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CHRYSLER TAKES FIRST PLACE IN THE 2006
XGR GREENLIGHT EXTREME GRAVITY RACING SERIES

(Irvine, Calif.) - October 11, 2006 - Greenlight Financial Services, the title sponsor, also took home second place for the fastest speed. Greenlight Financial Services, a leading direct-to-consumer mortgage lender, today announced the winner of the national Greenlight "Green Living" essay contest which promotes awareness and healthy and sustainable living. The winner, Andrew Hurvitz of Van Nuys, California, will receive $2500 in cash.

Greenlight Financial Services invited consumers nationwide to write about why it is "Good To Live Green" as it relates to protecting the environment in the home, office, school or auto. Entries of 500 words or less were judged on creativity, articulation and strength of theme.

"We received so many thoughtful, creative and articulate essays but Mr. Hurvitz's essay embraced the idea of personal responsibility when it came to green living and incorporating the idea of it into everyday life" said Joann Pham, CEO of Greenlight Financial Services. "It's important to us to create a dialogue with our customers on this very important issue of the environment and the concept of building 'Green.' Positive change comes through the flow of ideas and we hope that all our customers will embrace this issue and take part in saving the planet. "

"Thinking green is not only a personal and economic decision, but it is an imperative for human survival on this planet," said contest winner Mr. Hurvitz. "I must praise Greenlight Financial Services for showing us that business success and green values go together. Our homes and our families will be greatly blessed if we can create an environment that allows for personal growth, while living harmoniously in the natural world."

Driving awareness to environmental issues is an extension of Greenlight Financial Services' ongoing commitment to take a leadership role in responsible corporate citizenship. Greenlight is currently developing a "Green Loan Discount Program" designed to provide consumers a discount who take out loans for the purpose of buying, building or remodeling 'Green'. This is expected to launch in Q4. Past initiatives include Greenlight Financial Service's recent participation in the development of a paperless loan process, called "eMortgage" that will go a long way to save trees; 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; and discount loans on sustainable homes. GFS is headquartered in Irvine, CA.

About Greenlight Financial Services:
Greenlight Financial Services (www.greenlightloans.com; 866-66-FASTER) has become one of the fastest growing direct-to-consumer mortgage lenders in the industry; providing a combination of advanced technology, competitive interest rates, and outstanding customer service. Greenlight originates first and second mortgages, as well as equity lines of credit. Founded in 2001, Greenlight Financial Services is headquartered in Irvine, California.