PNC Real Estate
PNC Real Estate Receives Number of Top Servicer Rankings for 2010

PNC Real Estate once again received a number of top rankings in the Mortgage Bankers Association's 2010 Year-end Commercial / Multifamily Servicer Rankings report.

The combined portfolios of PNC Real Estate and Midland Loan Services resulted in the following:

  • Second largest US commercial loan servicer with $337 billion in loans serviced
  • Second largest US Commercial Mortgage-Backed Securities (CMBS) servicer with a $129 billion portfolio
  • Fourth largest US CMBS special servicer
  • Single largest servicer of Fannie Mae / Freddie Mac and FHA / Ginnie Mae
  • Single largest life insurance company and bank servicer

Of the top five servicers, PNC Real Estate / Midland Loan Services is the only one to have grown its overall US servicing portfolio in 2010. Midland Loan Services is the only company in the industry with the highest primary, master and special servicer ratings from Fitch and Standard & Poor's, a distinction that we have held for 11 consecutive years.

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