Business Context and Reporting Period
This Form 8-K is a current report filed by Principal Financial Group, Inc. on November 7, 2002. The filing discloses specific data regarding the company's mortgage loan servicing portfolio as of the period ended September 30, 2002, pursuant to Regulation FD.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The sole financial metric disclosed is the total volume of the mortgage loan servicing portfolio.
| Portfolio Segment | Volume (in millions) |
|---|---|
| 6% and under | 9,098.2 |
| 6.01% - 6.50% | 20,579.6 |
| 6.51% - 7.00% | 42,737.1 |
| 7.01% - 8.00% | 26,786.5 |
| 8.01% - 9.00% | 2,598.2 |
| 9.01% - 10.00% | 144.8 |
| 10% and over | 27.0 |
| Total Portfolio | 101,971.4 |
Material Changes
The filing text does not provide comparative data for prior periods; therefore, no material changes versus the prior comparable period can be determined from this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors. It serves strictly as a disclosure of the interest rate distribution of the mortgage loan servicing portfolio.
Investor Verification Checklist
- Verify the total mortgage loan servicing portfolio volume of $101,971.4 million as of September 30, 2002.
- Note that the majority of the portfolio (approximately 63%) is concentrated in the 6.51% to 8.00% interest rate range.
- Confirm that this filing does not contain earnings results or liquidity metrics.