EX-99.2 3 a06-25379_1ex99d2.htm EX-99.2

Exhibit 99.2

COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES
ROLLING THIRTEEN MONTH STATISTICAL DATA
(Dollars in millions)

 

 

Nov-05

 

Dec-05

 

Jan-06

 

Feb-06

 

Mar-06

 

Apr-06

 

May-06

 

Jun-06

 

Jul-06

 

Aug-06

 

Sep-06

 

Oct-06

 

Nov-06

 

YTD

 

LOAN PRODUCTION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Working Days in the Period

 

21

 

21

 

20

 

19

 

23

 

20

 

22

 

22

 

20

 

23

 

20

 

22

 

21

 

232

 

Average Daily Mortgage Loan Applications

 

$

2,667

 

$

2,467

 

$

2,408

 

$

2,505

 

$

2,687

 

$

2,562

 

$

2,667

 

$

2,731

 

$

2,539

 

$

2,645

 

$

2,836

 

$

2,642

 

$

2,729

 

$

2,635

 

Mortgage Loan Pipeline (loans-in-process)

 

$

68,773

 

$

59,651

 

$

57,351

 

$

59,336

 

$

64,167

 

$

63,739

 

$

65,577

 

$

64,979

 

$

62,230

 

$

64,125

 

$

65,316

 

$

60,939

 

$

62,004

 

 

 

Commercial Real Estate Loan Pipeline (loans-in-process)

 

$

441

 

$

297

 

$

308

 

$

258

 

$

203

 

$

295

 

$

204

 

$

305

 

$

203

 

$

296

 

$

227

 

$

181

 

$

408

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Fundings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Markets Division

 

$

13,656

 

$

12,735

 

$

10,304

 

$

10,809

 

$

13,513

 

$

12,413

 

$

14,170

 

$

14,708

 

$

12,978

 

$

14,021

 

$

12,436

 

$

13,669

 

$

12,809

 

$

141,830

 

Wholesale Lending Division

 

8,171

 

8,607

 

7,141

 

7,159

 

9,349

 

8,419

 

9,083

 

9,283

 

7,786

 

8,193

 

7,229

 

7,464

 

6,650

 

87,756

 

Correspondent Lending Division

 

19,227

 

18,266

 

14,233

 

11,223

 

15,680

 

13,263

 

13,325

 

15,332

 

14,023

 

16,185

 

16,534

 

19,399

 

17,764

 

166,961

 

Capital Markets

 

1,190

 

4,506

 

955

 

1,746

 

1,306

 

1,943

 

1,996

 

2,674

 

944

 

1,782

 

1,596

 

576

 

565

 

16,083

 

Total Mortgage Loan Fundings

 

42,244

 

44,114

 

32,633

 

30,937

 

39,848

 

36,038

 

38,574

 

41,997

 

35,731

 

40,181

 

37,795

 

41,108

 

37,788

 

412,630

 

Commercial Real Estate Fundings

 

647

 

362

 

235

 

268

 

463

 

252

 

281

 

464

 

427

 

273

 

646

 

406

 

863

 

4,578

 

Total Loan Fundings

 

$

42,891

 

$

44,476

 

$

32,868

 

$

31,205

 

$

40,311

 

$

36,290

 

$

38,855

 

$

42,461

 

$

36,158

 

$

40,454

 

$

38,441

 

$

41,514

 

$

38,651

 

$

417,208

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Countrywide Bank Mortgage Loan Fundings (1)

 

$

3,335

 

$

4,480

 

$

4,183

 

$

3,825

 

$

4,551

 

$

4,996

 

$

8,050

 

$

11,057

 

$

11,845

 

$

13,233

 

$

11,706

 

$

17,206

 

$

15,235

 

$

105,887

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Fundings in Units:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Markets Division

 

86,972

 

81,628

 

69,073

 

72,924

 

88,971

 

81,216

 

90,906

 

92,204

 

82,294

 

88,698

 

78,388

 

83,206

 

75,501

 

903,381

 

Wholesale Lending Division

 

39,158

 

41,380

 

34,735

 

34,947

 

45,660

 

40,501

 

43,783

 

44,785

 

37,798

 

40,740

 

35,448

 

36,813

 

32,856

 

428,066

 

Correspondent Lending Division

 

93,705

 

91,459

 

71,049

 

55,858

 

76,598

 

65,684

 

66,904

 

77,911

 

71,023

 

82,777

 

85,213

 

96,120

 

87,847

 

836,984

 

Capital Markets

 

4,588

 

17,250

 

3,777

 

6,737

 

4,871

 

7,749

 

7,509

 

9,942

 

3,716

 

6,978

 

5,832

 

2,594

 

2,198

 

61,903

 

Total Mortgage Loan Fundings in Units

 

224,423

 

231,717

 

178,634

 

170,466

 

216,100

 

195,150

 

209,102

 

224,842

 

194,831

 

219,193

 

204,881

 

218,733

 

198,402

 

2,230,334

 

Commercial Real Estate

 

35

 

28

 

26

 

24

 

38

 

32

 

45

 

66

 

40

 

39

 

56

 

97

 

70

 

533

 

Total Loan Fundings in Units

 

224,458

 

231,745

 

178,660

 

170,490

 

216,138

 

195,182

 

209,147

 

224,908

 

194,871

 

219,232

 

204,937

 

218,830

 

198,472

 

2,230,867

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Countrywide Bank Mortgage Loan Units (1)

 

30,038

 

35,116

 

31,622

 

30,707

 

37,008

 

37,913

 

57,918

 

75,386

 

74,781

 

82,746

 

73,642

 

99,553

 

85,771

 

687,047

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan Fundings: (2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase

 

$

19,409

 

$

21,086

 

$

14,410

 

$

13,527

 

$

18,412

 

$

16,462

 

$

18,251

 

$

20,710

 

$

17,228

 

$

19,368

 

$

17,627

 

$

17,287

 

$

15,832

 

$

189,114

 

Non-purchase

 

22,835

 

23,028

 

18,223

 

17,410

 

21,436

 

19,576

 

20,323

 

21,287

 

18,503

 

20,813

 

20,168

 

23,821

 

21,956

 

223,516

 

Total Mortgage Loan Fundings

 

$

42,244

 

$

44,114

 

$

32,633

 

$

30,937

 

$

39,848

 

$

36,038

 

$

38,574

 

$

41,997

 

$

35,731

 

$

40,181

 

$

37,795

 

$

41,108

 

$

37,788

 

$

412,630

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan Fundings by Product:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Government Fundings

 

$

886

 

$

890

 

$

856

 

$

816

 

$

1,206

 

$

1,045

 

$

1,108

 

$

1,161

 

$

1,047

 

$

1,161

 

$

1,036

 

$

1,241

 

$

1,176

 

$

11,853

 

ARM Fundings

 

$

21,052

 

$

22,356

 

$

16,835

 

$

15,682

 

$

19,098

 

$

17,312

 

$

19,508

 

$

19,936

 

$

16,936

 

$

17,978

 

$

15,486

 

$

15,471

 

$

13,817

 

$

188,059

 

Home Equity Fundings

 

$

3,714

 

$

4,020

 

$

3,476

 

$

3,411

 

$

4,176

 

$

3,918

 

$

4,226

 

$

4,317

 

$

3,798

 

$

4,141

 

$

3,766

 

$

3,571

 

$

3,219

 

$

42,019

 

Nonprime Fundings

 

$

3,899

 

$

4,405

 

$

3,042

 

$

2,845

 

$

3,318

 

$

3,292

 

$

3,807

 

$

4,107

 

$

3,354

 

$

3,722

 

$

3,058

 

$

3,254

 

$

3,058

 

$

36,857

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MORTGAGE LOAN SERVICING (3)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Volume

 

$

1,092,104

 

$

1,111,090

 

$

1,126,610

 

$

1,137,344

 

$

1,152,651

 

$

1,164,010

 

$

1,179,179

 

$

1,196,720

 

$

1,210,919

 

$

1,228,518

 

$

1,244,311

 

$

1,263,061

 

$

1,278,101

 

 

 

Units

 

7,379,806

 

7,431,949

 

7,500,434

 

7,542,493

 

7,604,711

 

7,637,270

 

7,686,777

 

7,757,724

 

7,813,034

 

7,890,954

 

7,964,033

 

8,043,817

 

8,110,072

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subservicing Volume(4)

 

$

32,265

 

$

29,901

 

$

29,141

 

$

28,776

 

$

26,172

 

$

22,541

 

$

22,243

 

$

21,975

 

$

22,012

 

$

23,179

 

$

20,552

 

$

21,125

 

$

18,692

 

 

 

Subservicing Units

 

268,954

 

261,078

 

247,185

 

250,832

 

238,767

 

216,296

 

212,483

 

209,564

 

207,213

 

209,126

 

193,536

 

193,170

 

183,359

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepayments in Full

 

$

19,125

 

$

17,810

 

$

13,548

 

$

14,463

 

$

18,992

 

$

16,540

 

$

19,037

 

$

19,685

 

$

16,934

 

$

19,783

 

$

16,907

 

$

20,142

 

$

19,455

 

$

195,486

 

Bulk Servicing Acquisitions

 

$

997

 

$

1,686

 

$

40

 

$

37

 

$

24

 

$

16

 

$

26

 

$

29

 

$

34

 

$

534

 

$

2,375

 

$

3,913

 

$

2,164

 

$

9,192

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Portfolio Delinquency - CHL (5)

 

4.58

%

4.61

%

4.42

%

4.29

%

3.68

%

4.06

%

3.91

%

3.92

%

4.11

%

4.15

%

4.50

%

4.43

%

4.57

%

 

 

Foreclosures Pending - CHL (5)

 

0.43

%

0.44

%

0.46

%

0.47

%

0.47

%

0.46

%

0.47

%

0.47

%

0.48

%

0.50

%

0.52

%

0.56

%

0.60

%

 

 

 



 

COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES
ROLLING THIRTEEN MONTH STATISTICAL DATA
(Dollars in millions)

 

 

Nov-05

 

Dec-05

 

Jan-06

 

Feb-06

 

Mar-06

 

Apr-06

 

May-06

 

Jun-06

 

Jul-06

 

Aug-06

 

Sep-06

 

Oct-06

 

Nov-06

 

YTD

 

LOAN CLOSING SERVICES (units)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Credit Reports

 

764,650

 

657,448

 

821,967

 

788,038

 

952,880

 

820,238

 

906,653

 

893,541

 

818,603

 

920,379

 

788,458

 

837,157

 

744,719

 

9,292,633

 

Flood Determinations

 

301,893

 

294,120

 

275,546

 

253,647

 

325,135

 

276,384

 

313,710

 

316,722

 

196,237

 

302,948

 

273,293

 

290,196

 

292,759

 

3,116,577

 

Appraisals

 

105,296

 

96,598

 

86,503

 

80,234

 

112,836

 

99,621

 

116,380

 

119,292

 

102,950

 

117,367

 

104,930

 

118,105

 

110,071

 

1,168,289

 

Automated Property Valuation Services

 

618,304

 

457,504

 

967,896

 

497,300

 

590,348

 

1,048,619

 

527,849

 

488,613

 

444,637

 

939,734

 

699,238

 

539,126

 

902,351

 

7,645,711

 

Other

 

15,626

 

15,261

 

15,866

 

15,718

 

18,194

 

12,634

 

18,536

 

17,203

 

15,160

 

19,918

 

17,471

 

21,167

 

20,595

 

192,462

 

Total Units

 

1,805,769

 

1,520,931

 

2,167,778

 

1,634,937

 

1,999,393

 

2,257,496

 

1,883,128

 

1,835,371

 

1,577,587

 

2,300,346

 

1,883,390

 

1,805,751

 

2,070,495

 

21,415,672

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CAPITAL MARKETS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities Trading Volume (6)

 

$

307,234

 

$

286,037

 

$

314,858

 

$

292,307

 

$

371,190

 

$

281,690

 

$

331,804

 

$

320,842

 

$

278,625

 

$

353,106

 

$

301,179

 

$

299,790

 

$

325,784

 

$

3,471,175

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BANKING

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Banking Operations Assets (in billions)

 

$

72

 

$

73

 

$

75

 

$

75

 

$

78

 

$

79

 

$

80

 

$

84

 

$

85

 

$

87

 

$

88

 

$

83

 

$

82

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INSURANCE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrier

 

$

72.9

 

$

105.6

 

$

79.4

 

$

73.2

 

$

75.4

 

$

73.1

 

$

72.9

 

$

83.1

 

$

75.5

 

$

92.1

 

$

76.5

 

$

81.0

 

$

80.0

 

$

862.2

 

Reinsurance

 

17.0

 

16.5

 

17.0

 

17.4

 

17.4

 

18.7

 

17.9

 

18.6

 

18.4

 

18.7

 

19.5

 

19.5

 

20.1

 

203.2

 

Total Net Premiums Earned

 

$

89.9

 

$

122.1

 

$

96.4

 

$

90.6

 

$

92.8

 

$

91.8

 

$

90.8

 

$

101.7

 

$

93.9

 

$

110.8

 

$

96.0

 

$

100.5

 

$

100.1

 

$

1,065.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Workforce Head Count: (7)(8)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Originations

 

30,781

 

30,619

 

30,721

 

30,826

 

31,211

 

31,789

 

32,360

 

32,515

 

32,253

 

32,310

 

32,013

 

32,395

 

31,906

 

 

 

Loan Servicing

 

7,372

 

7,460

 

7,590

 

7,687

 

7,816

 

7,771

 

7,683

 

7,390

 

7,138

 

7,003

 

6,959

 

6,951

 

6,968

 

 

 

Loan Closing Services

 

1,648

 

1,648

 

1,615

 

1,585

 

1,589

 

1,582

 

1,618

 

1,709

 

1,764

 

1,699

 

1,665

 

1,668

 

1,657

 

 

 

Banking

 

2,101

 

2,078

 

2,156

 

2,230

 

2,273

 

2,342

 

2,366

 

2,414

 

2,463

 

2,473

 

2,476

 

2,075

 

2,047

 

 

 

Capital Markets

 

673

 

683

 

699

 

712

 

726

 

738

 

779

 

809

 

842

 

838

 

858

 

854

 

878

 

 

 

Insurance

 

2,096

 

2,100

 

2,139

 

2,147

 

2,146

 

2,089

 

2,105

 

2,113

 

2,124

 

2,141

 

2,135

 

2,095

 

2,052

 

 

 

Global Operations

 

3,050

 

3,251

 

3,369

 

1,875

 

1,989

 

2,022

 

2,066

 

2,034

 

2,028

 

2,126

 

2,291

 

2,550

 

2,652

 

 

 

Corporate Overhead & Other

 

6,501

 

6,617

 

6,779

 

6,897

 

7,002

 

7,156

 

7,286

 

7,427

 

7,447

 

7,319

 

7,167

 

6,846

 

6,802

 

 

 

Total Workforce Head Count

 

54,222

 

54,456

 

55,068

 

53,959

 

54,752

 

55,489

 

56,263

 

56,411

 

56,059

 

55,909

 

55,564

 

55,434

 

54,962

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period-end Rates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10-Year U.S. Treasury Yield

 

4.49

%

4.39

%

4.53

%

4.55

%

4.86

%

5.07

%

5.12

%

5.15

%

4.99

%

4.74

%

4.64

%

4.61

%

4.46

%

 

 

FNMA 30-Year Fixed Rate MBS Coupon

 

5.85

%

5.75

%

5.76

%

5.73

%

6.01

%

6.10

%

6.31

%

6.37

%

6.15

%

5.93

%

5.86

%

5.79

%

5.57

%

 

 

(1)    These loans are processed for Countrywide Bank by the Company’s Mortgage Banking production divisions and are included in “Total Mortgage Loan Fundings” above. The amounts include loans funded for both investment purposes and for sale.  The Company will report the amount of such loans subsequently sold on a quarterly basis.

(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 loans held for sale, loans held for investment, and loans serviced for others, including those under subservicing agreements.

(4)    Subservicing volume for non-Countrywide entities.

(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 Segment.

(7)    Workforce Head Count includes full-time employees, contract, and temporary help.

(8)    During June 2006, certain Information Technology functions were realigned within the Company.  As a result, certain staff have been reclassified into “Corporate Overhead.”  Prior months’ workforce have been restated to reflect this realignment.

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