Exhibit 99.20
COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES
ROLLING THIRTEEN MONTH STATISTICAL DATA
(DOLLARS IN MILLIONS)
AUG-03 SEP-03 OCT-03 NOV-03 DEC-03 JAN-04 FEB-04
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LOAN PRODUCTION
Number of Working Days in the Period 21 21 23 19 22 20 19
Average Daily Loan Applications $ 1,808 $ 1,858 $ 1,564 $ 1,479 $ 1,339 $ 1,776 $ 1,968
Mortgage Loan Pipeline (loans-in-process) $ 53,576 $ 47,182 $ 42,650 $ 38,841 $ 32,969 $ 38,354 $ 43,760
Loan Fundings:
Consumer Markets Division $ 12,283 $ 9,392 $ 8,198 $ 6,954 $ 7,670 $ 6,211 $ 7,326
Wholesale Lending Division 7,222 5,632 6,235 4,725 4,902 3,844 4,801
Correspondent Lending Division 17,870 13,225 10,908 8,598 9,390 8,240 8,518
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Total Mortgage Banking 37,375 28,249 25,341 20,277 21,962 18,295 20,645
Capital Markets 2,059 3,066 2,314 829 1,489 1,013 1,046
Treasury Bank (1) 1,541 1,802 1,310 1,100 1,698 1,312 1,582
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TOTAL LOAN FUNDINGS $ 40,975 $ 33,117 $ 28,965 $ 22,206 $ 25,149 $ 20,620 $ 23,273
========================================================================================
Loan Fundings in Units:
Consumer Markets Division 92,465 74,566 67,213 57,058 61,031 49,154 54,962
Wholesale Lending Division 42,036 34,660 38,255 28,887 29,638 22,685 27,880
Correspondent Lending Division 104,396 81,376 67,709 52,969 57,079 49,694 50,250
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Total Mortgage Banking 238,897 190,602 173,177 138,914 147,748 121,533 133,092
Capital Markets 6,303 9,718 9,266 4,629 6,357 4,680 3,491
Treasury Bank (1) 18,060 18,352 14,938 13,257 16,861 14,681 16,760
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TOTAL LOAN FUNDINGS IN UNITS 263,260 218,672 197,381 156,800 170,966 140,894 153,343
========================================================================================
Loan Fundings:
Purchase (2) $ 12,571 $ 12,719 $ 12,366 $ 9,852 $ 12,115 $ 9,274 $ 9,226
Non-purchase (2) 28,404 20,398 16,599 12,354 13,034 11,346 14,047
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TOTAL LOAN FUNDINGS $ 40,975 $ 33,117 $ 28,965 $ 22,206 $ 25,149 $ 20,620 $ 23,273
========================================================================================
Government Fundings $ 2,505 $ 2,093 $ 1,774 $ 1,370 $ 1,343 $ 1,161 $ 1,117
ARM Fundings $ 10,011 $ 10,072 $ 10,676 $ 8,487 $ 9,679 $ 9,478 $ 10,293
Home Equity Fundings $ 1,697 $ 1,680 $ 1,752 $ 1,620 $ 1,805 $ 1,564 $ 1,637
Subprime Fundings $ 1,654 $ 2,158 $ 2,424 $ 2,029 $ 2,257 $ 2,009 $ 2,124
LOAN SERVICING (3)
Volume $ 591,905 $ 606,095 $ 621,000 $ 631,470 $ 644,855 $ 657,541 $ 669,076
Units 4,760,141 4,834,943 4,923,935 5,001,743 5,080,621 5,162,726 5,234,634
Subservicing Volume (4) $ 11,483 $ 11,446 $ 11,921 $ 13,671 $ 14,404 $ 15,871 $ 15,548
Subservicing Units 142,527 128,326 139,983 157,785 159,357 166,923 163,190
Prepayments in Full $ 25,236 $ 17,463 $ 14,315 $ 11,403 $ 11,845 $ 9,387 $ 13,090
Bulk Servicing Acquisitions $ 341 $ 581 $ 1,845 $ 144 $ 1,054 $ 3,706 $ 3,123
Portfolio Delinquency - CHL (5) 3.77% 3.81% 3.54% 3.90% 3.91% 3.71% 3.71%
Foreclosures Pending - CHL (5) 0.46% 0.45% 0.50% 0.43% 0.43% 0.43% 0.44%
MAR-04 APR-04 MAY-04 JUN-04 JUL-04 AUG-04 YTD
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LOAN PRODUCTION
Number of Working Days in the Period 23 22 20 22 21 22 169
Average Daily Loan Applications $ 2,455 $ 2,041 $ 1,945 $ 1,905 $ 2,006 $ 2,051 $ 2,026
Mortgage Loan Pipeline (loans-in-process) $ 57,422 $ 54,836 $ 49,675 $ 47,317 $ 48,142 $ 50,024
Loan Fundings:
Consumer Markets Division $ 9,522 $ 11,115 $ 9,815 $ 9,804 $ 8,841 $ 9,288 $ 71,922
Wholesale Lending Division 6,993 7,727 6,208 5,913 5,376 6,102 46,964
Correspondent Lending Division 12,029 14,362 11,986 11,560 10,405 11,152 88,252
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Total Mortgage Banking 28,544 33,204 28,009 27,277 24,622 26,542 207,138
Capital Markets 1,265 494 1,875 2,230 2,396 1,592 11,911
Treasury Bank (1) 2,502 2,147 1,931 2,496 2,686 2,988 17,644
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TOTAL LOAN FUNDINGS $ 32,311 $ 35,845 $ 31,815 $ 32,003 $ 29,704 $ 31,122 $ 236,693
=========================================================================== ==========
Loan Fundings in Units:
Consumer Markets Division 68,664 75,880 68,759 69,912 63,813 67,019 518,163
Wholesale Lending Division 39,820 42,114 34,247 33,270 30,710 34,422 265,148
Correspondent Lending Division 67,815 77,570 65,425 65,668 60,992 64,659 502,073
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Total Mortgage Banking 176,299 195,564 168,431 168,850 155,515 166,100 1,285,384
Capital Markets 5,114 1,463 6,740 8,486 9,949 6,948 46,871
Treasury Bank (1) 23,351 21,909 21,779 26,627 26,236 28,829 180,172
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TOTAL LOAN FUNDINGS IN UNITS 204,764 218,936 196,950 203,963 191,700 201,877 1,512,427
=========================================================================== ==========
Loan Fundings:
Purchase (2) $ 13,127 $ 13,883 $ 14,575 $ 17,491 $ 17,541 $ 17,797 $ 112,914
Non-purchase (2) 19,184 21,962 17,240 14,512 12,163 13,325 123,779
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TOTAL LOAN FUNDINGS $ 32,311 $ 35,845 $ 31,815 $ 32,003 $ 29,704 $ 31,122 $ 236,693
=========================================================================== ==========
Government Fundings $ 1,530 $ 1,491 $ 1,235 $ 1,119 $ 1,039 $ 961 $ 9,653
ARM Fundings $ 13,872 $ 15,739 $ 15,745 $ 17,259 $ 17,021 $ 18,278 $ 117,685
Home Equity Fundings $ 2,088 $ 2,242 $ 2,272 $ 2,787 $ 2,838 $ 3,056 $ 18,484
Subprime Fundings $ 2,759 $ 2,765 $ 3,044 $ 3,745 $ 3,785 $ 4,275 $ 24,506
LOAN SERVICING (3)
Volume $ 682,848 $ 693,768 $ 706,943 $ 726,227 $ 746,905 $ 765,342
Units 5,313,058 5,372,526 5,443,555 5,547,050 5,668,620 5,773,837
Subservicing Volume (4) $ 15,307 $ 15,028 $ 15,289 $ 16,027 $ 16,843 $ 16,312
Subservicing Units 166,514 163,842 163,931 163,396 172,602 169,665
Prepayments in Full $ 18,317 $ 23,557 $ 17,593 $ 14,945 $ 12,430 $ 13,232 $ 122,551
Bulk Servicing Acquisitions $ 2,349 $ 1,122 $ 1,563 $ 1,634 $ 4,187 $ 4,626 $ 22,310
Portfolio Delinquency - CHL (5) 3.20% 3.19% 3.49% 3.48% 3.51% 3.57%
Foreclosures Pending - CHL (5) 0.42% 0.38% 0.36% 0.37% 0.37% 0.35%
(more)
COUNTRYWIDE FINANCIAL CORPORATION AND SUBSIDIARIES
ROLLING THIRTEEN MONTH STATISTICAL DATA
(DOLLARS IN MILLIONS)
AUG-03 SEP-03 OCT-03 NOV-03 DEC-03 JAN-04 FEB-04
----------- ----------- ----------- ----------- ---------- ----------- -----------
LOAN CLOSING SERVICES (UNITS)
Credit Reports 492,787 499,431 518,308 420,843 405,336 533,055 547,704
Flood Determinations 234,552 222,890 217,134 173,044 172,325 188,682 195,380
Appraisals 60,025 51,507 53,783 44,475 47,004 44,146 51,425
Automated Property Valuation Services 349,978 358,983 399,559 314,886 319,220 333,803 356,077
Other 12,566 11,769 11,457 9,741 12,096 14,750 14,218
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TOTAL UNITS 1,149,908 1,144,580 1,200,241 962,989 955,981 1,114,436 1,164,804
==========================================================================================
CAPITAL MARKETS
Securities Trading Volume (6) $ 255,513 $ 240,154 $ 208,429 $ 196,586 $ 179,390 $ 192,618 $ 221,082
BANKING
Assets Held by Treasury Bank
(in billions) $ 15.1 $ 16.4 $ 17.1 $ 17.7 $ 19.4 $ 20.3 $ 21.8
INSURANCE
Net Premiums Earned:
Carrier $ 55 $ 51 $ 59 $ 54 $ 51 $ 56 $ 52
Reinsurance 11 10 11 13 13 12 13
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TOTAL NET PREMIUMS EARNED $ 66 $ 61 $ 70 $ 67 $ 64 $ 68 $ 65
==========================================================================================
GLOBAL OPERATIONS
Global Home Loans Subservicing
Volume (in billions) $ 93 $ 98 $ 100 $ 103 $ 106 $ 109 $ 112
WORKFORCE HEAD COUNT: (7)
Loan Originations 20,447 19,251 18,968 18,812 18,897 18,989 19,364
Loan Servicing 6,002 6,111 6,087 6,098 6,069 6,017 5,870
Loan Closing Services 1,065 956 955 952 931 941 952
Insurance 1,851 1,904 1,882 1,856 1,823 1,781 1,768
Capital Markets 440 452 470 476 477 484 491
Global Operations 1,897 1,962 1,965 1,997 1,981 1,899 1,948
Banking 808 804 787 810 813 803 823
Corporate Overhead & Other 3,238 3,309 3,282 3,282 3,307 3,347 3,366
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TOTAL WORKFORCE HEAD COUNT 35,748 34,749 34,396 34,283 34,298 34,261 34,582
==========================================================================================
PERIOD-END RATES
10-Year U.S. Treasury Yield 4.458% 3.939% 4.301% 4.322% 4.261% 4.138% 3.984%
FNMA 30-Year Fixed Rate MBS Coupon 5.670% 5.012% 5.335% 5.410% 5.276% 5.192% 5.001%
MAR-04 APR-04 MAY-04 JUN-04 JUL-04 AUG-04 YTD
----------- ----------- ----------- ----------- ----------- ----------- -----------
LOAN CLOSING SERVICES (UNITS)
Credit Reports 738,113 626,142 574,524 631,763 630,223 677,931 4,959,455
Flood Determinations 277,958 246,580 214,494 239,522 243,241 265,888 1,871,745
Appraisals 69,074 65,975 58,912 59,839 62,732 74,314 486,417
Automated Property Valuation Services 439,015 473,601 456,663 480,364 467,030 480,329 3,486,882
Other 16,379 16,058 13,583 15,332 13,252 13,324 116,896
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TOTAL UNITS 1,540,539 1,428,356 1,318,176 1,426,820 1,416,478 1,511,786 10,921,395
============================================================================ ============
CAPITAL MARKETS
Securities Trading Volume (6) $ 276,738 $ 274,862 $ 292,116 $ 314,599 $ 266,645 $ 240,678 $ 2,079,338
BANKING
Assets Held by Treasury Bank
(in billions) $ 23.7 $ 24.9 $ 25.6 $ 27.2 $ 28.6 $ 30.9
INSURANCE
Net Premiums Earned:
Carrier $ 50 $ 50 $ 48 $ 51 $ 54 $ 51 $ 412
Reinsurance 12 13 13 13 13 13 102
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TOTAL NET PREMIUMS EARNED $ 62 $ 63 $ 61 $ 64 $ 67 $ 64 $ 514
============================================================================ ============
GLOBAL OPERATIONS
Global Home Loans Subservicing
Volume (in billions) $ 111 $ 108 $ 111 $ 110 $ 110 $ 109
WORKFORCE HEAD COUNT: (7)
Loan Originations 20,529 21,696 22,400 23,035 23,114 23,680
Loan Servicing 5,802 5,828 5,864 5,908 5,910 5,920
Loan Closing Services 926 938 993 1,019 1,049 1,072
Insurance 1,762 1,809 1,822 1,826 1,854 1,845
Capital Markets 494 513 517 529 540 554
Global Operations 1,993 1,961 1,965 1,955 1,929 1,942
Banking 849 888 956 1,003 1,015 1,083
Corporate Overhead & Other 3,389 3,441 3,529 3,660 3,814 3,889
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TOTAL WORKFORCE HEAD COUNT 35,744 37,074 38,046 38,935 39,225 39,985
============================================================================
PERIOD-END RATES
10-Year U.S. Treasury Yield 3.840% 4.499% 4.655% 4.610% 4.477% 4.130%
FNMA 30-Year Fixed Rate MBS Coupon 4.937% 5.592% 5.752% 5.589% 5.484% 5.162%
(1) Treasury Bank funds loans for investment purposes; these loans are
processed for Treasury Bank by the production divisions.
(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.
(4) Subservicing volume for other clients.
(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 Division.
(7) Workforce Head Count includes full-time employees, contract, and temporary
help.
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