The ticker.

                                     Price    Price
                             Ticker  Close    Close     52-Week  52-Week
Company                      Symbol  1/31/07  12/29/06  High     Low

Indymac Bancorp Inc.         NDE     38.89    45.16     50.50    37.05
Countrywide Financial Corp.  CFC     43.48    42.45     45.26    31.86
Fannie Mae                   FNM     56.53    59.39     62.37    46.17
Freddie Mac                  FRE     64.93    67.90     71.92    55.64
Washington Mutual Inc.       WM      44.59    45.49     47.01    41.03
Wells Fargo & Co.            WFC     35.92    35.56     36.99    30.31
Thornburg Mortgage Inc.      TMA     26.90    25.13     29.00    22.39
New Century Financial Corp.  NEW     30.27    31.59     51.97    29.07
Annaly Mortgage Management   NLY     13.78    13.91     14.47    11.40
  Inc.
Impac Mortgage Holdings      IMH      8.62     8.80     11.74     7.17
  Inc.
Redwood Trust Inc.           RWT     63.56    58.08     64.24    40.27
MGIC Investment Corp.        MTG     61.72    62.54     71.48    53.96
PMI Group Inc.               PMI     47.82    47.17     48.43    41.60
Radian Group Inc.            RDN     60.22    53.91     65.80    51.61
Triad Guaranty Inc.          TGIC    51.50    54.87     58.62    41.50
Bank of America Corp.        BAC     52.58    53.39     55.08    40.93
Ocwen Financial Corp.        OCN     14.08    15.86     16.95     9.51
American Home Mortgage       AHM     34.94    35.12     36.96    27.40
  Investment Corp.
J.P. Morgan Chase & Co.      JPM     50.93    48.30     51.16    39.05
Accredited Home Lenders      LEND    27.77    27.35     60.13    25.00
  Holding Co.
HomeBanc Corp.               HMB      3.31     4.23      8.99     3.05
New York Mortgage Trust      NTR      2.95     3.05      6.10     2.60
  Inc.
PHH Corp.                    PHH     29.26    28.87     29.79    23.70

SOURCE: Friedman, Billings, Ramsey Group Inc. (FBR). This list is based
on a sampling of mortgage industry companies that are publicly traded,
but it is not a complete list of such companies. Data are compiled from
New York Stock Exchange and NASDAQ stock market postings.
Friedman, Billings, Ramsey Group Inc. provides investment banking*,
institutional brokerage*, asset management and private wealth services
through its operating subsidiaries, and invests in mortgage-related
assets and merchant banking opportunities. FBR focuses capital and
financial expertise on eight industry sectors: consumer, diversified
industrials, energy and natural resources, financial institutions,
health care, insurance, real estate and technology, and media and
telecommunications. FBR is headquartered in the Washington, D.C.,
metropolitan area, with offices in Arlington, Virginia; Boston; Dallas;
Denver; Houston; Irvine, California; New York; Phoenix; San Francisco;
and London.
Friedman, Billings, Ramsey Group Inc. is the parent company of First NLC
Financial Services Inc., a nonconforming residential mortgage originator
headquartered in Deerfield Beach, Florida. For more information, visit
www.fbr.com.
*Friedman, Billings, Ramsey & Co. Inc.