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Ownit Mortgage Solutions(TM) Announces New Broker Website

9 March 2006

Ownit Mortgage Solutions launched a new


broker website on December 15, 2005. The website includes useful


information for mortgage brokers, including expanded information on Ownit's


proprietary products. Brokers visiting the new website will enjoy an


engaging look and feel, easy navigation, and access to comprehensive


information on the company.


Ownit Mortgage Solutions focuses on serving the needs of mortgage brokers


who face the challenge of a marketplace in flux. Homebuyers in the 21st


century are different from homebuyers of past decades and reflect the


growing diversity of American households. The changing demographics of


today's borrowers coupled with rising home costs result in a "New Market


Reality" that confronts mortgage brokers and borrowers daily.


"Underwriting guidelines developed in the 1950s don't address the needs of


today's homebuyers and brokers," said Bill Dallas, president and CEO of


Ownit Mortgage Solutions. "Loans that met the needs of Ozzie and Harriet


were not intended to fill the needs of the Desperate Housewives." Brokers


can learn more on their website at www.ownitmortgage.com.


Highlighted Links


Home Page


A key improvement to the site is expanded information on Ownit's RightLoan™


Suite of Products designed to help brokers close more loans in today's


marketplace. Through research, Ownit identified proprietary product


information to be a critical component of the new website. The addition of


comprehensive product information is designed to increase broker awareness


of when and how to use Ownit's proprietary products. In addition, the new


site features broker tools, consumer marketing materials, daily news and


financial rates, white papers and articles, and a streamlined process to


become an Ownit Mortgage Solutions broker -- "Broker One-Click."


About Ownit Mortgage Solutions


Ownit Mortgage Solutions, formerly Oakmont Mortgage Company, is one of the


nation's fastest growing wholesale mortgage lenders. A top-15 subprime


residential mortgage lender(1), Ownit projects loan volume of $8 Billion


for 2005, a 100% increase over 2004. Ownit provides innovative products to


help brokers serve the needs of today's homebuyers. Ownit's proprietary


RightLoan Product Suite helps New Market homebuyers combine the dream of


homeownership with housing affordability. For more information about Ownit


Mortgage Solutions, please refer to www.ownitmortgage.com.


(1) Ownit Mortgage Solutions ranks as a top-15 subprime mortgage lender


based on data published by National Mortgage News in their Quarterly Data


Report, 3rd quarter 2005.


Contact:


Steve Smailes


(818) 449-2819


ssmailes@ownitmortgage.com


SOURCE: Ownit Mortgage Solutions

Source: marketwire


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