In an ironic twist, six financial institutions with market shares below 2.0 percent showed increased originations of VA loans in the second quarter of 2011, while most of the top 25 VA lenders fared poorly. Total second quarter originations of the top VA lenders fell 19.5 percent to $9.67 billion, while volume for all VA lenders dropped 12.9 percent to $15.8 billion from the previous quarter. The top 25 lenders accounted for 61.2 percent of new VA loans made during the period. Despite their mixed performance, the top five VA lenders accounted for a hefty 40.4 percent of loans in the second quarter. Wells Fargo led ...