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Residential Interest-only Lenders in Q4 2004

(Dollars in Millions)

(part 1 of 2)

Rk Organization Name Location

1 Wells Fargo Home Mortgage San Francisco, CA

2 Aurora Loan Services, Inc. Aurora, CO

3 GreenPoint Mortgage Funding Novato, CA

4 HSBC Mortgage Corp. USA Depew, NY

5 Impac Funding Corporation Newport Beach, CA

6 First Franklin Financial (BC) San Jose, CA

7 New Century Financial Corp. (BC) Irvine, CA

8 American Home Mtg. Investment Melville, NY

9 Homecomings Minneapolis, MN

10 AmSouth Mortgage Birmingham, AL

11 First Horizon Home Loans Irving, TX

12 Chase Home Finance Edison, NJ

13 GMAC Residential Holdings Horsham, PA

14 SunTrust Mortgage, Inc. Richmond, VA

15 WMC Mortgage Corp. (BC) Woodland Hills, CA

16 First Magnus Financial Corp. Tucson, AZ

17 Credit Suisse First Boston New York, NY

18 Thornburg Mortgage, Inc. Sante Fe, NM

19 Fieldstone Mortgage Company Columbia, MD

20 Option One Mortgage Corp. (BC) Irvine, CA

21 Union Bank of California San Diego, CA

22 Finance America Corporation (BC) Irvine, CA

23 Wachovia Charlotte, NC

24 Astoria FS & LA Lake Success, NY

25 HomeBanc Mortgage Corporation Atlanta, GA

(part 2 of 2)

I/Os Funded I/Os Funded %

Rk in Q4 2004 in Q4 2003 Change

1 $9,530 na na

2 $8,347 $3,582 133%

3 $7,410 $4,523 64%

4 $5,793 na na

5 $4,550 $1,117 307%

6 $3,478 $2,375 46%

7 $2,400 $200 1100%

8 $2,343 na na

9 $2,341 $135 1634%

10 $2,314 $1,601 45%

11 $2,165 $470 361%

12 $1,933 $365 430%

13 $1,884 $210 797%

14 $1,734 na na

15 $1,713 $171 902%

16 $1,148 na na

17 $1,065 $519 105%

18 $1,031 $1,196 -14%

19 $948 $751 26%

20 $939 na na

21 $782 $410 90%

22 $742 $34 2082%

23 $719 na na

24 $679 $388 75%

25 $658 $104 533%

Top 25 Totals:

$66,645 $18,151 267%

Totals Submitted:

$75,526 $20,508 268%

Notes: Results may be incomplete because some lenders would not provide interest-only volumes. (BC) Firm mostly engaged in subprime lending. Source: MSN/Quarterly Data Report. Questions? Email: Paul.MuoloSourceMedia.com.

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