News Release

Originations Officers Receive Honors From Mortgage Originator Magazine

Four place nationally in the Top 200

5 April 2002

HSBC Mortgage Corporation (USA) is proud to announce that Gary Owens, Todd George, and Julie Picone-DeGlopper have been recognized by Mortgage Originator Magazine as ranking nationally among the top 200 mortgage originators of 2001. Daniel Lado, of HSBC Bank USA's Private Clients Group, was also included.

The criteria for inclusion on the list was $78.7 million in originations and 389 closed loans. The three mortgage loan originators were responsible for generating more than $130 million in mortgage sales. Lado's volume was $86 million in sales.