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GREENLIGHT FINANCIAL NOW LICENSED FOR
DIRECT-TO CONSUMER LENDING IN
MISSISSIPPI, WEST VIRGINIA, AND WASHINGTON D.C.

(Irvine, CA) - March 3, 2004 - Greenlight Financial Services, one of the fastest growing direct-to-consumer mortgage lenders in the industry, today announced the next phase of it's national expansion, now being licensed to provide loans in Mississippi, West Virginia and the District of Columbia. Greenlight is now licensed in 46 states, plus the District of Columbia, and continues its mission to be licensed in all 50 states, which the company expects to accomplish within the year. Greenlight has originated over $6 billion in loans since the company's inception in 2001.

"Greenlight is thrilled to begin providing loans for the good people of Mississippi, West Virginia and Washington, D.C.," said Joann Pham, President & CEO of Greenlight Financial Services. "Borrowers around the nation have already benefited from our wide range of mortgage options, designed to suit any situation, and we look forward to continued success as we march closer to our goal of being licensed in all 50 states."

As a leader in the next generation of mortgage lending, Greenlight originates first and second mortgages, as well as equity lines of credit. Greenlight's offering is based on three principles: competitive rates, exceptional customer service and efficient loan processing. These are delivered along with the 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 over $6 billion in loans for its customers since the company's inception.

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.

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.