Home lenders saw a healthy quarter-over-quarter increase in mortgage production -- with some companies making bigger gains than others. There was jockeying for position among the top-10 players.

Based on data collected for the Mortgage Daily Second Quarter Mortgage Origination Survey, mortgage originations during the three months ended June 30 increased 24% from the first quarter.

However, industry production has slowed on a year-over-year basis, with overall business declining by 51% from the second-quarter 2013.

Mortgage Daily estimates total second-quarter 2014 volume among all lenders was $296 billion.

Wells Fargo held on to its No. 1 status.

Bank of America wrestled the No. 3 spot away from Quicken Loans, while PennyMac leapt past Citigroup to become the seventh-biggest mortgage lender.

BB&T made it into the top 10 -- bumping Nationstar Mortgage out in the process.

The 10-biggest lenders accounted for 46% of industry originations.

Originations (billions)

The biggest increase between the first and second quarters was had by BECU: 102%. Next was McLean Mortgage, Lake Michigan Credit Union and HomeStreet.

Among the nation's largest lenders, only Chase and Nationstar saw a sequential decline.

Compared to a year earlier, Stonegate Mortgage, BECU and New American Funding were the only entities to report an increase.

While lenders generally reported strong pipelines heading into the third quarter, the Mortgage Market Index report from LoanSifter/Optimal Blue and Mortgage Daily points to a 3% decline.

Moving along to servicing, Wells Fargo continued to dominate.

The size of the servicing portfolios at nine of the 10-biggest servicers eroded from the first quarter.

No. 10 Quicken was the only top-10 servicer to grow its portfolio.

Servicing Portfolios as of 6/30/14
(billions)