American Pacific Mortgage Introduces Partnerships With Key Investors

American Pacific Mortgage, a leading mortgage net branching company, today announced key investor partnerships that will significantly expand its mortgage banking platform. In addition to substantially increasing its warehouse capacity, the company has added Flagstar bank to its list of correspondent relationships.

Unlike many other major industry players, American Pacific Mortgage anticipated the current market decline and secured its business model by adapting its mortgage banking platform and lowering its risk tolerance in autumn of 2006. 'During the last year and a half, many of the mortgage lenders who have imploded, did so because of their mortgage bank,' says Kurt Reisig, CEO of American Pacific Mortgage. 'While other lenders were obligated to millions of dollars in loan buybacks, we avoided the carnage by reducing risk via our hybrid banking model.'

Today, looming regulatory and legislative changes are threatening to impact mortgage brokers. Reisig continues: 'We believe mortgage banking will be an extremely important resource in 2008.' On cue, American Pacific Mortgage increased their mortgage banking capability with the addition of Flagstar Bank, Chase and First Horizon, and has markedly increased mortgage banking capacity.

While delivering exceptional banking products and minimizing risk, American Pacific Mortgages' key investors perform most of its underwriting and drawing services. The company then funds loans via its own warehouse line. This innovative platform serves to reduce overall risk and expense, while increasing the company's stability and competitive edge.

Mr. Reisig is delighted that his team continues to make the right calls, affirmed by the large number of new affiliate branches flocking to the APM banner. 'We directly attribute the recent increase in new branches to the buzz in the marketplace generated by our prudent decision-making and our mortgage banking escalation.'

For more information, visit http://www.apmortgage.com/.

About American Pacific Mortgage

Founded in 1990, American Pacific Mortgage (http://www.apmortgage.com/), a leading Branching company, provides full-service support for small- to mid-sized mortgage brokers and bankers nationwide. The company's flexible model leverages top lenders to meet branch and originator needs. The company provides coaching, commercial lending, compliance, file storage, state licensing and other business critical services and support to independent mortgage shops seeking to strategically align themselves with a successfully adapted firm.

Source: American Pacific Mortgage

CONTACT: Kurt Reisig, CEO of American Pacific Mortgage, +1-916-960-1325,
media@apmortgage.com