MountainView Hires Brent Giese

Business Wire, August 6, 2008

DENVER -- MountainView Capital Holdings, LLC ("MountainView"), announced today the hiring of Brent Giese as a Managing Director. Mr. Giese will join MountainView's whole loan sales and trading unit and will be located in New York. Mr. Giese will help expand MountainView's coverage of institutional accounts in the northeast region of the country.

Prior to joining MountainView, Mr. Giese spent more than 10 years at Bear Stearns in New York, where he was most recently a Managing Director, Co-Head of New York Mortgage Origination Sales Group and Producing Manager of Bear/EMC Correspondent Sales Team. Prior to joining Bear Stearns, he received his undergraduate degree in Economics from Duke University.

"MountainView continues to take advantage of the volatile mortgage marketplace in being able to recruit and hire the industry's top professionals. Brent Giese brings tremendous expertise and relationships to MountainView, and his years of experience at Bear Stearns will certainly contribute to the continued growth of our franchise. In addition to Brent Giese, we are also very excited about our recent expansion in Los Angeles with the hiring of two mortgage professionals: Bijan Gorgi and Brandon Watts, former Countrywide executives," commented Chris Rooker, Managing Principal and Head of Sales and Trading at MountainView.

"I look forward to working directly with Brent as we focus our strategy of providing seamless sales and trading capabilities, and as we more effectively integrate our distribution and trading businesses for the benefit of our clients. We are very excited about this positive development for our entire firm," added Jonas Roth, Managing Director and National Sales Director at MountainView.

"MountainView's existing platform, which has recently been enhanced by numerous key hires, provides a terrific opportunity for me to extend the company's strong mortgage loan franchise, and I'm thrilled to be a part of this impressive team," said Mr. Giese.

About MountainView

MountainView and its predecessors have served institutional investors in the mortgage industry for over 18 years. MountainView is headquartered in Denver and has offices in Los Angeles, San Francisco, New York and Arlington, Texas. MountainView and its subsidiaries offer a range of services including the purchase and sale of mortgage loans, brokerage services for the sale of both mortgage loans and mortgage servicing rights, servicing of mortgage loans, and independent third party valuation of mortgage servicing rights and whole loans.