Lenders One Appoints Scott Mort as Southwest Regional Manager

Responsible for securing new members, maximizing mortgage delivery
ST. LOUIS--(Business Wire)--
Lenders One Mortgage Cooperative, a national alliance of mortgage
bankers, has named Scott Mort as the cooperative's southwest regional
manager. His responsibilities will primarily focus on servicing
existing members in this region as well as recruiting qualified
mortgage bankers to join.

In his position, Mort will work with Lenders One members on a
daily basis to help maximize their revenue on loans they sell in the
secondary market and minimize their expenses on settlement services
and business products. He additionally will aid the expansion of their
loan market share by promoting and training the products and services
offered.

"His seasoned financial management experience and commitment to
staying in tune with the ever-changing economic environment will help
strengthen the cooperative's image when working with outside business
contacts," said Scott Stern, CEO of Lenders One. "Mort's diverse
financial management background will no doubt impact our members'
success in the southwest as he can assist them with their day-to-day
business operations and revenue growth."

Mort has nearly 10 years experience in the banking, securities and
mortgage industries. He is proficient in risk and asset management,
financial and investment analysis, strategic planning, as well as loan
and lending administration. He has worked as a mortgage loan officer a
total of six years and also spent time in financial investments.

"With members in all 50 states and new mortgage bankers joining
every month, Lenders One is a growing business venture with obvious
benefits to its member network," Mort said. "My leadership and
team-building expertise can help obtain valuable corporate
relationships and enhance members' utilization of vendor partners to
boost revenue."

About Lenders One Mortgage Cooperative

Lenders One is a national alliance of mortgage bankers established
in 2000 and based in St. Louis. With more than 120 members originating
$40 billion in mortgage loans annually, the Lenders One alliance ranks
as the ninth largest mortgage originator in the U.S. Lenders One
leverages its aggregate buying power and preferred-investor
relationships to negotiate better lending terms, provide premium
business services at reduced costs. Lenders One implemented for its
members, LOANMax, a system that has three predominant features to help
loan officers close more loans, satisfy continuing education
requirements and market themselves more powerfully.

For more information about membership, contact Tim Stern
866.728.5678 or visit www.lendersone.com.

For Lenders One
Charlyne H. McWilliams, 301-933-5567
or
Megan Ard, 678-781-7223

Copyright Business Wire 2008