Wells Fargo Bank remains #1 in foreclosures in San Francisco with more than double the foreclosure auctions (92 auctions) scheduled than #2 forecloser JP Morgan Chase (44 auctions) and #3 forecloser Bank of America (43 auctions) to sell off family’s homes this holiday season.
One indicator of trends in foreclosures is the situation with bank preforeclosures (properties in default with no foreclosure auction date yet set). Wells Fargo is #1 in San Francisco in preforeclosures (77 homes) with JP Morgan Chase at #2 (54 homes) and Bank of America #3 (24 homes).
For current bank-owned (REO) properties in San Francisco since July 25, 2012, JP Morgan Chase is #1 in San Francisco REOs (11 properties), Wells Fargo is #2 (9 properties), and Bank of America and US Bank are tied for #3 (7 properties each).
Top Ten Data
The top 10 lenders by number of foreclosure auctions scheduled in San Francisco as of November 17, 2012 (source Foreclosure Radar, aggregated by corporate empire):
| Rank | Lender | Auctions Scheduled |
|---|---|---|
| 1 | WELLS FARGO BANK N A | 92 |
| 2 | JP MORGAN CHASE BANK N A | 44 |
| 3 | BANK OF AMERICA N A | 43 |
| 4 | THE BANK OF NEW YORK TRUST CO | 31 |
| 5 | US BANK NATIONAL ASSOCIATION | 28 |
| 6 | NATIONSTAR | 16 |
| 7 | DEUTSCHE BK NATL TRUST CO TR | 11 |
| 8 | CITIBANK N A | 10 |
| 9 | HSBC BANK USA N A | 8 |
| 10 (tie) | OCWEN LOAN SERVICING LLC | 5 |
| 10 (tie) | MORTGAGE ELECTRONIC REGISTRATION | 5 |
The top 10 lenders by number of foreclosure auctions scheduled in San Francisco as of November 17, 2012 (source Foreclosure Radar, aggregated by corporate empire):
| Rank | Lender | Auctions Scheduled |
|---|---|---|
| 1 | WELLS FARGO BANK N A | 77 |
| 2 | JP MORGAN CHASE BANK N A | 54 |
| 3 | BANK OF AMERICA N A | 24 |
| 4 | DEUTSCHE BK NATL TRUST CO TR | 18 |
| 5 | US BANK NATIONAL ASSOCIATION | 16 |
| 6 | THE BANK OF NEW YORK TRUST CO | 15 |
| 7 | CITIMORTGAGE | 10 |
| 8 (tie) | EAST-WEST BANK | 10 |
| 8 (tie) | ONEWEST BANK FSB | 6 |
| 9 | OCWEN LOAN SERVICING LLC | 5 |
The top 10 lenders by number of bank-owned properties in San Francisco as from July 25, 2012, to November 17, 2012 (source Foreclosure Radar, aggregated by corporate empire):
| Rank | Lender | Auctions Scheduled |
|---|---|---|
| 1 | JP MORGAN CHASE BANK N A | 11 |
| 2 | WELLS FARGO BANK N A | 9 |
| 3 (tie) | US BANK NATIONAL ASSOCIATION | 7 |
| 3 (tie) | BANK OF AMERICA N A | 7 |
| 4 (tie) | NATIONSTAR | 4 |
| 4 (tie) | CITIBANK N A | 4 |
| 5 | DEUTSCHE BK NATL TRUST CO TR | 3 |
| 6 (tie) | ING BANK, FSB | 2 |
| 6 (tie) | ONEWEST BANK FSB | 2 |
| 6 (tie) | THE BANK OF NEW YORK TRUST CO | 2 |
| 6 (tie) | VERICREST FINANCIAL, INC | 2 |