Local Mortgage Expert Appointed to Lead Statewide Expansion; Pamela Metcalf Named District Manager for First Horizon Home Loans

Business Wire, May 16, 2002

Business Editors

SALT LAKE CITY--(BUSINESS WIRE)--May 16, 2002

Local mortgage professional Pamela Metcalf recently joined First Horizon Home Loans as district manager for Utah. Metcalf will be in charge of the national lender's 2002 expansion into the Utah homebuyers market and will oversee retail and wholesale First Horizon offices across the state.

Before joining First Horizon Home Loans, Metcalf held several senior positions with North American Mortgage Company. She brings more than 18 years of mortgage-related experience to her new position.

In addition to home loans, Metcalf will also be offering customers an array of financial products and services, including financial planning, checking and savings accounts, college savings and retirement plans, credit card products, home equity loans and home equity lines of credit.

Currently the president of the Salt Lake City chapter of Utah Mortgage Lenders Association (UMLA) and member of the Board of Governors of the UMLA, Metcalf's past honors and awards include first-ever recipient of the North American Mortgage Company's Manager of the Year Award and Mortgage Originator magazine's 1996 Superstar of the Year. She is a member of the Salt Lake 100 professional saleswomen organization and a past delegate member of the National Mortgage Brokers Association.

"Pamela's expertise and management skills will be a tremendous asset as our Utah expansion unfolds," said Jerry Baker, president and CEO of First Horizon Home Loans. "In addition to her skills in delivering stress-free, uncomplicated home loan experiences to her customers, Pamela shares our commitment to building valuable relationships with them."

About First Horizon Home Loan Corporation

Headquartered in Irving, Texas, First Horizon Home Loans is a national leader in the mortgage banking industry. The company ranks among the nation's largest full-service mortgage banking companies in both retail origination and mortgage servicing.

With its commitment to superior customer service and competitive products, the company is currently ranked 17th in servicing with more than $47 billion in its portfolio. Based on total loans originated in 2001, the company ranked 18th in the nation with $24.35 billion.(a)

The First Horizon family of lending companies includes First Horizon Home Loans, First Horizon Wholesale, First Tennessee Home Loans, First Horizon Equity Lending and First Horizon Money Center.

First Horizon Home Loans' parent company is First Tennessee National Corporation (NYSE:FTN), a nationwide, diversified financial services institution. With headquarters in Memphis, Tennessee, First Tennessee National Corporation is one of the 50 largest bank holding companies in the United States in market capitalization and asset size.

(a) Rankings source: Inside Mortgage Finance(R).