NetMore America Appoints Susan King New Regional Vice President Western Region To Further Expand Production Volume And Geographic Penetration

by 28 Oct 2008
WALLA WALLA, WASHINGTON - (October 28, 2008), NetMore America, Inc. (?NetMore?), an expanding next generation mortgage banker, announced today the hiring of Susan King as Regional Vice President Western Region to help manage the Company?s growth and further expand NetMore?s production volume and geographic penetration throughout the Western United States. Ms. King brings to this new position more that 16 years of combined sales and management experience in both the mortgage industry as well as the title and escrow industries. In her new position, Ms. King is being mandated with attracting and building sustainable relationships with high quality mortgage brokers in order to expand production volumes and market share in the Western region of the United States. "We are very pleased to have someone of Susan?s talent and character join NetMore at this exciting time for our Company. Susan is an important addition to our already impressive management team and will have an immediate impact on helping to build our national lending platform in both scale and profitability,? commented Mark Freedle, President and CEO of NetMore. ?At NetMore, we are focused on hiring the best of the best talent throughout our Company, from leadership, account executives and operations staff, to enable our lending partners to operate more efficiently and friction free in a model based on service, speed and sustainability.? Susan King, Vice President Western Region Ms. King joins NetMore with six years of experience and proven accomplishments in the mortgage banking industry and 10 years of management and sales experience in the title and escrow industries. Most recently, Ms. King served as Area Sales Manager ? Wholesale Lending in Northern California for National City Mortgage. In this position, Ms King significantly increased sales through higher volume with greater pull through rates and was named the #1 Area Sales Manager for California and #2 nationally. Prior to this position, Ms King was Manager of Builder Developer Services for Fidelity National Title, where she was responsible for establishing and maintaining relationships with Builders and Developers while managing the operations staff. Ms. King will lead the Western region from an office in Clackamas, OR. NetMore?s Western region currently operates in 10 states; AZ, CA, CO, ID, MO, NV, OR, WA, UT, and WY. ?There are many excellent mortgage brokers out in the marketplace looking to partner with a knowledgeable wholesale lender that is focused on building their wholesale presence in a sustainable manner. It is our intention to fully support high quality originators by providing competitively priced lending solutions for today?s? environment and the mortgage market of tomorrow,? stated Ms. King. ?NetMore is focused on optimizing the lending value chain in a friction free manner and delivering to our lending partners the tools and resources that can empower them to exceed their own expectations and help their clients.? About NetMore America NetMore America is a next generation mortgage leader building a sustainable national platform through responsible lending. The Company was founded in 2006 and has expanding retail and wholesale mortgage originations channels. NetMore?s product mix is currently 60% FHA and 40% agency loans. NetMore employs approximately 150 persons and is based in Walla Walla, Washington, with an operations center located in Clackamas, Oregon. For more information on NetMore please visit "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements that are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including, but not limited to, the results of capital raising efforts, conditions in the residential lending market, regulatory changes pertaining to the mortgage industry, interest rates, general trends in the housing markets, the impact of competition, and other risks. NetMore undertakes no obligation and has no intention of updating forward-looking statements. MEDIA CONTACTS: John Lovallo Lovallo Communications Group Telephone: 203-431-0587 Cell 203-526-6371 Email:


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