Allied Home Mortgage Celebrates Stellar Year at 4th National Convention; Bob Guiney, Jim Madrid, Dan Pinto, and Jack Davis Featured Guest Speakers


HOUSTON, March 5, 2004 (PRIMEZONE) -- Allied Home Mortgage Capital Corporation (AHMCC) celebrated another stellar year of success during its 4th National Convention held February 17-21, 2004 at the Hyatt Regency Hotel Downtown in Houston, Texas. Nearly 1,700 branch managers, loan originators and processors attended the company's event.

The convention celebrated Allied's banner achievements of the last 18 months including:


 -- Providing over $15 billion in residential mortgages in 2003
 -- Being named as one of the "Top 25 Tech Savvy Lending Firms" by
    Mortgage Technology magazine
 -- Enjoying national exposure via AHMCC branch manager Bob Guiney who
    participated and starred in ABC's hit reality shows "The
    Bachelorette" and "The Bachelor"
 -- A third consecutive year of being named the top mortgage broker in
    the U.S. by Broker magazine
 -- Welcoming eMagic as a partner to AHMCC's LOAN EZ web portal for
    loan services and lenders

Additional guest speakers included Jim Madrid from The Entelechy Group, Smart Leads President Jack Davis, mortgage pro Dan Pinto, and AHMCC's own celebrity -- Bob Guiney. In addition to his speech, Guiney signed copies of his autobiography "What a Difference a Year Makes" and 3 Sides -- his self-titled music CD from Wind-Up Records.

A companion trade show featured 120 booths from leading service providers and lenders in the mortgage industry. Sixteen exhibitors were unfortunately turned away due to a lack of space. Both the convention and trade show received rave reviews from attendees.

One hundred and fifteen individual topics were discussed in workshop and breakout sessions offered to attendees (primarily employees of Allied's corporate office and more than 700 national branches) on a variety of mortgage industry related issues. General interest topics such as bass fishing, race car driving, and makeovers were also offered and enjoyed.

"I look forward to our national convention each year. It's such a pleasure to interact with all our employees, business partners and the quality of the event dramatically increases with each outing. This year was no different," former Entrepreneur of the Year Jim Hodge said.

About Allied:

Founded in 1991, AHMCC is the largest privately held mortgage banker/broker in the U.S., with more than 700 offices in 48 states, Guam and the Virgin Islands. It offers a wide variety of mortgage products and services from over 800 lenders.

Allied is a preferred lender on Military.com (the largest military web site on the internet) and the exclusive mortgage lender for Carleton Sheets. In 2003 the company funded over $15 billion dollars in loans and was named as one of "The Top 25 Tech-Savvy Lending Firms" by Mortgage Technology magazine.

For more information about the company, visit Allied's websites at www.branchasap.com, www.mortgageasap.com and its Spanish language site, www.prestamopronto.net.

The Allied Home Mortgage logo can be found at: http://media.primezone.com/prs/single/?pkgid=704



            

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