ABN AMRO Mortgage Group February Production Totals $4.05 Billion; Jumps 22% From January

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ABN AMRO Mortgage Group February Production Totals $4.05 Billion; Jumps 22% From January
    ANN ARBOR, Mich., March 30 /PRNewswire/ -- ABN AMRO Mortgage Group, Inc.
(AAMG), the nation's sixth largest mortgage lender, today released its
production for the month ended February 29, 2004, for all of its production
divisions.
    AAMG reported February 2004 production of $4.05 billion, with more than
23,900 loans funded.  With February production totaling $3.1 billion,
InterFirst Wholesale Mortgage Lending was AAMG's top producing division for
the month.
    "Reflective of the recent drop in mortgage interest rates, AAMG's
production increased $717 million from January 2004," said Mike Maher, group
senior vice president.  "AAMG customers who did not refinance their mortgage
during the 2003 refinance 'boom' are seizing this opportunity to reduce their
mortgage loan to a near record low interest rate.
    "The overall housing market remains exceedingly strong," Maher continued.
"AAMG stands poised to serve customers nationwide, as sales of existing homes
and new home starts both continue at record levels in this favorable interest
rate environment."

    Production derived from each of AAMG's six business channels:

    Channel                  February 2004        February 2003      % Change

    InterFirst Wholesale
    Lending                  $3.1 billion         $9.4 billion          -67%

    National Lending Center  $508 million         $833 million          -39%

    Standard Federal Bank    $342 million         $1.2 billion          -72%
    & LaSalle Bank Loan
    Origination Channels

    ABN AMRO Mortgage        $62 million          $169 million          -63%

    Financial Institutions   $22 million          N/A                   N/A
    Group

    Bulk Acquisitions        $15.5 million        N/A                   N/A

    TOTAL                    $4.05 billion        $11.6 billion         -65%


    Channel                      2004                 2003
                              YTD Total             YTD Total        % change

    InterFirst Wholesale     $5.7 billion         $18.6 billion         -69%
    Lending

    National Lending Center  $890 million         $1.7 billion          -48%

    Standard Federal Bank    $538 million         $2.2 billion          -76%
    & LaSalle Bank Loan
    Origination Channels

    ABN AMRO Mortgage        $126 million         $284 million          -56%

    Financial Institutions   $38 million          N/A                   N/A
    Group

    Bulk Acquisitions        $15.5 million        N/A                   N/A

    TOTAL                    $7.3 billion         $22.8 billion         -68%


    About ABN AMRO Mortgage Group, Inc.
    ABN AMRO Mortgage Group is the sixth largest loan originator and loan
servicer in the United States.  ABN AMRO Mortgage Group produces mortgage
loans and provides related services through its various divisions.  ABN AMRO
Mortgage Group has approximately 3,000 employees located throughout the United
States.

    About ABN AMRO
    ABN AMRO is a prominent international bank, its origins going back to
1824.  ABN AMRO ranks 11th in Europe and 23rd in the world based on tier 1
capital, with over 3,000 branches in more than 60 countries, and a staff of
over 110,000 full-time equivalents and total assets of EUR 560.4 billion (as
of December 31, 2003).  ABN AMRO is listed on the Euronext, London and New
York stock exchanges.
SOURCE ABN AMRO Mortgage Group, Inc.
http://www.abnamro.com
CONTACT:
Jennifer Cornell of Eiler Communications,
+1-734-761-3399, or Jenn@EilerPR.com , for ABN AMRO Mortgage
Group, Inc.