Allied Home Mortgage Capital Corp. Honored by Citimortgage for Top 20 National Production


HOUSTON, April 27, 2004 (PRIMEZONE) -- Allied Home Mortgage Capital Corporation (AHMCC) and its more than 700 branch offices were recently honored by Citimortgage for contributing to their Top 20 national ranking for production.

Allied's President Jim Hodge and Sr. Vice President Ron Litt were on hand to accept the Dimensions of Excellence Award presented by Citimortgage's Michael McFarland, Southwest Regional Manager, and Michael Minnis, Western Divsional Sales Director.

Citimortgage is partnering with Allied through GE AUCentral to accept paperless loan packages via GE's Doc Central from the company via Allied's proprietary Loan EZ interface. The partnership and subsequent benefits are expected to go into effect in June 2004.

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.

In 2003 the company funded over $15 billion in loans and was named as one of "The Top 25 Tech-Savvy Lending Firms" by Mortgage Technology magazine. Allied is the exclusive mortgage lender for Carleton Sheets.

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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