$6.93 Billion June Production At ABN AMRO

Second quarter results
By MortgageDaily.com staff
7/22/2002

Mortgage loan production during the second quarter reached $21.55 billion at ABN AMRO Mortgage Group, Inc., according to an announcement last week from the company. The level of production represents a four percent increase over the second quarter of 2001.

The company, which is an indirect subsidiary of Amsterdam-based ABN AMRO Bank N.V., said production for the month of June was $6.93 billion, down from $7.18 billion in May and $7.43 billion in April. During June of 2001, ABN AMRO's production was about $7.1 billion.

Lending By Unit (billions)

* InterFirst Wholesale Mortgage Lending
* AAMG National Lending Center
* LaSalle Home Mortgage and ABN AMRO Mortgage
* Standard Federal Bank Retail Lending
* AMRO Apartment Lending

$5.87
$0.38
$0.12
$0.42
$0.15

The InterFirst unit was recently named "Affiliate Company of the Year" by the National Association of Mortgage Brokers.

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