FLORIDA HOMES OWNED BY 8 LARGEST BANKS ON 1-24-2012

Lynn E. Szymoniak, Esq., Ed., Fraud Digest, 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