Primary Residential Mortgage Inc. Helps ARM Resets through FHA

SALT LAKE CITY, UT — DECEMBER 4, 2007 — The U.S.Department of Housing and Urban Development recently released statistics corroborating the success of the FHA Secure program. Industry wide, approximately 33,000 borrowers have already refinanced their home through FHA Secure, which was announced in late September. Primary Residential Mortgage, Inc. (PRMI) has encouraged company-wide use of FHA loans, and in the month of November, PRMI helped over 200 borrowers finance FHA loans totaling more than $33 million, many of which incorporated the FHA Secure program.

"We are pleased to be able to help homeowners take advantage of the FHA Secure program," says David Zitting, CEO and President of Primary Residential Mortgage, Inc. "We anticipate that more and more borrowers will be seeking to take advantage of this program and have encouraged all of our branches nationwide to be eligible to offer these loans."

The FHA Secure program is designed to for borrowers trying to refinance adjustable rate mortgages. Borrowers must have been current on their mortgage payments for at least 6 months prior to their rate adjusting. So far homeowners who have taken advantage of the program have saved an average of $400 a month in mortgage payments. It is predicted that another 20,000 borrowers will be approved in December alone. In 2008, as many as 200,000 borrowers are predicted to take advantage of FHA Secure.

Primary Residential Mortgage Inc. Continues Commitment to

Make-A-Wish Foundation

SALT LAKE CITY, UT — SEPTEMBER 12, 2007 — As part of a continued initiative to give back to the community, Primary Residential Mortgage, Inc. (PRMI) has made $10,000 in contributions so far this year to the Make-A-Wish Foundation of Utah. PRMI has enjoyed a long relationship with Make-A-Wish and has donated over $95,000 since 2004.
 
"The Make-A-Wish Foundation has a tremendous mission, one that we feel privileged to support," says David Zitting, President and CEO of PRMI. "I'm personally committed to ensuring that PRMI continues to assist this amazing charity."

PRMI's attention was first drawn to Make-A-Wish when one of the company's executive's, CFO Steve Chapman, had his child's wish fulfilled through the program. In the years since, Chapman and Zitting have both sat on the board of directors in addition to making company and personal contributions. PRMI has sponsored the Make-A-Wish golf tournament and the annual Gala and has "adopted" wishes granted by the company through their funding. PRMI employees have also participated in various volunteer capacities as well as on event committees.

"Primary Residential Mortgage has made a transformational commitment to the children served by the Make-A-Wish Foundation of Utah," says Christine Sharer, CEO of the Make-A-Wish Foundation of Utah. "The company's own employees and executives have had first-hand experience of the impact of a serious illness on a child and a family. They have translated that experience into generous compassion on behalf of all Utah children who face life-threatening medical conditions and the families who support them through challenging and frightening times."

Each year, the Make-A-Wish Foundation's Utah chapter grants approximately 130 wishes. The chapter also hosts additional wishes for children from other states visiting Utah for a wish experience. Wishes are granted to terminally ill children and range from celebrity visits to dream vacations.

One Giving World Builds Homes in Cambodia with Help from

Primary Residential Mortgage Inc.

SALT LAKE CITY, UT — SEPTEMBER 12, 2007 — Utah non-profit foundation One Giving World, working in partnership with NGO Tabitha Cambodia, led a team of 20 international volunteers this summer in building homes for Cambodian families. During the course of two weeks in June, the volunteers successfully built 6 homes at a cost of $860 each. This year's Tabitha Cambodia house building fund was made possible by several generous donors, including support from Primary Residential Mortgage, Inc. PRMI co-founder Jeff Zitting also made the trip to Phnom Penh and assisted in building the homes.

"Tabitha Cambodia works in partnership with the very poorest families in Cambodia to create economic self reliance through savings," says Rhiannon Lawrence, Co-Founder and Executive Director of One Giving World. "Thanks to the contributions of our gracious donors, we partnered with many deserving families this year. I am honored when companies donate blood, sweat, and tears in addition to a financial contribution. Jeff Zitting was an appreciated addition to our house building volunteer team. I am so grateful to our contributors for standing with these families as they take the steps to a better life through a process that gives dignity and respect."

Tabitha Cambodia helps the people of Cambodia earn income through the creation and sale of cottage industry goods (silk goods, metal goods, etc.). Program participants are then taught to save their earnings through a micro savings program. Tabitha pays 10% interest every 6 weeks to the enrolled families, and 100% of donors' contributions, such as PRMI's, go towards the interest payment. Families then use their savings to purchase homes and other items that will improve their quality of life; it typically takes 5-7 years to save for a house.

In 2006, over 823 volunteers from around the world helped Tabitha Cambodia build 376 houses for 376 families.

"Owning a home isn't just the American dream, it's the dream of families and individuals around the world," says David Zitting, President and CEO of PRMI. "We're proud to have played a small part in making those dreams a reality and hope to play an even bigger role in the future."

ABOUT ONE GIVING WORLD

One Giving World is a Utah-based non-profit that supports non-governmental organizations and other groups in the vision of global economic self reliance. Each year, One Giving World takes a group of volunteers to work with Tabitha Cambodia in building houses for Cambodian families. The organization also works with Pillows for Peace and The Great Life Foundation.