01/18/06
Amerisave Earns Upfront Mortgage Lender Designation
Professor Jack Guttentag recognizes Amerisave's fair treatment and communication to all customers

ATLANTA, January 18, 2006 - Amerisave Mortgage, one of the nation's leading online mortgage companies, received the Upfront Mortgage Lender (UML) distinction from Jack Guttentag, Professor of Finance Emeritus at the Wharton School of the University of Pennsylvania. Amerisave is the highest ranked online lender of all companies that have applied for UML status.

Guttentag awards UML certification to Internet lenders who provide information that borrowers need to make informed decisions and assure fair treatment to all consumers. UML requirements include:

• Providing quick access to the market niches it prices online
• Including its fixed-dollar fees, including credit and appraisal charges, in its price, and guarantees them to closing
• Providing a clear explanation of its lock requirements
• Disclosing all information about its ARM rates so borrowers can make informed decisions
• Informing borrowers if its loan officers are compensated in a way that gives them a financial incentive to overcharge the borrower

"We're pleased to achieve this certification, as more and more consumers are becoming comfortable with online lending," said David Herpers,director of consumer affairs at Amerisave. "UMLs are for intelligent borrowers who have researched and know what type of mortgage they want."

About Amerisave

Amerisave Mortgage, headquartered in Atlanta, is one of the nation's largest, privately held financial services companies. Amerisave is licensed in all 50 states and DC and provides the processing, closing and customer service of loans. Amerisave currently acts as a lender and as a broker and therefore has access to an infinite number of loan programs, from prime refinance to sub- prime purchase, even home equity lines of credit. To date, Amerisave has originated more than 10,000 mortgages online and ranks as one of the top 25 online mortgage originators in the U.S. with more than 300,000 mortgage shoppers per month accessing www.amerisave.com. For more information about Amerisave, visit www.amerisave.com or call 1-866-970-7283.