$2 Billion in Home Loans Issued in the County in First Half of 1988 : REAL ESTATE
Which lender has the largest share of the $2 billion in home loans issued in Orange County during the first half of 1988?
It’s Great Western Savings in Beverly Hills, with a hefty 8.3% of the market, or $171 million worth of mortgages.
According to Damar Corp. in Los Angeles, which tracks the figures in Southern California, Home Savings of America in Los Angeles was second with 7.9%, or $162 million.
After that the numbers drop sharply. California Federal Savings and Loan Assn. of Los Angeles was third with 4.3%, San Diego’s Home Federal Savings and Loan Assn. was fourth with 3.6% and World Savings and Loan Assn. in Oakland was fifth with 3.2%.
Great Western appears well in the lead, according to Damar. In June, its share of the home loan market jumped to 10.3%.
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