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15
Table of Contents
Purchase of Loans. The following table shows our loan purchases during the periods indicated.
LoanPurchases
(inthousands)
Year Ended:
December 31, 2001 $ 13,452,389
September 30, 2000 $ 2,658,927
September 30, 1999 $ 1,806,019
September 30, 1998 $ 518,000
September 30, 1997 $ 342,900
Three Months Ended:
December 31, 2000 $ 1,080,264
Additionally, during fiscal 1998, we acquired approximately $150.0 million in loans from Direct Financial Corporation (“DFC”).
The following table shows our loan, purchase, sale, and repayment activity during the periods indicated including loans acquired
through business combinations.
Year Ended December 31, 2001 ThreeMonths Ended
December 31, 2000 Year Ended September30,
2000 Year Ended September30,
1999
(in thousands)
Loans receivable—net, at
beginning of period
$ 5,039,602 $ 4,172,754 $ 2,154,509 $ 793,189
Loan purchases and
originations:
One- to four-family
variable-rate
4,451,489 834,936 2,235,900 535,571
One- to four-family fixed-rate 6,988,688 161,681 423,027 1,270,168
Multi-family — — — 280
Consumer and other loans 2,012,212 83,647 — —
Total loan purchases and
originations
13,452,389 1,080,264 2,658,927 1,806,019
Loans sold (7,899,991 ) (5,062 ) (232,209 ) (90,740 )
Loan repurchases 1,189 — (417 ) (878 )
Loan repayments (2,653,385 ) (209,721 ) (424,283 ) (353,916 )
Total loans sold, repurchased
and repaid
(10,552,187 ) (214,783 ) (656,909 ) (445,534 )
Net change in deferred
discounts and loan fees
74,010 2,982 20,252 2,379
Net transfers to real estate
owned
(1,786 ) (6 ) (269 ) (266 )
2002. EDGAR Online, Inc.