Saxon Capital Group Inc. · OTC:SCGX
Saxon Capital — Investor Presentation (March 2006)
20 slides from Saxon Capital's investor presentation, Mar 31, 2006
Slide 1: Saxon Capital, Inc. December 31, 2005
Saxon Capital, Inc. December 31, 2005
Slide 2: Forward Looking Statement
Forward Looking Statement Statements in this presentation other than statements of historical fact, are “forward-looking statements” that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect Saxon’s future plan
Slide 3: Who We Are
Who We Are Taxable REIT Subsidiary (TRS) Production and Servicing Channels Qualified REIT Subsidiary (QRS) Owned Portfolio Saxon is a residential mortgage lender and servicer that manages a portfolio of mortgage assets. Saxon originates, purchases, securitizes, and services real property secured mor
Slide 4: Originate/Purchase Mortgage Loans, Securitize, Loan Performance: Core Competencies
Originate/ Purchase Mortgage Loans Securitize Loan Performance Core Competencies Underwriting Capital Markets Servicing
Slide 5: Saxon's Strategy
Growth in Dividend and Capital Portfolio Growth Breadth Of Product Line Investment In Technology 3 rd Party Servicing Growth Saxon’s Strategy
Slide 6: Saxon's Strategy
Saxon’s Strategy QRS TRS • Growth in Owned Portfolio • Maintain Pricing Discipline • Maintain Credit Discipline • Growth in Originations • Growth in 3 rd Party Servicing • Technology investments to drive costs down • Whole loan sales
Slide 7: Saxon's Proven Track Record
Saxon’s Proven Track Record 12/31/05
Slide 8: Sources of Portfolio Growth
Sources of Portfolio Growth Portfolio Growth $3,495 Retail 21.3% Wholesale 45.1% Correspondent Flow 28.0% Correspondent Bulk 5.6% Originations 12/31/01 – 12/31/05 Production ($ in millions) Does not include called loans. 12/31/05
Slide 9: Portfolio Geographic Dispersion
Portfolio Geographic Dispersion 12/31//05
Slide 10: Fourth Quarter 2005 Production Statistics
Fourth Quarter 2005 Production Statistics 12/31/05
Slide 11: Credit & Servicing Statistics
Credit & Servicing Statistics
Slide 12: Servicing Portfolio
Servicing Portfolio $18.4 billion = 74% $6.4 billion = 26% 12/31/05
Slide 13: Credit Grade Migration
Credit Grade Migration 12/31/05
Slide 14: Performance: Static Pool Delinquency
Performance: Static Pool Delinquency 12/31/05 1996 – 2000 = 9.1% 2003 = 17.3% 2001 = 5.3% 2004 = 38.7% 2002 = 8.5% 2005 = 21.0% Outstanding Portfolio Balance by Year:
Slide 15: Performance: Saxon Portfolio Static Pool Losses by Year of Origination
Performance: Saxon Portfolio Static Pool Losses by Year of Origination 12/31/05
Slide 16: Performance: Static Pool Losses by Year of Origination
Performance: Static Pool Losses by Year of Origination 12/31/05 Total Cumulative Losses: 1998 = 4.10% 2001 = 3.78% 2004 = 0.10% 1999 = 5.12% 2002 = 1.67% 2000 = 5.64% 2003 = 0.45%
Slide 17: Loss Severity Data as of 6/30/05
Loss Severity Data as of 6/30/05 12/31/05
Slide 18: Performance: 2004 Delinquency by Credit Score Saxon vs. Peer Group
Performance: 2004 Delinquency by Credit Score Saxon vs. Peer Group 12/31/05 Benchmark Securities: ABFC, ABS, ACE, AMERIQUEST, ARC/SASCO, ARGENT, BEAR STEARNS, C-BASS, CENTEX, CHASE FUNDING, COUNTRYWIDE, CSFB, DELTA, DLJ, EQUICREDIT, EQUITY ONE, FIELDSTONE, FIRST FRANKLIN, FREMONT, GSAMP/GSMPS, LONG
Slide 19: Summary: Strong Management, Existing Portfolio, Servicing Platform, Discipline
Strong Management Existing Portfolio Servicing Platform Discipline Summary • SAX has a culture of discipline in growth, credit, and servicing. • Creating assets for our balance sheet and managing a REIT require similar discipline. • SAX has a servicing platform that is highly rated and scalable. • S
Slide 20: Thank You for Your Investment
Thank You for Your Investment www.saxonmortgage.com