Who were the top lenders to property owners and builders in Orange County last year? According to TRW Real Estate Market Information in Colton, it was big financial institutions in neighboring Los Angeles.
Home Savings of America, based in Los Angeles, was first in loan volume with $1.1 billion. It also ranked first in 1986, according to TRW.
Moving up to second was Security Pacific National Bank, with $979 million in loans. Security Pacific, also based in Los Angeles, was ranked third in 1986.
Third was Wells Fargo National Bank with $966 million. The bank moved up from seventh place in 1986.
Great Western Savings, based in Beverly Hills, was fourth with $812 million in loans. It dropped from second place in 1986.