1.   As mortgage banking companies are forced to lay off employees and shrink their operations, lower earnings and depressed stock prices will follow, he said.

2.   Before joining Sunbeam, he was chairman, chief executive and president of Ryland Group Inc., a mortgage banking and home-building company.

3.   Before joining Sunbeam, Schipke was chairman, chief executive and president of Ryland Group Inc., a mortgage banking and home-building company.

4.   But mortgage banking proved to be a different sport.

5.   Employment in mortgage banking also appeared to be expanding, spurred by the recent declines in interest rates.

6.   Excluding securities and other one time gains, fee income was led by mortgage banking, trust services, transaction processing and deposit account service charges.

7.   Higher interest rates, however, contributed to further job declines in mortgage banking, and real estate jobs were flat, after a big gain in August.

8.   In part because of acquisitions, BankAmerica has become a powerhouse in mortgage banking.

9.   It also offers mortgage banking, credit insurance, investment advisory and brokerage services.

10.   Its major businesses include consumer banking, corporate banking, private banking, mortgage banking, real estate banking and asset management.