News Release

HSBC Mortgage Corporation (USA) Names Top Producers for 2001

28 March 2002

HSBC Mortgage Corporation (USA) is proud to announce that the following individuals have been named "Top Producers" in their respective divisions for 2001.

The Retail Division Top Producers are Kathy L. Neal, Julie Picone-DeGlopper, W. Shawn Manley, Gary Owens, Ted Buonocore, Donna Dingee, Steve Mendelsohn, Amy Bell, John Herman, and David Deutschlander. The producers were responsible for generating over $393 million in Retail Mortgage Sales.

Cristal Johnson has been named the top producer in the Telesales Division with $93 million in sales.

The Wholesale Division account executives responsible for over $8.2 billion in sales are Wendy Soronson, Maggie Liu, Dave Gates, Jeff Needham, Debbie Bassett, Dave Travis, Melissa Speer, Janet Hoda, Christopher Courage, Tony Lam, and Deborah Snooks.