EX-99.25 3 v03176exv99w25.txt EXHIBIT 99.25 EXHIBIT 99.25 COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES ROLLING THIRTEEN MONTH STATISTICAL DATA (DOLLARS IN MILLIONS)
OCT-03 NOV-03 DEC-03 JAN-04 FEB-04 ------ ------ ------ ------ ------ LOAN PRODUCTION Number of Working Days in the Period 23 19 22 20 19 Average Daily Loan Applications $1,564 $1,479 $1,339 $1,776 $1,968 Mortgage Loan Pipeline (loans-in-process) $42,650 $38,841 $32,969 $38,354 $43,760 Loan Fundings: Consumer Markets Division $8,198 $6,954 $7,670 $6,211 $7,326 Wholesale Lending Division 6,235 4,725 4,902 3,844 4,801 Correspondent Lending Division 10,908 8,598 9,390 8,240 8,518 ----------------------------------------------------------------------------- Total Mortgage Banking 25,341 20,277 21,962 18,295 20,645 Capital Markets 2,314 829 1,489 1,013 1,046 Treasury Bank (1) 1,310 1,100 1,698 1,312 1,582 ----------------------------------------------------------------------------- TOTAL LOAN FUNDINGS $28,965 $22,206 $25,149 $20,620 $23,273 ============================================================================= Loan Fundings in Units: Consumer Markets Division 67,213 57,058 61,031 49,154 54,962 Wholesale Lending Division 38,255 28,887 29,638 22,685 27,880 Correspondent Lending Division 67,709 52,969 57,079 49,694 50,250 ----------------------------------------------------------------------------- Total Mortgage Banking 173,177 138,914 147,748 121,533 133,092 Capital Markets 9,266 4,629 6,357 4,680 3,491 Treasury Bank (1) 14,938 13,257 16,861 14,681 16,760 ----------------------------------------------------------------------------- TOTAL LOAN FUNDINGS IN UNITS 197,381 156,800 170,966 140,894 153,343 ============================================================================= Loan Fundings: Purchase (2) $12,366 $9,852 $12,115 $9,274 $9,226 Non-purchase (2) 16,599 12,354 13,034 11,346 14,047 ----------------------------------------------------------------------------- TOTAL LOAN FUNDINGS $28,965 $22,206 $25,149 $20,620 $23,273 ============================================================================= Government Fundings $1,774 $1,370 $1,343 $1,161 $1,117 ARM Fundings $10,676 $8,487 $9,679 $9,478 $10,293 Home Equity Fundings $1,752 $1,620 $1,805 $1,564 $1,637 Subprime Fundings $2,424 $2,029 $2,257 $2,009 $2,124 LOAN SERVICING (3) Volume $621,000 $631,470 $644,855 $657,541 $669,076 Units 4,923,935 5,001,743 5,080,621 5,162,726 5,234,634 Subservicing Volume (4) $11,921 $13,671 $14,404 $15,871 $15,548 Subservicing Units 139,983 157,785 159,357 166,923 163,190 Prepayments in Full $14,315 $11,403 $11,845 $9,387 $13,090 Bulk Servicing Acquisitions $1,845 $144 $1,054 $3,706 $3,123 Portfolio Delinquency - CHL (5) 3.54% 3.90% 3.91% 3.71% 3.71% Foreclosures Pending - CHL (5) 0.50% 0.43% 0.43% 0.43% 0.44%
MAR-04 APR-04 MAY-04 JUN-04 JUL-04 ------ ------ ------ ------ ------ LOAN PRODUCTION Number of Working Days in the Period 23 22 20 22 21 Average Daily Loan Applications $2,455 $2,041 $1,945 $1,905 $2,006 Mortgage Loan Pipeline (loans-in-process) $57,422 $54,836 $49,675 $47,317 $48,142 Loan Fundings: Consumer Markets Division $9,522 $11,115 $9,815 $9,804 $8,841 Wholesale Lending Division 6,993 7,727 6,208 5,913 5,376 Correspondent Lending Division 12,029 14,362 11,986 11,560 10,405 ----------------------------------------------------------------------------- Total Mortgage Banking 28,544 33,204 28,009 27,277 24,622 Capital Markets 1,265 494 1,875 2,230 2,396 Treasury Bank (1) 2,502 2,147 1,931 2,496 2,686 ----------------------------------------------------------------------------- TOTAL LOAN FUNDINGS $32,311 $35,845 $31,815 $32,003 $29,704 ============================================================================= Loan Fundings in Units: Consumer Markets Division 68,664 75,880 68,759 69,912 63,813 Wholesale Lending Division 39,820 42,114 34,247 33,270 30,710 Correspondent Lending Division 67,815 77,570 65,425 65,668 60,992 ----------------------------------------------------------------------------- Total Mortgage Banking 176,299 195,564 168,431 168,850 155,515 Capital Markets 5,114 1,463 6,740 8,486 9,949 Treasury Bank (1) 23,351 21,909 21,779 26,627 26,236 ----------------------------------------------------------------------------- TOTAL LOAN FUNDINGS IN UNITS 204,764 218,936 196,950 203,963 191,700 ============================================================================= Loan Fundings: Purchase (2) $13,127 $13,883 $14,575 $17,491 $17,541 Non-purchase (2) 19,184 21,962 17,240 14,512 12,163 ----------------------------------------------------------------------------- TOTAL LOAN FUNDINGS $32,311 $35,845 $31,815 $32,003 $29,704 ============================================================================= Government Fundings $1,530 $1,491 $1,235 $1,119 $1,039 ARM Fundings $13,872 $15,739 $15,745 $17,259 $17,021 Home Equity Fundings $2,088 $2,242 $2,272 $2,787 $2,838 Subprime Fundings $2,759 $2,765 $3,044 $3,745 $3,785 LOAN SERVICING (3) Volume $682,848 $693,768 $706,943 $726,227 $746,905 Units 5,313,058 5,372,526 5,443,555 5,547,050 5,668,620 Subservicing Volume (4) $15,307 $15,028 $15,289 $16,027 $16,843 Subservicing Units 166,514 163,842 163,931 163,396 172,602 Prepayments in Full $18,317 $23,557 $17,593 $14,945 $12,430 Bulk Servicing Acquisitions $2,349 $1,122 $1,563 $1,634 $4,187 Portfolio Delinquency - CHL (5) 3.20% 3.19% 3.49% 3.48% 3.51% Foreclosures Pending - CHL (5) 0.42% 0.38% 0.36% 0.37% 0.37%
AUG-04 SEP-04 OCT-04 YTD ------ ------ ------ --- LOAN PRODUCTION Number of Working Days in the Period 22 21 21 211 Average Daily Loan Applications $2,051 $2,098 $1,991 $2,029 Mortgage Loan Pipeline (loans-in-process) $50,024 $50,887 $51,990 Loan Fundings: Consumer Markets Division $9,288 $9,164 $9,666 $90,752 Wholesale Lending Division 6,102 5,881 6,236 59,081 Correspondent Lending Division 11,152 10,810 9,846 108,908 ---------------------------------------------- ---------------- Total Mortgage Banking 26,542 25,855 25,748 258,741 Capital Markets 1,592 2,123 729 14,763 Treasury Bank (1) 2,988 3,020 2,740 23,404 ---------------------------------------------- ---------------- TOTAL LOAN FUNDINGS $31,122 $30,998 $29,217 $296,908 ============================================== ================ Loan Fundings in Units: Consumer Markets Division 67,019 64,123 67,098 649,384 Wholesale Lending Division 34,422 32,818 33,390 331,356 Correspondent Lending Division 64,659 60,219 55,413 617,705 ---------------------------------------------- ---------------- Total Mortgage Banking 166,100 157,160 155,901 1,598,445 Capital Markets 6,948 10,288 2,868 60,027 Treasury Bank (1) 28,829 28,736 28,081 236,989 ---------------------------------------------- ---------------- TOTAL LOAN FUNDINGS IN UNITS 201,877 196,184 186,850 1,895,461 ============================================== ================ Loan Fundings: Purchase (2) $17,797 $17,001 $14,884 $144,799 Non-purchase (2) 13,325 13,997 14,333 152,109 ---------------------------------------------- ---------------- TOTAL LOAN FUNDINGS $31,122 $30,998 $29,217 $296,908 ============================================== ================ Government Fundings $961 $934 $832 $11,419 ARM Fundings $18,278 $21,026 $16,341 $155,052 Home Equity Fundings $3,056 $3,164 $3,036 $24,684 Subprime Fundings $4,275 $3,894 $3,276 $31,676 LOAN SERVICING (3) Volume $765,342 $785,992 $805,922 Units 5,773,837 5,889,950 6,018,496 Subservicing Volume (4) $16,312 $17,861 $16,869 Subservicing Units 169,665 174,079 171,273 Prepayments in Full $13,232 $13,669 $14,336 $150,556 Bulk Servicing Acquisitions $4,626 $3,399 $8,241 $33,950 Portfolio Delinquency - CHL (5) 3.57% 3.73% 3.92% Foreclosures Pending - CHL (5) 0.35% 0.35% 0.37%
(more) COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES ROLLING THIRTEEN MONTH STATISTICAL DATA (DOLLARS IN MILLIONS)
OCT-03 NOV-03 DEC-03 JAN-04 FEB-04 ------ ------ ------ ------ ------ LOAN CLOSING SERVICES (UNITS) Credit Reports 518,308 420,843 405,336 533,055 547,704 Flood Determinations 217,134 173,044 172,325 188,682 195,380 Appraisals 53,783 44,475 47,004 44,146 51,425 Automated Property Valuation Services 399,559 314,886 319,220 333,803 356,077 Other 11,457 9,741 12,096 14,750 14,218 ----------------------------------------------------------------------------- TOTAL UNITS 1,200,241 962,989 955,981 1,114,436 1,164,804 ============================================================================= CAPITAL MARKETS Securities Trading Volume (6) $208,429 $196,586 $179,390 $192,618 $221,082 BANKING Assets Held by Treasury Bank (in billions) $17.1 $17.7 $19.4 $20.3 $21.8 INSURANCE Net Premiums Earned: Carrier $59 $54 $51 $56 $52 Reinsurance 11 13 13 12 13 ----------------------------------------------------------------------------- TOTAL NET PREMIUMS EARNED $70 $67 $64 $68 $65 ============================================================================= GLOBAL OPERATIONS Global Home Loans Subservicing Volume (in billions) $100 $103 $106 $109 $112 WORKFORCE HEAD COUNT: (7) Loan Originations 19,089 18,933 19,018 19,020 19,395 Loan Servicing 6,087 6,098 6,069 6,017 5,870 Loan Closing Services 844 841 820 914 925 Insurance 1,882 1,856 1,823 1,781 1,768 Capital Markets 470 476 477 484 491 Global Operations 1,965 1,997 1,981 1,899 1,948 Banking 777 800 803 799 819 Corporate Overhead & Other 3,282 3,282 3,307 3,347 3,366 ----------------------------------------------------------------------------- TOTAL WORKFORCE HEAD COUNT 34,396 34,283 34,298 34,261 34,582 ============================================================================= PERIOD-END RATES 10-Year U.S. Treasury Yield 4.33% 4.34% 4.27% 4.16% 3.99% FNMA 30-Year Fixed Rate MBS Coupon 5.34% 5.41% 5.28% 5.19% 5.00%
MAR-04 APR-04 MAY-04 JUN-04 JUL-04 ------ ------ ------ ------ ------ LOAN CLOSING SERVICES (UNITS) Credit Reports 738,113 626,142 574,524 631,763 630,223 Flood Determinations 277,958 246,580 214,494 239,522 243,241 Appraisals 69,074 65,975 58,912 59,839 62,732 Automated Property Valuation Services 439,015 473,601 456,663 480,364 467,030 Other 16,379 16,058 13,583 15,332 13,252 ----------------------------------------------------------------------------- TOTAL UNITS 1,540,539 1,428,356 1,318,176 1,426,820 1,416,478 ============================================================================= CAPITAL MARKETS Securities Trading Volume (6) $276,738 $274,862 $292,116 $314,599 $266,645 BANKING Assets Held by Treasury Bank (in billions) $23.7 $24.9 $25.6 $27.2 $28.6 INSURANCE Net Premiums Earned: Carrier $50 $50 $48 $51 $54 Reinsurance 12 13 13 13 13 ----------------------------------------------------------------------------- TOTAL NET PREMIUMS EARNED $62 $63 $61 $64 $67 ============================================================================= GLOBAL OPERATIONS Global Home Loans Subservicing Volume (in billions) $111 $108 $111 $110 $110 WORKFORCE HEAD COUNT: (7) Loan Originations 20,560 21,696 22,400 23,035 23,114 Loan Servicing 5,802 5,828 5,864 5,908 5,910 Loan Closing Services 899 938 993 1,019 1,049 Insurance 1,762 1,809 1,822 1,826 1,854 Capital Markets 494 513 517 529 540 Global Operations 1,993 1,961 1,965 1,955 1,929 Banking 845 888 956 1,003 1,015 Corporate Overhead & Other 3,389 3,441 3,529 3,660 3,814 ----------------------------------------------------------------------------- TOTAL WORKFORCE HEAD COUNT 35,744 37,074 38,046 38,935 39,225 ============================================================================= PERIOD-END RATES 10-Year U.S. Treasury Yield 3.86% 4.53% 4.66% 4.62% 4.50% FNMA 30-Year Fixed Rate MBS Coupon 4.94% 5.59% 5.75% 5.59% 5.48%
AUG-04 SEP-04 OCT-04 YTD ------ ------ ------ --- LOAN CLOSING SERVICES (UNITS) Credit Reports 677,931 657,661 660,351 6,277,467 Flood Determinations 265,888 239,230 237,386 2,348,361 Appraisals 74,314 78,118 77,388 641,923 Automated Property Valuation Services 480,329 463,760 477,592 4,428,234 Other 13,324 13,678 14,430 145,004 ---------------------------------------------- ---------------- TOTAL UNITS 1,511,786 1,452,447 1,467,147 13,840,989 ============================================== ================ CAPITAL MARKETS Securities Trading Volume (6) $240,678 $287,475 $239,128 $2,605,941 BANKING Assets Held by Treasury Bank (in billions) $30.9 $33.9 $36.4 INSURANCE Net Premiums Earned: Carrier $51 $50 $54 $516 Reinsurance 13 14 14 130 ---------------------------------------------- ---------------- TOTAL NET PREMIUMS EARNED $64 $64 $68 $646 ============================================== ================ GLOBAL OPERATIONS Global Home Loans Subservicing Volume (in billions) $109 $110 $112 WORKFORCE HEAD COUNT: (7) Loan Originations 23,680 24,334 24,899 Loan Servicing 5,920 5,961 6,079 Loan Closing Services 1,072 1,100 1,113 Insurance 1,845 1,881 1,880 Capital Markets 554 559 566 Global Operations 1,942 1,935 1,949 Banking 1,083 1,164 1,184 Corporate Overhead & Other 3,889 4,001 4,033 ---------------------------------------------- TOTAL WORKFORCE HEAD COUNT 39,985 40,935 41,703 ============================================== PERIOD-END RATES 10-Year U.S. Treasury Yield 4.13% 4.14% 4.05% FNMA 30-Year Fixed Rate MBS Coupon 5.16% 5.23% 5.11%
(1) Treasury Bank funds loans for investment purposes; these loans are processed for Treasury Bank by the production divisions. (2) Purchase fundings include first trust deed and home equity loans used as purchase money debt in the acquisition of a home. Non-purchase fundings include first trust deed refinance loans, home equity refinance loans, and stand-alone home equity loans. (3) Includes warehouse loans and loans under subservicing agreements for other clients. (4) Subservicing volume for other clients. (5) Expressed as a percentage of the total number of loans serviced, excluding subserviced loans and portfolios purchased at a discount due to their non-performing status. (6) Includes trades with Mortgage Banking Division. (7) Workforce Head Count includes full-time employees, contract, and temporary help. # # #