EX-99.2 3 a07-19558_1ex99d2.htm EX-99.2

Exhibit 99.2

COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES

ROLLING THIRTEEN MONTH STATISTICAL DATA

(Dollars in millions)

 

 

Jun-06

 

Jul-06

 

Aug-06

 

Sep-06

 

Oct-06

 

Nov-06

 

Dec-06

 

Jan-07

 

Feb-07

 

Mar-07

 

Apr-07

 

May-07

 

Jun-07

 

YTD

 

LOAN PRODUCTION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Working Days in the Period

 

22

 

20

 

23

 

20

 

22

 

21

 

20

 

21

 

19

 

22

 

21

 

22

 

21

 

126

 

Average Daily Mortgage Loan Applications

 

$

2,731

 

$

2,539

 

$

2,645

 

$

2,836

 

$

2,642

 

$

2,729

 

$

2,735

 

$

2,820

 

$

3,009

 

$

3,134

 

$

2,937

 

$

3,126

 

$

3,144

 

$

3,031

 

Mortgage Loan Pipeline (loans-in-process)

 

$

64,979

 

$

62,230

 

$

64,125

 

$

65,316

 

$

60,939

 

$

62,004

 

$

57,217

 

$

58,697

 

$

63,945

 

$

69,389

 

$

68,747

 

$

69,744

 

$

68,533

 

 

 

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

 

$

1,297

 

$

1,204

 

$

1,730

 

$

1,415

 

$

1,824

 

$

2,232

 

$

1,991

 

$

1,954

 

$

2,381

 

$

3,207

 

$

2,845

 

$

2,319

 

$

2,206

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Fundings (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail Lending

 

$

14,708

 

$

12,978

 

$

14,021

 

$

12,436

 

$

13,669

 

$

12,809

 

$

13,949

 

$

12,647

 

$

11,955

 

$

14,409

 

$

13,578

 

$

14,377

 

$

14,043

 

$

81,009

 

Wholesale Lending

 

9,283

 

7,786

 

8,193

 

7,229

 

7,464

 

6,650

 

7,781

 

7,155

 

6,874

 

8,159

 

7,963

 

8,077

 

7,413

 

45,641

 

Correspondent Lending

 

15,332

 

14,023

 

16,185

 

16,534

 

19,399

 

17,764

 

18,370

 

16,261

 

14,896

 

18,616

 

18,294

 

20,803

 

21,875

 

110,745

 

Capital Markets Purchases

 

2,674

 

944

 

1,782

 

1,596

 

576

 

565

 

1,575

 

309

 

566

 

954

 

192

 

884

 

1,558

 

4,463

 

Banking Operations Purchases (1)

 

1,434

 

1,212

 

1,345

 

292

 

788

 

490

 

55

 

741

 

278

 

1,144

 

453

 

279

 

374

 

3,269

 

Total Mortgage Loan Fundings

 

43,431

 

36,943

 

41,526

 

38,087

 

41,896

 

38,278

 

41,730

 

37,113

 

34,569

 

43,282

 

40,480

 

44,420

 

45,263

 

245,127

 

Commercial Real Estate Lending

 

464

 

427

 

273

 

646

 

406

 

863

 

1,093

 

654

 

693

 

664

 

930

 

1,157

 

814

 

4,912

 

Total Loan Fundings

 

$

43,895

 

$

37,370

 

$

41,799

 

$

38,733

 

$

42,302

 

$

39,141

 

$

42,823

 

$

37,767

 

$

35,262

 

$

43,946

 

$

41,410

 

$

45,577

 

$

46,077

 

$

250,039

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Bank Loan Fundings (2)

 

$

12,491

 

$

13,057

 

$

14,578

 

$

11,998

 

$

17,994

 

$

15,725

 

$

15,744

 

$

15,520

 

$

13,669

 

$

14,533

 

$

16,048

 

$

19,325

 

$

20,699

 

$

99,794

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Fundings in Units (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail Lending

 

92,204

 

82,294

 

88,698

 

78,388

 

83,206

 

75,501

 

78,754

 

70,212

 

67,241

 

80,682

 

78,759

 

85,901

 

83,664

 

466,459

 

Wholesale Lending

 

44,785

 

37,798

 

40,740

 

35,448

 

36,813

 

32,856

 

38,199

 

34,318

 

32,665

 

38,936

 

38,582

 

39,513

 

36,209

 

220,223

 

Correspondent Lending

 

77,911

 

71,023

 

82,777

 

85,213

 

96,120

 

87,847

 

89,483

 

80,195

 

73,413

 

92,391

 

90,113

 

102,422

 

109,615

 

548,149

 

Capital Markets Purchases

 

9,942

 

3,716

 

6,978

 

5,832

 

2,594

 

2,198

 

5,860

 

951

 

1,817

 

2,884

 

738

 

3,336

 

4,651

 

14,377

 

Banking Operations Purchases (1)

 

25,473

 

3,709

 

5,683

 

807

 

11,463

 

1,527

 

183

 

9,395

 

2,670

 

7,552

 

2,723

 

2,110

 

6,638

 

31,088

 

Total Mortgage Loan Fundings

 

250,315

 

198,540

 

224,876

 

205,688

 

230,196

 

199,929

 

212,479

 

195,071

 

177,806

 

222,445

 

210,915

 

233,282

 

240,777

 

1,280,296

 

Commercial Real Estate Lending

 

66

 

40

 

39

 

56

 

97

 

70

 

87

 

60

 

64

 

88

 

89

 

170

 

137

 

608

 

Total Loan Fundings

 

250,381

 

198,580

 

224,915

 

205,744

 

230,293

 

199,999

 

212,566

 

195,131

 

177,870

 

222,533

 

211,004

 

233,452

 

240,914

 

1,280,904

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Bank Loan Fundings (2)

 

100,859

 

78,490

 

88,429

 

74,449

 

111,016

 

87,298

 

87,509

 

91,176

 

78,823

 

87,660

 

94,593

 

111,041

 

121,778

 

585,071

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan Fundings (1)(3):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase

 

$

21,072

 

$

17,484

 

$

19,605

 

$

17,677

 

$

17,403

 

$

15,960

 

$

17,147

 

$

13,268

 

$

12,633

 

$

17,265

 

$

15,866

 

$

18,642

 

$

20,739

 

$

98,413

 

Non-purchase

 

22,359

 

19,459

 

21,921

 

20,410

 

24,493

 

22,318

 

24,583

 

23,845

 

21,936

 

26,017

 

24,614

 

25,778

 

24,524

 

146,714

 

Total Mortgage Loan Fundings

 

$

43,431

 

$

36,943

 

$

41,526

 

$

38,087

 

$

41,896

 

$

38,278

 

$

41,730

 

$

37,113

 

$

34,569

 

$

43,282

 

$

40,480

 

$

44,420

 

$

45,263

 

$

245,127

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan Fundings by Product (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Government Fundings

 

$

1,161

 

$

1,047

 

$

1,161

 

$

1,036

 

$

1,241

 

$

1,176

 

$

1,240

 

$

1,100

 

$

1,033

 

$

1,406

 

$

1,532

 

$

1,937

 

$

2,216

 

$

9,224

 

ARM Fundings

 

$

21,159

 

$

18,125

 

$

19,323

 

$

15,778

 

$

16,259

 

$

14,303

 

$

15,222

 

$

13,748

 

$

12,533

 

$

14,677

 

$

11,424

 

$

10,667

 

$

12,599

 

$

75,648

 

Home Equity Fundings

 

$

5,619

 

$

3,810

 

$

4,275

 

$

3,766

 

$

4,294

 

$

3,219

 

$

3,271

 

$

3,586

 

$

2,977

 

$

3,976

 

$

3,480

 

$

3,382

 

$

3,734

 

$

21,135

 

Nonprime Fundings

 

$

4,107

 

$

3,354

 

$

3,722

 

$

3,058

 

$

3,254

 

$

3,058

 

$

3,739

 

$

2,939

 

$

2,587

 

$

2,355

 

$

1,682

 

$

2,186

 

$

1,853

 

$

13,602

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MORTGAGE LOAN SERVICING (4)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Volume

 

$

1,196,720

 

$

1,210,919

 

$

1,228,518

 

$

1,244,311

 

$

1,263,061

 

$

1,278,101

 

$

1,298,394

 

$

1,316,579

 

$

1,332,485

 

$

1,351,598

 

$

1,370,760

 

$

1,392,756

 

$

1,415,472

 

 

 

Units

 

7,757,724

 

7,813,034

 

7,890,954

 

7,964,033

 

8,043,817

 

8,110,072

 

8,198,873

 

8,277,857

 

8,347,533

 

8,438,625

 

8,522,364

 

8,625,522

 

8,737,534

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subservicing Volume (5)

 

$

21,975

 

$

22,012

 

$

23,179

 

$

20,552

 

$

21,125

 

$

18,692

 

$

18,275

 

$

17,244

 

$

16,455

 

$

16,258

 

$

16,338

 

$

16,144

 

$

16,263

 

 

 

Subservicing Units

 

209,564

 

207,213

 

209,126

 

193,536

 

193,170

 

183,359

 

179,293

 

174,330

 

170,625

 

172,916

 

171,381

 

169,041

 

168,026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepayments in Full

 

$

19,685

 

$

16,934

 

$

19,783

 

$

16,907

 

$

20,142

 

$

19,455

 

$

21,315

 

$

19,126

 

$

17,810

 

$

20,896

 

$

20,088

 

$

21,135

 

$

18,577

 

$

117,632

 

Bulk Servicing Acquisitions

 

$

29

 

$

34

 

$

534

 

$

2,375

 

$

3,913

 

$

2,164

 

$

6,589

 

$

1,103

 

$

6,136

 

$

5,198

 

$

2,962

 

$

2,650

 

$

2,401

 

$

20,450

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Servicing Portfolio Performance - CHL (6)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquency as a percentage of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

unpaid principal balance

 

3.40

%

3.61

%

3.65

%

4.04

%

3.97

%

4.15

%

4.60

%

4.32

%

4.48

%

4.07

%

4.23

%

4.44

%

4.77

%

 

 

number of loans serviced

 

3.92

%

4.11

%

4.15

%

4.50

%

4.43

%

4.57

%

5.02

%

4.71

%

4.71

%

4.29

%

4.45

%

4.71

%

4.98

%

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreclosures Pending as a percentage of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

unpaid principal balance

 

0.45

%

0.46

%

0.48

%

0.51

%

0.58

%

0.62

%

0.70

%

0.77

%

0.80

%

0.83

%

0.85

%

0.90

%

0.96

%

 

 

number of loans serviced

 

0.47

%

0.48

%

0.50

%

0.52

%

0.56

%

0.60

%

0.65

%

0.69

%

0.70

%

0.69

%

0.69

%

0.71

%

0.74

%

 

 

 



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

 

 

Jun-06

 

Jul-06

 

Aug-06

 

Sep-06

 

Oct-06

 

Nov-06

 

Dec-06

 

Jan-07

 

Feb-07

 

Mar-07

 

Apr-07

 

May-07

 

Jun-07

 

YTD

 

LOAN CLOSING SERVICES (units)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Credit Reports

 

893,541

 

818,603

 

920,379

 

788,458

 

837,157

 

744,719

 

675,767

 

897,918

 

823,272

 

1,109,878

 

982,765

 

1,023,073

 

1,026,845

 

5,863,751

 

Flood Determinations

 

316,722

 

196,237

 

302,948

 

273,293

 

290,196

 

292,759

 

260,263

 

310,340

 

247,297

 

305,214

 

274,407

 

342,574

 

293,131

 

1,772,963

 

Appraisals

 

119,292

 

102,950

 

117,367

 

104,930

 

118,105

 

110,071

 

109,116

 

108,450

 

104,652

 

123,070

 

116,062

 

125,420

 

126,686

 

704,340

 

Automated Property Valuation Services

 

488,613

 

444,637

 

939,734

 

699,238

 

539,126

 

902,351

 

447,833

 

539,439

 

1,257,809

 

573,932

 

634,281

 

1,003,475

 

698,273

 

4,707,209

 

Other

 

17,203

 

15,160

 

19,918

 

17,471

 

21,167

 

20,595

 

22,031

 

25,756

 

23,599

 

24,179

 

24,020

 

26,640

 

27,245

 

151,439

 

Total Units

 

1,835,371

 

1,577,587

 

2,300,346

 

1,883,390

 

1,805,751

 

2,070,495

 

1,515,010

 

1,881,903

 

2,456,629

 

2,136,273

 

2,031,535

 

2,521,182

 

2,172,180

 

13,199,702

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CAPITAL MARKETS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities Trading Volume (7)

 

$

320,842

 

$

278,625

 

$

353,106

 

$

301,179

 

$

299,790

 

$

325,784

 

$

361,725

 

$

312,666

 

$

288,731

 

$

396,545

 

$

308,694

 

$

350,850

 

$

450,200

 

$

2,107,686

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BANKING

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Banking Operations Assets (in billions)

 

$

84

 

$

85

 

$

87

 

$

88

 

$

83

 

$

82

 

$

83

 

$

83

 

$

84

 

$

84

 

$

86

 

$

87

 

$

90

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INSURANCE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrier

 

$

83.1

 

$

75.5

 

$

92.1

 

$

76.5

 

$

81.0

 

$

80.0

 

$

85.6

 

$

90.7

 

$

89.1

 

$

91.1

 

$

89.3

 

$

95.7

 

$

102.0

 

$

557.9

 

Reinsurance

 

18.6

 

18.4

 

18.7

 

19.5

 

19.5

 

20.1

 

20.3

 

20.8

 

21.6

 

20.9

 

20.9

 

21.9

 

22.6

 

128.7

 

Total Net Premiums Earned

 

$

101.7

 

$

93.9

 

$

110.8

 

$

96.0

 

$

100.5

 

$

100.1

 

$

105.9

 

$

111.5

 

$

110.7

 

$

112.0

 

$

110.2

 

$

117.6

 

$

124.6

 

$

686.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Workforce Head Count: (8)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Originations

 

32,515

 

32,253

 

32,310

 

32,013

 

32,395

 

31,906

 

31,606

 

31,633

 

31,721

 

31,849

 

32,641

 

32,966

 

33,796

 

 

 

Loan Servicing

 

7,390

 

7,138

 

7,003

 

6,959

 

6,951

 

6,968

 

6,980

 

7,145

 

7,209

 

7,256

 

7,453

 

7,818

 

7,897

 

 

 

Loan Closing Services

 

1,709

 

1,764

 

1,699

 

1,665

 

1,668

 

1,657

 

1,681

 

1,702

 

1,758

 

1,793

 

1,851

 

1,858

 

1,935

 

 

 

Banking

 

2,414

 

2,463

 

2,473

 

2,476

 

2,075

 

2,047

 

1,997

 

1,952

 

1,957

 

1,967

 

2,057

 

2,377

 

2,496

 

 

 

Capital Markets

 

809

 

842

 

838

 

858

 

854

 

878

 

886

 

903

 

928

 

996

 

1,035

 

1,064

 

1,098

 

 

 

Insurance

 

2,113

 

2,124

 

2,141

 

2,135

 

2,095

 

2,052

 

1,980

 

2,040

 

2,068

 

2,106

 

2,143

 

2,211

 

2,219

 

 

 

Global Operations

 

2,034

 

2,028

 

2,126

 

2,291

 

2,550

 

2,652

 

2,784

 

2,817

 

2,834

 

3,052

 

3,477

 

3,646

 

3,770

 

 

 

Corporate Overhead & Other

 

7,427

 

7,447

 

7,319

 

7,167

 

6,846

 

6,802

 

6,741

 

6,793

 

6,836

 

6,904

 

7,025

 

7,071

 

7,216

 

 

 

Total Workforce Head Count

 

56,411

 

56,059

 

55,909

 

55,564

 

55,434

 

54,962

 

54,655

 

54,985

 

55,311

 

55,923

 

57,682

 

59,011

 

60,427

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period-end Rates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10-Year U.S. Treasury Yield

 

5.15

%

4.99

%

4.74

%

4.64

%

4.61

%

4.46

%

4.71

%

4.83

%

4.56

%

4.65

%

4.63

%

4.90

%

5.03

%

 

 

FNMA 30-Year Fixed Rate MBS Coupon

 

6.37

%

6.15

%

5.93

%

5.86

%

5.79

%

5.57

%

5.79

%

5.91

%

5.72

%

5.77

%

5.76

%

6.04

%

6.26

%

 

 

 

(1)  During December 2006, the Company began reporting Banking Operations purchases from third parties.  Prior months have been restated to reflect these purchases.

(2)  These loans are processed for Countrywide Bank by the Company's Mortgage Banking production divisions and Countrywide Commercial Real Estate Finance, Inc., purchased from non-affiliates or originated by Countrywide Bank and are included in "Total Loan Fundings" above. The amounts include loans funded for both investment and for sale and commercial real estate loans processed by Countrywide Bank. The Company will report the amount of such loans subsequently sold on a quarterly basis.

(3)  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.

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

(5)  Subservicing volume for non-Countrywide entities.

(6)  Excluding subserviced loans and portfolios purchased at a discount due to their non-performing status.

(7)  Includes trades with Mortgage Banking Segment.

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

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