGHLANDS (pop. 98,786)

35 – FLAGLER (pop. 95,696)

36 – SUMTER (pop. 93,420)

37 – PUTNAM (pop. 74,364)

38 – NASSAU (pop. 73,314)

39 – MONROE (pop. 73,090)

40 – COLUMBIA (pop. 67,531)

41 – WALTON (pop. 55,043)

42 – JACKSON (pop. 49,726)

43 – GADSDEN (pop. 46,389)

44 – SUWANNEE (pop. 44,551)

45 – LEVY (pop. 40,801)

46 – OKEECHOBEE (pop. 39,996)

47 – HENDRY (pop. 39,140)

48 – DESOTO (pop. 34,862)

49 – WAKULLA (pop. 30,776)

50 – BRADFORD (pop. 28,520)

51 – HARDEE (pop. 27,731)

52 – BAKER (pop. 27,115)

53 – WASHINGTON (pop. 24,896)

54 – TAYLOR  (pop. 22,570)

55 – HOLMES (pop. 19,927)

56 – MADISON (pop. 19,224)

57 – GILCHRIST (pop. 16,939)

58 – DIXIE (pop. 16,422)

59 – GULF (pop. 15,863)

60 – UNION (pop. 15,535)

61 – HAMILTON (pop. 14,799)

62 – JEFFERSON (pop. 14,761)

63 – CALHOUN (pop. 14,625)

64 – GLADES (pop. 12,884)

65 – FRANKLIN (pop. 11,549)

66 – LAFAYETTA (pop. 8,870)

67 – LIBERTY (pop. 8,365)