FOR IMMEDIATE RELEASE

MORTGAGE INDUSTRY VETERAN PAUL KELLY JOINS PRIMARY CAPITAL MORTAGE AS VICE PRESIDENT OF WHOLESALE PRODUCTION

Most recently with Countrywide Home Loans in its Interstate Lending division, Kelly has tenure with several other companies in the mortgage industry including Transamerica Mortgage Company as its Vice President of Sales and Bank of America. He held leadership council positions at Countrywide and Transamerica and is a licensed originator in several states. Kelly has sales and management experience in both A, Alt A and Sub Prime wholesale/correspondent distribution channels.

“We believe that people are our biggest asset at Primary Capital Mortgage and the addition of Paul Kelly has just added to our bottom-line. His leadership experience in the mortgage industry will be invaluable to us as we realize our vision to expand nationwide. Paul has known our team for 16 years and I’m proud he has joined our ranks as we grow PCMexpress, our wholesale lending program,” said George S. Phelps, Executive Managing Director for Primary Capital Mortgage.

PCMexpress is the company’s wholesale mortgage service, which offers mortgage brokers the buying power and pricing of the larger firms with the financial backing for warehouse lines. Interested brokers can find applications and more information at www.pcmexpress.com.

“Primary Capital Mortgage has proven and repeated success in both the wholesale and retail markets of the mortgage industry. With a senior management team that invests in people, I knew they ran a good business with things done the right way,” said Paul Kelly, Vice President, Wholesale Production. “Primary Capital Mortgage embodies the principals of availability, accessibility and certainty of execution.”

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