Primary Capital Mortgage Loans

FOR IMMEDIATE RELEASE

For more information, contact:
George Phelps, 1.800.540.4388
gphelps@primarycapital.com


Wholesale Mortgage Lender Hires New Senior Vice President,
National Sales Manager


Primary Capital Mortgage Welcomes Mr. tommy E. Cruse,
a Leader in the Mortgage Industry, to Its Team


Atlanta, June 1, 2007 - Primary Capital Mortgage, a premier wholesale mortgage lender, is pleased to welcome its newest member, Tommy E. Cruse, as senior vice president, national sales manager. Cruse is a recognized leader in innovative sales and management techniques, proven throughout his extensive experience in the mortgage industry.


Prior to joining wholesale mortgage lender Primary Capital, Cruse was employed as senior vice president of SouthStar Funding, president of GBC Funding, senior vice president of sales for EquiBanc Mortgage, and southeastern regional vice president of wholesale lending for Flagstar Bank FSB.


Cruse also maintains an excellent reputation in the mortgage industry and has been a member of several of Georgia’s elite professional organizations, including the Mortgage Bankers Association of Georgia, the Georgia Association of Mortgage Brokers, and the Atlanta Mortgage Bankers Association, where he served as a board member and executive officer. In addition, he holds a bachelor of business administration degree from the University of Louisiana.


“I am delighted to be joining Primary Capital Mortgage, which has such a strong reputation as an innovative and leading wholesale mortgage lender,” said Cruse. “I hope to make a positive impact on the company by calling upon my past experiences in the mortgage industry to bring in new and exciting opportunities and to help further grow this thriving business.”


“Tommy Cruse’s impressive list of credentials and solid background in the mortgage industry make him a natural fit with the rest of the Primary Capital team,” said George Phelps, executive managing director of Primary Capital Mortgage. “We look forward to his contributions to our business as a wholesale mortgage lender as he helps us to expand our staff as well as our mortgage lending territory.”


About the Company

Primary Capital Mortgage is a leading residential mortgage company headquartered in Atlanta. The company offers innovative products and services through three channels: wholesale lending, online mortgage program, and retail lending. Currently operating in 30 states, Primary Capital Mortgage closes over $1 billion in business annually. For more information, brokers are invited to visit www.pcmexpress.com and consumers can check out www.mortgage-in-motion.com.