Top Originators in First Half of 1999

+++ (Dollars in millions) part 1 of 2

Origination volume

year-to-date Rank 6/30/99 1 Chase Manhattan Mortgage, Edison, N.J. (CB) $56,020 2 Norwest Mortgage, Des Moines (CB) 50,330 3 Countrywide Credit Industries, Calabasas, Calif. (F) 46,625 4 Bank of America Mortgage, Charlotte, N.C. (CB) 37,620 5 Washington Mutual Savings, Seattle (T) 21,206 6 Fleet Mortgage, Columbia, S.C. (CB) 20,776 7 ABN Amro Mortgage, Chicago (CB) 16,356 8 HomeSide Lending, Jacksonville, Fla. (F) 15,408 9 Cendant Mortgage, Mt. Laurel, N.J. (F) 14,595 10 North American Mortgage/Dime, Tampa, Fla. (T) 13,925 11 Citicorp/Source One, Stamford, Conn. (CB) 12,702 12 PNC Mortgage, Vernon Hills, Ill. (CB) 11,907 13 FT Mortgage Companies, Dallas (CB) 11,201 14 SunTrust/Crestar Mortgage, Richmond, Va. (CB) 10,500 15 First Nationwide Mortgage, Frederick, Md. (T) 9,748 16 National City Mortgage, Miamisburg, Ohio (CB) 9,418 17 GMAC Mortgage, Horsham, Pa. (F) 9,284 18 Flagstar Bank, Bloomfield Hills, Mich. (CB) 9,214 19 GE Capital Mortgage Services, Cherry Hill, N.J. (F) 8,515 20 Crossland Mortgage, Salt Lake City (F) 7,800 21 Principal Residential Mortgage, Des Moines (F) 7,714 22 Old Kent Mortgage, Grand Rapids, Mich. (CB) 7,121 23 First Union Mortgage, Charlotte, N.C. (CB) 6,834 24 Headlands Mortgage, Larkspur, Calif. (T) (BC) 5,467 25 Resource Bancshares Mortgage, Columbia, S.C. (F) 5,462 26 Ohio Savings, Cleveland (T) 5,323 27 Regions Mortgage, Montgomery, Ala. (CB) 4,994 28 Golden West Financial Corp., Oakland (T) 4,948 29 CTX Mortgage, Dallas (F) 4,910 30 AccuBanc Mortgage, Dallas (F) 4,857 31 Prism Mortgage, Chicago (F) 4,796 32 Household Financial Services, Prospect Heights, Ill. 4,752 33 Associates Home Equity/Fin. Services, Irving, Tex. ( 4,750 34 FirstCity Financial Mortgage, Houston (F) 4,336 35 IndyMac Mortgage Holdings, Pasadena, Calif. (R) 3,665 36 Banc One Mortgage, Indianapolis (CB) 3,467 37 Irwin Mortgage, Indianapolis (F) 3,387 38 Green Tree Financial, St. Paul, Minn. (F) (BC) 3,370 39 HSBC Mortgage, Depew, N.Y. (CB) 3,234 40 Firstar Home Mortgage, Bloomington, Minn. (CB) 3,202 41 USAA Federal Savings, San Antonio (T) 2,991 42 Downey Savings & Loan, Newport Beach, Calif. (T) 2,825 43 ContiMortgage Corp., Hatboro, Pa. (F) 2,816 44 Commercial Credit/Travelers, Baltimore (CB) (BC) 2,787 45 Republic Bancorp, Owosso, Mich. (CB) 2,768 46 Branch Banking & Trust Co., Wilson, N.C. (CB) 2,712 47 Charter One Bank, Cleveland (T) 2,686 48 Temple-Inland Mortgage, Austin, Tex. (F) 2,401 49 Astoria Federal Savings, Lake Success, N.Y. (T) 2,292 50 Money Store, Sacramento, Calif. (CB) (BC) 2,200 51 Fifth Third Bank, Cincinnati (CB) 2,029 52 Republic National Bank of New York (CB) 2,015 53 Colonial Mortgage, Montgomery, Ala. (CB) 1,990 54 Option One Mortgage, Irvine, Calif. (F) (BC) 1,897 55 New Century Financial, Irvine, Calif. (F) (BC) 1,851 56 First Franklin Financial, San Jose, Calif. (F) (BC) 1,799 57 M & T Mortgage, Buffalo (CB) 1,665 58 American General/Mor Equity, Evansville, Ind. (F) 1,652 59 NVR Mortgage Finance, McLean, Va. (F) 1,649 60 SouthTrust Mortgage, Birmingham, Ala. (CB) 1,605 61 Bank United, Houston (T) 1,546 62 Mortgage.com, Plantation, Fla. (F) 1,533 63 HomeBanc Mortgage, Atlanta (F) 1,488 64 Navy Federal Credit Union, Vienna, Va. (CU) 1,487 65 B.F. Saul/Chevy Chase Bank, Bethesda, Md. (T) 1,475 66 Long Beach Mortgage, Orange, Calif. (F) (BC) 1,463 67 Guaranty Federal, Dallas (T) 1,450 68 Advanta Mortgage USA, Springhouse, Pa. (F) (BC) 1,439 69 Mortgage Investors Corp., St. Petersburg, Fla. (F) 1,408 70 Commercial Federal Mortgage, Omaha (T) 1,369 71 M & I Mortgage, Cedarburg, Wis. (CB) 1,360 72 Huntington Mortgage, Columbus, Ohio (CB) 1,272 73 DiTech Funding, Irvine, Calif. (F) 1,220 74 Rock Financial, Bingham Farms, Mich. (F) 1,207 75 Wachovia Mortgage, Winston-Salem, N.C. (CB) 1,143 76 Hibernia National Bank, Baton Rouge, La. (CB) 1,126 77 Saxon Mortgage, Glen Allen, Va. (R) (BC) 1,110 78 Columbia National, Columbia, Md. (T) 1,108 79 Market Street Mortgage, Clearwater, Fla. (F) 982 80 Pulte Mortgage, Greenwood Village, Colo. (F) 958 81 Sovereign Bank, Reading, Pa. (T) 938 82 Mercantile Bank, St. Louis (CB) 931 83 PCFS Financial Services, Cincinnati (F) (BC) 927 84 Aames Financial Corp., Los Angeles (F) (BC) 918 85 State Employees Credit Union, Raleigh, N.C. (CU) 899 86 Summit Mortgage, Cranford, N.J. (CB) 895 87 Alliance Funding, Montvale, N.J. (F) (BC) 894 88 First City Mortgage, Denver (F) 866 89 Delta Funding Corp., Woodbury, N.Y. (F) (BC) 819 90 WMC Mortgage, Woodland Hills, Calif. (F) (BC) 804 91 Mid America Fed Saving, Clarendon Hills, Ill. (T) 750 92 PNB Mortgage, Irvine, Calif. (F) 737 93 IMC Mortgage Co., Tampa, Fla. (F) (BC) 700 94 Impac Mortgage, Santa Ana Heights, Calif. (R) (BC) 637 95 Bank of Hawaii, Honolulu (CB) 609 96 Centex Home Equity Corp., Dallas (F) (BC) 598 97 Washington Federal Savings, Seattle (T) 592 98 CIT Group Consumer Finance, Livingston, N.J. (BC) 585 99 Continental Savings Bank, Seattle (T) 585 100 Allied Group Mortgage, West Des Moines, Iowa (F) (BC 582

Total for the top 100 $575,777

Estimated total mortgages originated in the first hal 732,000

Origination growth rate % net of refinancings

Totals for the 33 commercial banks $302,004

Totals for the 19 savings & loans 81,223

Totals for the 43 finance companies. 184,752

Totals for the 3 REITs 5,412

Totals for the 2 credit unions 2,386

Totals for the 22 "B&C" subprime-focused originators 40,348 Part 2 of 2

Mkt. Mkt. shr. Rank 6/30/98% changeshare % % chg. 1 $34,960 60.24 7.65 2.17 2 46,940 7.22 6.88 -0.48 3 39,599 17.74 6.37 0.16 4 37,785 -0.44 5.14 -0.78 5 20,329 4.31 2.9 -0.29 6 13,686 51.8 2.84 0.69 7 12,789 27.89 2.23 0.23 8 13,124 17.4 2.1 0.05 9 11,157 30.81 1.99 0.25 10 13,905 0.14 1.9 -0.28 11 12,767 -0.51 1.74 -0.27 12 7,753 53.58 1.63 0.41 13 9,360 19.67 1.53 0.06 14 9,058 15.92 1.43 0.01 15 5,989 62.76 1.33 0.39 16 8,268 13.92 1.29 -0.01 17 5,745 61.6 1.27 0.37 18 8,248 11.71 1.26 -0.03 19 9,753 -12.7 1.16 -0.37 20 5,896 32.29 1.07 0.14 21 5,357 43.99 1.05 0.21 22 5,980 19.08 0.97 0.04 23 7,682 -11.04 0.93 -0.27 24 3,580 52.71 0.75 0.19 25 7,553 -27.69 0.75 -0.44 26 3,056 74.18 0.73 0.25 27 2,898 72.33 0.68 0.23 28 3,539 39.81 0.68 0.12 29 4,622 6.23 0.67 -0.05 30 6,053 -19.76 0.66 -0.29 31 2,839 68.96 0.66 0.21 32 3,400 39.78 0.65 0.12 33 4,550 4.4 0.65 -0.06 34 3,681 17.79 0.59 0.02 35 5,358 -31.6 0.5 -0.34 36 5,473 -36.65 0.47 -0.38 37 4,049 -16.35 0.46 -0.17 38 2,291 47.1 0.46 0.1 39 2,853 13.35 0.44 -0.01 40 3,008 6.45 0.44 -0.03 41 2,049 46 0.41 0.09 42 1,360 107.75 0.39 0.17 43 3,799 -25.88 0.38 -0.21 44 2,084 33.73 0.38 0.05 45 2,978 -7.05 0.38 -0.09 46 2,782 -2.49 0.37 -0.07 47 3,074 -12.64 0.37 -0.11 48 2,881 -16.66 0.33 -0.12 49 2,162 6.01 0.31 -0.03 50 3,242 -32.14 0.3 -0.21 51 3,118 -34.92 0.28 -0.21 52 1,515 33 0.28 0.04 53 1,739 14.43 0.27 0 54 1,260 50.55 0.26 0.06 55 1,474 25.58 0.25 0.02 56 875 105.59 0.25 0.11 57 1,728 -3.65 0.23 -0.04 58 811 103.7 0.23 0.1 59 1,237 33.31 0.23 0.03 60 1,351 18.83 0.22 0.01 61 1,764 -12.36 0.21 -0.07 62 722 112.33 0.21 0.1 63 1,212 22.76 0.2 0.01 64 1,321 12.57 0.2 0 65 1,388 6.27 0.2 -0.02 66 1,143 27.97 0.2 0.02 67 816 77.7 0.2 0.07 68 2,304 -37.56 0.2 -0.16 69 1,323 6.42 0.19 -0.02 70 1,111 23.19 0.19 0.01 71 1,406 -3.27 0.19 -0.03 72 1,250 1.8 0.17 -0.02 73 1,340 -8.96 0.17 -0.04 74 970 24.41 0.16 0.01 75 1,334 -14.33 0.16 -0.05 76 1,033 9.01 0.15 -0.01 77 960 15.59 0.15 0 78 1,201 -7.75 0.15 -0.04 79 984 -0.2 0.13 -0.02 80 688 39.32 0.13 0.02 81 906 3.53 0.13 -0.01 82 980 -4.98 0.13 -0.03 83 411 125.55 0.13 0.06 84 1,245 -26.24 0.13 -0.07 85 306 193.69 0.12 0.07 86 850 5.29 0.12 -0.01 87 703 27.17 0.12 0.01 88 641 35.1 0.12 0.02 89 836 -2.08 0.11 -0.02 90 1,739 -53.77 0.11 -0.16 91 724 3.59 0.1 -0.01 92 736 0.05 0.1 -0.01 93 3,600 -80.56 0.1 -0.47 94 1,273 -49.93 0.09 -0.11 95 478 27.41 0.08 0.01 96 417 43.41 0.08 0.02 97 498 18.88 0.08 0 98 615 -4.88 0.08 -0.02 99 672 -12.89 0.08 -0.03 100 301 93.26 0.08 0.03

T$498,651 15.47% 81.42% -1.01%

E 638,000 14.73%

Originati 7.55%

T$257,375 17.34 42.7 0.16

T 68,122 19.23 11.49 0.23

T 163,937 12.7 26.12 -0.97

T 7,591 -28.71 0.77 -0.49

T 1,627 46.65 0.34 0.07

T 38,303 5.34 5.71 -0.63 ===

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