Chart: Top Residential Mortgage Lenders - 8 News NOW

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Chart: Top Residential Mortgage Lenders

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As housing prices in the Las Vegas metro area peaked in 2005-2006, the biggest mortgage lender by far was Countrywide Financial Corp. Countrywide, which found itself in the center of the subprime lending crisis as the nation's biggest mortgage lender, issued $28.6 billion in residential loans in that two-year period, according to In Business Las Vegas. That included 72,954 loans to purchase homes and 42,015 to refinance loans.

If you also include 2007-2008, the next biggest lender from 2005-2008 was Bank of America at $18.8 billion, followed by Wells Fargo Bank at $16 billion. With Countrywide on the brink of bankruptcy due to a tidal wave of mortgage defaults, Bank of America bought Countrywide in 2008 for $4.1 billion to become the nation's largest mortgage lender and loan servicer. But as reported in October, Bank of America now faces at least $60 billion in mortgage-related litigation, much of it tied to Countrywide's portfolio.

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