EX-99.2 3 a06-15760_3ex99d2.htm EX-99

Exhibit 99.2

 

COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES

ROLLING THIRTEEN MONTH STATISTICAL DATA

(Dollars in millions)

 

 

Jul-05

 

Aug-05

 

Sep-05

 

Oct-05

 

Nov-05

 

Dec-05

 

LOAN PRODUCTION

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Working Days in the Period

 

20

 

23

 

21

 

21

 

21

 

21

 

Average Daily Mortgage Loan Applications

 

$

2,973

 

$

3,168

 

$

3,043

 

$

2,806

 

$

2,667

 

$

2,467

 

Mortgage Loan Pipeline (loans-in-process)

 

$

77,007

 

$

78,062

 

$

76,821

 

$

70,644

 

$

68,773

 

$

59,651

 

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

 

$

521

 

$

458

 

$

558

 

$

339

 

$

441

 

$

297

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Fundings:

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Markets Division

 

$

14,230

 

$

16,133

 

$

14,516

 

$

14,534

 

$

13,656

 

$

12,735

 

Wholesale Lending Division

 

9,448

 

10,855

 

9,360

 

8,206

 

8,171

 

8,607

 

Correspondent Lending Division

 

19,772

 

23,744

 

22,869

 

21,099

 

19,227

 

18,266

 

Capital Markets

 

659

 

2,335

 

2,089

 

2,933

 

1,190

 

4,506

 

Total Mortgage Loan Fundings

 

44,109

 

53,067

 

48,834

 

46,772

 

42,244

 

44,114

 

Commercial Real Estate Fundings

 

293

 

397

 

423

 

507

 

647

 

362

 

Total Loan Fundings

 

$

44,402

 

$

53,464

 

$

49,257

 

$

47,279

 

$

42,891

 

$

44,476

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Countrywide Bank Mortgage Loan Fundings (1)

 

$

5,539

 

$

5,309

 

$

3,899

 

$

2,936

 

$

3,335

 

$

4,480

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Fundings in Units:

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Markets Division

 

89,262

 

102,357

 

91,494

 

91,233

 

86,972

 

81,628

 

Wholesale Lending Division

 

45,702

 

51,526

 

44,704

 

40,184

 

39,158

 

41,380

 

Correspondent Lending Division

 

99,353

 

117,470

 

111,418

 

101,453

 

93,705

 

91,459

 

Capital Markets

 

2,446

 

8,148

 

8,157

 

10,932

 

4,588

 

17,250

 

Total Mortgage Loan Fundings in Units

 

236,763

 

279,501

 

255,773

 

243,802

 

224,423

 

231,717

 

Commercial Real Estate

 

22

 

30

 

25

 

29

 

35

 

28

 

Total Loan Fundings in Units

 

236,785

 

279,531

 

255,798

 

243,831

 

224,458

 

231,745

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Countrywide Bank Mortgage Loan Units (1)

 

43,732

 

44,162

 

36,225

 

30,026

 

30,038

 

35,116

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan Fundings: (2)

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase

 

$

20,982

 

$

25,079

 

$

22,971

 

$

20,693

 

$

19,409

 

$

21,086

 

Non-purchase

 

23,127

 

27,988

 

25,863

 

26,079

 

22,835

 

23,028

 

Total Mortgage Loan Fundings

 

$

44,109

 

$

53,067

 

$

48,834

 

$

46,772

 

$

42,244

 

$

44,114

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan Fundings by Product:

 

 

 

 

 

 

 

 

 

 

 

 

 

Government Fundings

 

$

995

 

$

1,114

 

$

1,032

 

$

958

 

$

886

 

$

890

 

ARM Fundings

 

$

23,275

 

$

27,267

 

$

24,011

 

$

23,146

 

$

21,052

 

$

22,356

 

Home Equity Fundings

 

$

3,641

 

$

4,122

 

$

3,818

 

$

3,569

 

$

3,714

 

$

4,020

 

Nonprime Fundings

 

$

3,661

 

$

4,504

 

$

4,036

 

$

3,876

 

$

3,899

 

$

4,405

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MORTGAGE LOAN SERVICING (3)

 

 

 

 

 

 

 

 

 

 

 

 

 

Volume

 

$

990,624

 

$

1,020,416

 

$

1,047,623

 

$

1,070,077

 

$

1,092,104

 

$

1,111,090

 

Units

 

6,957,389

 

7,089,887

 

7,203,562

 

7,294,228

 

7,379,806

 

7,431,949

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subservicing Volume(4)

 

$

28,783

 

$

28,868

 

$

27,556

 

$

30,641

 

$

32,265

 

$

29,901

 

Subservicing Units

 

261,325

 

259,688

 

256,935

 

267,847

 

268,954

 

261,078

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepayments in Full

 

$

21,860

 

$

25,111

 

$

21,443

 

$

20,625

 

$

19,125

 

$

17,810

 

Bulk Servicing Acquisitions

 

$

6,279

 

$

3,393

 

$

59

 

$

5,462

 

$

997

 

$

1,686

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Portfolio Delinquency - CHL (5)

 

3.86

%

3.68

%

4.03

%

4.32

%

4.58

%

4.61

%

Foreclosures Pending - CHL (5)

 

0.40

%

0.42

%

0.42

%

0.41

%

0.43

%

0.44

%

 

 

 

Jan-06

 

Feb-06

 

Mar-06

 

Apr-06

 

May-06

 

Jun-06

 

Jul-06

 

YTD

 

LOAN PRODUCTION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Working Days in the Period

 

20

 

19

 

23

 

20

 

22

 

22

 

20

 

146

 

Average Daily Mortgage Loan Applications

 

$

2,408

 

$

2,505

 

$

2,687

 

$

2,562

 

$

2,667

 

$

2,731

 

$

2,539

 

$

2,591

 

Mortgage Loan Pipeline (loans-in-process)

 

$

57,351

 

$

59,336

 

$

64,167

 

$

63,739

 

$

65,577

 

$

64,979

 

$

62,230

 

 

 

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

 

$

308

 

$

258

 

$

203

 

$

295

 

$

204

 

$

305

 

$

203

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Fundings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Markets Division

 

$

10,304

 

$

10,809

 

$

13,513

 

$

12,413

 

$

14,170

 

$

14,708

 

$

12,978

 

$

88,895

 

Wholesale Lending Division

 

7,141

 

7,159

 

9,349

 

8,419

 

9,083

 

9,283

 

7,786

 

58,220

 

Correspondent Lending Division

 

14,233

 

11,223

 

15,680

 

13,263

 

13,325

 

15,332

 

14,023

 

97,079

 

Capital Markets

 

955

 

1,746

 

1,306

 

1,943

 

1,996

 

2,674

 

944

 

11,564

 

Total Mortgage Loan Fundings

 

32,633

 

30,937

 

39,848

 

36,038

 

38,574

 

41,997

 

35,731

 

255,758

 

Commercial Real Estate Fundings

 

235

 

268

 

463

 

252

 

281

 

464

 

427

 

2,390

 

Total Loan Fundings

 

$

32,868

 

$

31,205

 

$

40,311

 

$

36,290

 

$

38,855

 

$

42,461

 

$

36,158

 

$

258,148

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Countrywide Bank Mortgage Loan Fundings (1)

 

$

4,183

 

$

3,825

 

$

4,551

 

$

4,996

 

$

8,050

 

$

11,057

 

$

11,845

 

$

48,507

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Fundings in Units:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consumer Markets Division

 

69,073

 

72,924

 

88,971

 

81,216

 

90,906

 

92,204

 

82,294

 

577,588

 

Wholesale Lending Division

 

34,735

 

34,947

 

45,660

 

40,501

 

43,783

 

44,785

 

37,798

 

282,209

 

Correspondent Lending Division

 

71,049

 

55,858

 

76,598

 

65,684

 

66,904

 

77,911

 

71,023

 

485,027

 

Capital Markets

 

3,777

 

6,737

 

4,871

 

7,749

 

7,509

 

9,942

 

3,716

 

44,301

 

Total Mortgage Loan Fundings in Units

 

178,634

 

170,466

 

216,100

 

195,150

 

209,102

 

224,842

 

194,831

 

1,389,125

 

Commercial Real Estate

 

26

 

24

 

38

 

32

 

45

 

66

 

40

 

271

 

Total Loan Fundings in Units

 

178,660

 

170,490

 

216,138

 

195,182

 

209,147

 

224,908

 

194,871

 

1,389,396

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Countrywide Bank Mortgage Loan Units (1)

 

31,622

 

30,707

 

37,008

 

37,913

 

57,918

 

75,386

 

74,781

 

345,335

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan Fundings: (2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase

 

$

14,410

 

$

13,527

 

$

18,412

 

$

16,462

 

$

18,251

 

$

20,710

 

$

17,228

 

$

119,000

 

Non-purchase

 

18,223

 

17,410

 

21,436

 

19,576

 

20,323

 

21,287

 

18,503

 

136,758

 

Total Mortgage Loan Fundings

 

$

32,633

 

$

30,937

 

$

39,848

 

$

36,038

 

$

38,574

 

$

41,997

 

$

35,731

 

$

255,758

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan Fundings by Product:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Government Fundings

 

$

856

 

$

816

 

$

1,206

 

$

1,045

 

$

1,108

 

$

1,161

 

$

1,047

 

$

7,239

 

ARM Fundings

 

$

16,835

 

$

15,682

 

$

19,098

 

$

17,312

 

$

19,508

 

$

19,936

 

$

16,936

 

$

125,307

 

Home Equity Fundings

 

$

3,476

 

$

3,411

 

$

4,176

 

$

3,918

 

$

4,226

 

$

4,317

 

$

3,798

 

$

27,322

 

Nonprime Fundings

 

$

3,042

 

$

2,845

 

$

3,318

 

$

3,292

 

$

3,807

 

$

4,107

 

$

3,354

 

$

23,765

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MORTGAGE LOAN SERVICING (3)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Volume

 

$

1,126,610

 

$

1,137,344

 

$

1,152,651

 

$

1,164,010

 

$

1,179,179

 

$

1,196,720

 

$

1,210,919

 

 

 

Units

 

7,500,434

 

7,542,493

 

7,604,711

 

7,637,270

 

7,686,777

 

7,757,724

 

7,813,034

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subservicing Volume (4)

 

$

29,141

 

$

28,776

 

$

26,172

 

$

22,541

 

$

22,243

 

$

21,975

 

$

22,012

 

 

 

Subservicing Units

 

247,185

 

250,832

 

238,767

 

216,296

 

212,483

 

209,564

 

207,213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepayments in Full

 

$

13,548

 

$

14,463

 

$

18,992

 

$

16,540

 

$

19,037

 

$

19,685

 

$

16,934

 

$

119,199

 

Bulk Servicing Acquisitions

 

$

40

 

$

37

 

$

24

 

$

16

 

$

26

 

$

29

 

$

34

 

$

206

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Portfolio Delinquency - CHL (5)

 

4.42

%

4.29

%

3.68

%

4.06

%

3.91

%

3.92

%

4.11

%

 

 

Foreclosures Pending - CHL (5)

 

0.46

%

0.47

%

0.47

%

0.46

%

0.47

%

0.47

%

0.48

%

 

 

 



 

 

 

Jul-05

 

Aug-05

 

Sep-05

 

Oct-05

 

Nov-05

 

Dec-05

 

LOAN CLOSING SERVICES (units)

 

 

 

 

 

 

 

 

 

 

 

 

 

Credit Reports

 

856,161

 

914,659

 

822,119

 

800,675

 

764,650

 

657,448

 

Flood Determinations

 

290,446

 

318,626

 

320,502

 

314,302

 

301,893

 

294,120

 

Appraisals

 

106,283

 

123,082

 

110,006

 

111,172

 

105,296

 

96,598

 

Automated Property Valuation Services

 

726,083

 

750,312

 

710,337

 

706,351

 

618,304

 

457,504

 

Other

 

13,311

 

16,786

 

15,249

 

14,424

 

15,626

 

15,261

 

Total Units

 

1,992,284

 

2,123,465

 

1,978,213

 

1,946,924

 

1,805,769

 

1,520,931

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CAPITAL MARKETS

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities Trading Volume (6)

 

$

295,824

 

$

345,998

 

$

329,551

 

$

270,724

 

$

307,234

 

$

286,037

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BANKING

 

 

 

 

 

 

 

 

 

 

 

 

 

Banking Operations Assets (in billions)

 

$

70

 

$

72

 

$

71

 

$

72

 

$

72

 

$

73

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INSURANCE

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrier

 

$

67.1

 

$

53.7

 

$

74.6

 

$

70.8

 

$

72.9

 

$

105.6

 

Reinsurance

 

14.4

 

14.8

 

15.5

 

15.7

 

17.0

 

16.5

 

Total Net Premiums Earned

 

$

81.5

 

$

68.5

 

$

90.1

 

$

86.5

 

$

89.9

 

$

122.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Workforce Head Count: (7) (8)

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Originations

 

28,330

 

29,793

 

30,242

 

30,657

 

30,781

 

30,619

 

Loan Servicing

 

6,729

 

7,008

 

7,122

 

7,247

 

7,372

 

7,460

 

Loan Closing Services

 

1,464

 

1,528

 

1,571

 

1,619

 

1,648

 

1,648

 

Banking

 

1,798

 

1,896

 

2,039

 

2,092

 

2,101

 

2,078

 

Capital Markets

 

638

 

640

 

653

 

661

 

673

 

683

 

Insurance

 

2,068

 

2,074

 

2,053

 

2,043

 

2,096

 

2,100

 

Global Operations

 

2,557

 

2,703

 

2,865

 

2,902

 

3,050

 

3,251

 

Corporate Overhead & Other

 

5,840

 

5,959

 

6,138

 

6,346

 

6,501

 

6,617

 

Total Workforce Head Count

 

49,424

 

51,601

 

52,683

 

53,567

 

54,222

 

54,456

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period-end Rates

 

 

 

 

 

 

 

 

 

 

 

 

 

10-Year U.S. Treasury Yield

 

4.28

%

4.02

%

4.34

%

4.57

%

4.49

%

4.39

%

FNMA 30-Year Fixed Rate MBS Coupon

 

5.36

%

5.15

%

5.51

%

5.80

%

5.85

%

5.75

%

 

 

 

Jan-06

 

Feb-06

 

Mar-06

 

Apr-06

 

May-06

 

Jun-06

 

Jul-06

 

YTD

 

LOAN CLOSING SERVICES (units)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Credit Reports

 

821,967

 

788,038

 

952,880

 

820,238

 

906,653

 

893,541

 

818,603

 

6,001,920

 

Flood Determinations

 

275,546

 

253,647

 

325,135

 

276,384

 

313,710

 

316,722

 

196,237

 

1,957,381

 

Appraisals

 

86,503

 

80,234

 

112,836

 

99,621

 

116,380

 

119,292

 

102,950

 

717,816

 

Automated Property Valuation Services

 

967,896

 

497,300

 

590,348

 

1,048,619

 

527,849

 

488,613

 

444,637

 

4,565,262

 

Other

 

15,866

 

15,718

 

18,194

 

12,634

 

18,536

 

17,203

 

15,160

 

113,311

 

Total Units

 

2,167,778

 

1,634,937

 

1,999,393

 

2,257,496

 

1,883,128

 

1,835,371

 

1,577,587

 

13,355,690

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CAPITAL MARKETS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities Trading Volume (6)

 

$

314,858

 

$

292,307

 

$

371,190

 

$

281,690

 

$

331,804

 

$

320,842

 

$

278,625

 

$

2,191,316

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BANKING

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Banking Operations Assets (in billions)

 

$

75

 

$

75

 

$

78

 

$

79

 

$

80

 

$

84

 

$

85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INSURANCE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrier

 

$

79.4

 

$

73.2

 

$

75.4

 

$

73.1

 

$

72.9

 

$

83.1

 

$

75.5

 

$

532.6

 

Reinsurance

 

17.0

 

17.4

 

17.4

 

18.7

 

17.9

 

18.6

 

18.4

 

125.4

 

Total Net Premiums Earned

 

$

96.4

 

$

90.6

 

$

92.8

 

$

91.8

 

$

90.8

 

$

101.7

 

$

93.9

 

$

658.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Workforce Head Count: (7) (8)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Originations

 

30,721

 

30,826

 

31,211

 

31,789

 

32,360

 

32,515

 

32,253

 

 

 

Loan Servicing

 

7,590

 

7,687

 

7,816

 

7,771

 

7,683

 

7,390

 

7,138

 

 

 

Loan Closing Services

 

1,615

 

1,585

 

1,589

 

1,582

 

1,618

 

1,709

 

1,764

 

 

 

Banking

 

2,156

 

2,230

 

2,273

 

2,342

 

2,366

 

2,414

 

2,463

 

 

 

Capital Markets

 

699

 

712

 

726

 

738

 

779

 

809

 

842

 

 

 

Insurance

 

2,139

 

2,147

 

2,146

 

2,089

 

2,105

 

2,113

 

2,124

 

 

 

Global Operations

 

3,369

 

1,875

 

1,989

 

2,022

 

2,066

 

2,034

 

1,998

 

 

 

Corporate Overhead & Other

 

6,779

 

6,897

 

7,002

 

7,156

 

7,286

 

7,427

 

7,447

 

 

 

Total Workforce Head Count

 

55,068

 

53,959

 

54,752

 

55,489

 

56,263

 

56,411

 

56,029

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period-end Rates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10-Year U.S. Treasury Yield

 

4.53

%

4.55

%

4.86

%

5.07

%

5.12

%

5.15

%

4.99

%

 

 

FNMA 30-Year Fixed Rate MBS Coupon

 

5.76

%

5.73

%

6.01

%

6.10

%

6.31

%

6.37

%

6.15

%

 

 

 

(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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