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PLAZA HOME MORTGAGE CORP. TOPS $512 MILLION IN HOME LOANS

 PLAZA HOME MORTGAGE CORP. TOPS $512 MILLION IN HOME LOANS
 SANTA ANA, Calif., Nov. 4 /PRNewswire/ -- Plaza Home Mortgage Corp. (NASDAQ: PHMC), one of the nation's leading mortgage lenders, announced that the company originated $512 million in October 1992, an increase of 53 percent from the $334 million originated in October 1991. New loan applications totalled $912 million in October 1992 compared to $734 million in October 1991. The company's pipeline of loans-in-process increased to $895 million as of Oct. 31, 1992, compared to $857 million at Sept. 30, 1992.
 Headquartered in Santa Ana, Plaza Home Mortgage Corp. is a Delaware-chartered holding company whose sole subsidiary, Plaza Savings and Loan Association, conducts the company's mortgage banking business through 19 loan origination offices and one savings branch.
 -0- 11/4/92
 /CONTACT: James M. Weld, COO of Plaza Home Mortgage, 714-564-3010/
 (PHMC) CO: Plaza Home Mortgage Corp. ST: California IN: FIN SU:


JL-KJ -- LA005 -- 2413 11/04/92 11:01 EST
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Date:Nov 4, 1992
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