PRESS RELEASE

Prime Mortgage Top Independent Producer of MHFA Loans in Minnesota

Minnetonka, MN – July 16, 2007

Prime Mortgage Corporation was recently recognized by Minnesota Housing Finance Agency as the top independent producing lender partner under the Single Family Mortgage program for March 1 – May 31st, 2007. Prime was second on the overall Top 10 List, but the only independently owned and operated Mortgage Company in the top five.

"Minnesota Housing offers such wonderful loan program opportunities," said Tom Olson, Prime’s Co-owner. "We are proud to be a high-level lending partner."

May was a record month for the agency, with more than $80 million in loan commitments.

"Prime has a long-standing relationship with Minnesota Housing," said Sally Turrittin, Prime’s Co-owner. "We are committed to building relationships with our clients and offering an array of products to meet their needs."

Prime Mortgage Corporation is based in Minnetonka and has proudly provided its customers with the best home mortgage financing experience in the industry for over 20 years. Tom Olson and Sally Turrittin formed Prime Mortgage in 1985 and still own and operate the Minnetonka based company. Prime Mortgage currently has eight offices and two satellite locations throughout Minnesota, Wisconsin, and Florida. Prime ranks as one of the largest independent mortgage bankers in Minnesota and employs over 130 people.