EXHIBIT 99.1


                    [LOGO COMMERCIAL CAPITAL BANCORP, INC.]


                              FOR IMMEDIATE RELEASE

Contact: Stephen H. Gordon   Chairman & CEO          Telephone: (949) 585-7500
         David S. DePillo    President & COO         Facsimile: (949) 585-0174



                   COMMERCIAL CAPITAL BANCORP, INC. ANNOUNCES
                      REALIGNMENT OF ITS LENDING OPERATIONS

                        - Anticipates Increased Growth -

IRVINE, CA - April 3, 2003- Commercial Capital Bancorp, Inc. ("CCBI" or the
"Company"), (NASDAQ: "CCBI"), announced today that, effective April 1, 2003, it
has realigned its lending operations by moving the origination, underwriting and
processing functions, as well as the related personnel, from Financial
Institutional Partners Mortgage Corporation ("FIPMC"), the Company's
multi-family and commercial mortgage banking subsidiary, to Commercial Capital
Bank (the "Bank"), the Company's bank subsidiary.

The realignment, which results in the Bank becoming the originator of most of
the Company's loans, will immediately enable the Bank to hold a significantly
increased percentage of the Company's loan originations, while further
streamlining the lending process. Prior to the realignment, FIPMC was the
originator of all of the Company's multi-family and commercial real estate loans
and, because of affiliate transaction rules governing purchases of loans from
non-bank affiliates, the Bank was limited to purchasing less than 50% of FIPMC's
loan originations. The original structure also required redundant processes and
operations that are now eliminated. FIPMC will continue to actively maintain and
utilize its independent, third-party provided, warehouse line of credit to fund
and sell those loans which the Bank elects to assign to FIPMC for reasons which
may include the Bank's loans to one borrower limits, capital constraints,
geographic concentrations or for other reasons as determined by management.

Stephen H. Gordon, Chairman and Chief Executive Officer, stated, "We're very
excited that the Company has matured to a point where we can implement such a
significant strategy. The way the lending process was structured, we always had
to sell over 50% of FIPMC's loan originations, which resulted in noninterest
income comprised of `one-time' cash gains plus other mortgage banking income.
Our business strategy has generated growth in recurring interest income as the
Bank grew its loan portfolio by purchasing loans from FIPMC, as well as
near-term earnings from noninterest income generated on loans originated and
sold by FIPMC to third parties. But every time FIPMC sells a loan, the buyer
gets the valuable, ongoing interest income from that point forward." Mr. Gordon
added, "The Company will still generate noninterest income on those loans
assigned to FIPMC and sold, but we anticipate that net interest income should
significantly increase, as this operational realignment enables the Company to
retain a greater percentage of its loan originations in its portfolio."

David S. DePillo, Vice Chairman, President and Chief Operating Officer,
commented, "We're very pleased with the overall quality and performance of the
loans we originate. The Company originates high quality loans that have resulted
in no delinquent or non-performing multi-family or commercial real estate
assets to date. We look forward to the Company's anticipated growth and greater
operational efficiency, which we believe will continue to enhance shareholder
value."

CCBI, headquartered in Irvine, CA, is a multifaceted financial services company
which provides financial services to meet the needs of its client base of
income-property real estate investors, middle market commercial businesses, and
high net-worth individuals, families and professionals. At December 31, 2002,
CCBI had total assets of $849.5 million, and its subsidiary, Commercial Capital
Bank was the fastest growing banking organization in Orange County, based on
percentage growth in total assets on a quarterly basis over the 24 months ended
December 31, 2002 (source: www.fdic.gov). The Bank has three full service
banking offices located at the Company's headquarters in Irvine, Rancho Santa
Margarita, and in Riverside, CA, and has loan origination offices in Sacramento,
Corte Madera (Marin County), Oakland, Burlingame, Woodland Hills, Los Angeles,
Irvine, and San Diego, CA. The Company was the 4th largest multi-family lender
in California during the 12 months ended December 31, 2002 and has originated
approximately $2.0 billion in multi-family and commercial real estate loans
through December 31, 2002. ComCap Financial Services, Inc., the Company's NASD



registered broker dealer, provides fixed income and mortgage-backed securities
advisory and brokerage services to corporations, high net worth individuals and
other financial institutions.

This release may include forward-looking statements (related to each company's
plans, beliefs and goals), which involve certain risks, and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements. Such risks and uncertainties include, but are not
limited to, the following factors: competitive pressure in the banking industry;
changes in the interest rate environment; the health of the economy, either
nationally or regionally; the deterioration of credit quality, which would cause
an increase in the provision for possible loan and lease losses; changes in the
regulatory environment; changes in business conditions, particularly in
California real estate; volatility of rate sensitive deposits; asset/liability
matching risks and liquidity risks; and changes in the securities markets. CCBI
undertakes no obligation to revise or publicly release any revision to these
forward-looking statements.