Allied Home Mortgage Capital Corporation Opens New Branch Office in Yakima, WA

Business Wire, April 15, 2003

Business Editors

YAKIMA, Wash.--(BUSINESS WIRE)--April 15, 2003

Allied Home Mortgage Capital Corporation (AHMCC) has opened a new branch in Yakima, Wash. The branch is the first one in the city and 16th in the state.

Donna Leischner will be the branch manager for the new office. She has over 13 years' experience in the real estate industry and four in mortgage banking and was formerly a mortgage banker with Pacific Guarantee Mortgage. She has lived in the Yakima area for 11 years and is married. Donna holds the following recognitions and positions: Washington State Housing Finance Commission Homebuyer instructor and Washington State Notary. She also regularly participates in the Veterans Benefits Assistance Fair and Stand Down that provides education and information to former servicepersons.

The new branch will be located at 309 South 11th Avenue, Suite 100, Yakima, WA 98902 and can be reached at 509/248-6647 or donnal@alliedhomenet.com.

About Allied:

Founded in 1991, AHMCC is the largest privately held mortgage banker/broker in the U.S., with more than 700 offices in 49 states, Guam and the Virgin Islands. It offers a wide variety of mortgage products and services from over 800 lenders.

Allied is a preferred lender on Military.com (the largest military Web site on the Internet) and the exclusive mortgage lender for Carleton Sheets. Last year the company funded over $12 billion in loans, including more than $1 billion in the month of October, and was named the #1 mortgage brokerage firm by Broker magazine.

For more information about the company, visit Allied's Web sites at www.branchasap.com, www.mortgageasap.com and its new Spanish language site, www.prestamopronto.net.