FOR IMMEDIATE RELEASE

FIRST HOME MORTGAGE CORPORATION ORIGINATES HARMONYLOANS

Correspondent Lender First to Originate and Deliver Consumer-Centric HarmonyLoan from Mortgage Harmony™

TYSONS CORNER, VA. July 26, 2011 (PR Web) – Mortgage Harmony Corp., a provider of innovative residential mortgage products, today announced that First Home Mortgage Corporation is the first correspondent lender to originate and deliver the HarmonyLoan, a consumer-initiated interest rate-resetting mortgage product. HarmonyLoan aligns the interests of consumers and mortgage originators in a way that is unprecedented in the industry. First Home Mortgage Corporation is a mortgage lender headquartered in Baltimore, Maryland, serving the borrowing needs of customers located in states along the east coast.

The HarmonyLoan, designed by Mortgage Harmony Corp., allows borrowers to quickly and easily adjust their interest rates as the market changes, taking advantage of lower interest rates without the expense and hassle of a traditional refinance or new mortgage. They can lower their rate as often as every 120 days with a click of a button, assuming their payment history is solid.

"It is very exciting to offer the consumer centric HarmonyLoan to my customers." said Darran Anthony, First Home Mortgage Area Manager "They quickly recognize the benefits the HarmonyLoan offers – the ability to reset their interest rate at no cost and no hassle. This product is an excellent referral tool and Mortgage Harmony's customer facing HarmonyLoan Central™ website puts me and my Realtors in front of the customer for the life of the loan. This is truly unique in the mortgage industry."

Mortgage Harmony's mission is to create innovative mortgage products that bring greater continuity to all parties in the process and minimize the lender's timeline between product development and launch to homebuyers. The HarmonyLoan removes the costly inefficiencies of the mortgage process and affords greater economic security. Homebuyers can quickly and easily reset their HarmonyLoan by accessing HarmonyLoan Central, a state-of-the-art, 24/7 web-based interface and using the One-Click Rate ChangeTM. Upon resetting, they have the advantage of an at-market interest rate. The engineering of the private label website is designed to provide constant contact between the borrower, real estate agent and loan officer. The mortgage professionals can now stay in front of the customer for the life of the loan.

"The HarmonyLoan Central website will revolutionize the way consumers manage their mortgage and the way loan officers interact with the customer," said Jay Patel, Sales Director of Mortgage Harmony Corp. "This month the first HarmonyLoan was reset by a borrower while on vacation in London, England with just one click of a button. This is the way of the future."

"Today's mortgage lending environment is highly competitive." said Steven Lagana, President of First Home Mortgage Corporation. "We are constantly looking for opportunities to better serve the customer. The HarmonyLoan and the infrastructure that is built around the product will assist us with our customer service goal, while providing our sales professionals a product offering which will dramatically increase our exposure in the marketplace."

About Mortgage Harmony Corp.

Mortgage Harmony Corp. designs, develops and distributes innovative residential mortgage products for mid-size and large banks, credit unions and mortgage companies. Its mission is to create products and services that properly align the economic incentives of all participants of a mortgage transaction and bring long-term stability to the housing finance industry. For more information on Mortgage Harmony and the HarmonyLoan, please visit www.mortgageharmony.com.

About First Home Mortgage Corporation

First Home Mortgage Corporation is a licensed full service mortgage lender, providing processing, underwriting and closing for mortgage on properties in Maryland, Delaware, Virginia, Washington DC, Pennsylvania, Rhode Island, West Virginia, Florida, Georgia, North Carolina, Connecticut, South Carolina, New Jersey, Maine, New Hampshire, Vermont, Tennessee and Massachusetts. For more information, please visit http://www.gofirsthome.com/.

Media Contact

Debra Kaufmann
The Collingwood Group
202.626.9724
dkaufmann@collingwoodllc.com