<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> FEB-28-1998 <PERIOD-END> FEB-28-1998 <CASH> 10,707 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 359,683 <DEPRECIATION> 133,353 <TOTAL-ASSETS> 12,219,181 <CURRENT-LIABILITIES> 0 <BONDS> 4,339,770 <COMMON> 5,460 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2,082,483 <TOTAL-LIABILITY-AND-EQUITY> 12,219,181 <SALES> 0 <TOTAL-REVENUES> 1,508,960 <CGS> 0 <TOTAL-COSTS> 943,414 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 565,546 <INCOME-TAX> 220,563 <INCOME-CONTINUING> 344,983 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 344,983 <EPS-PRIMARY> 3.21 <EPS-DILUTED> 3.09 <FN> Includes $424,341 of interest expense related to mortgage loan activities. </FN>