Mortgage Bankers Association released their mid-year rankings. It lists the top servicers for commercial and multifamily loans and also ranks by secondary market activity.

Wells Fargo came on top in commercial and multifamily loans, servicing 40,292 loans totaling to $462.8 billion. PNC Real Estate/Midland Loan Services, Inc., with $307.9 billion serviced loans, placed second. Berkadia Commercial Mortgage LLC and Bank of America Merrill Lynch are on the 3^rd and 4^th place, with serviced loans equal to $202.6 billion and $133.4 billion, respectively.

Commercial- and asset- backed securities were also ranked; so as collaterized debt obligation activity. The four who came on top of the MBA listing had securities portfolio of $381.6 billion, $130 billion, $120.4 billion, and $95.3 billion.

The number one commercial banking and savings institution is PNC, followed by TriMont Real Estate Advisors, Inc. and Deutsche Bank.

GEMSA Loan Services, L.P. gained top spot for credit company/pension funds/REITs/investment funds. PNC gets another spot in this subcategory, coming in second place. Teachers Insurance and Annuity Association, College Retirement Equities Fund (TIAA-CREF) came in third.

Servicing loans for Fannie Mae and Freddie Mac were also ranked, with PNC again gaining top spot with $56.8 billion. Wells Fargo (with Wachovia) gains another ranking, placing second with $44.8 billion. Deutsche Bank, with $26.5 billion serviced loan, is on third place.

PNC also tops the servicers ranking for FHA and Ginnie Mae securities; Berkadia, Prudential Asset Resources, Wells Fargo and Red Mortgage Capital, LLC follow suit.

Commercial and multifamily loans with collateral outside the U.S. were also ranked. With $33.6 billion serviced loans, Hatfield Phillips International (an LNR company) ranked first overall. It is followed by Deutsche Bank ($21.5 billion) and PNC ($11.7 billion).

All ranking are based on primary (loan payment collection and property performance) and master (cash and data collection) servicing.