Greenlight Financial Services Launches Green Loan Discount

January 23, 2007

Discount Rewards and Promotes Eco-Conscious Lifestyles That Help Protect the Environment IRVINE, Calif.--(BUSINESS WIRE)--Greenlight Financial Services, a leading direct-to-consumer mortgage lender, today announced the launch of a new type of consumer savings called the “Green Loan Discount.” The Greenlight “Green Loan Discount,” one of the first of its kind in the mortgage lending industry, will offer a discount on home loan fees to qualifying eco-conscious consumers who purchase, build or practice green principles that conform to LOHAS (Lifestyles of Health and Sustainability) standards. Consumers will be asked to fill out a simple questionnaire on the Greenlight website (www.greenlightloans.com) to determine if they qualify for the “Green Loan Discount.” Questions range from consumer usage of energy-efficient appliances, use of solar heating and composting, what type of car does one drive and how many people live in one’s home. Customers certifying that they meet the criteria will then receive a full fee dismissal, which amounts to a savings of $295.00. “The 'Green Loan Discount' was created as part of our ongoing commitment to green thinking; it exemplifies our continued dedication to providing superior customer service, while also paying attention to environmental concerns and rewarding the efforts of our consumers who are helping to preserve our environment,” said Greenlight Financial Services CEO, Joann Pham. “The world climate is changing and Greenlight is pleased to be taking a leadership role in promoting social corporate responsibility that promotes positive change and awareness in consumers.” Recent forward-thinking initiatives include Greenlight Financial Services' recent participation in the development of a paperless loan process called “eMortgage” that makes the process easier and quicker for the consumer as well as helping to save trees; and sponsorship of the 2005 and 2006 “XGR Greenlight Gravity Racing Series,” where teams race engineless eco-friendly cars, while providing temporary jobs and career training for teenagers in foster care. As a leader in the next generation of mortgage lending, Greenlight Financial Services originates first and second mortgages, as well as equity lines of credit. Greenlight’s success is based on three principles: competitive rates, exceptional customer service and efficient loan processing. These are delivered along with the Greenlight guarantee that if a client is ever dissatisfied with any aspect of the loan process or service - or able to find a more competitive rate elsewhere - they are free to cancel without any cost or obligation. This successful formula has led to Greenlight providing close to $9 billion in loans for its customers since the company’s inception.

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