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Alliance Mortgage to conduct a workshop “Subprime lending on the Internet” at Web-lending.net in Orlando, Florida.

HAYWARD, Calif., March 15, 1999

Alliance Mortgage http://www.alliancemtg.com announced today that its CEO, Sean Saed will conduct a workshop entitled, “Subprime and low to middle income borrowers on the Internet ” on March 31, 1999, in Orlando, Florida, at the Sheraton Studio City.

The conference, produced by the World Research Group, New York, NY, is designed to simplify the marketing of mortgages and processing loans on the Internet. The three day conference and workshops, begins on March 29, 2000 and runs through March 31, 2000 and will be held at at the Sheraton Studio City.

Sean Saed will conduct the Subprime workshop on March 31, at 1:20 p.m. on the topic entitled, “Subprime lending on the Internet low to middle income borrowers.”

“The Internet has grown into many areas of consumer lending and is now having a significant impact on the way Subprime mortgage loans are originated, and approved and handled.” Commented Sean Saed. “In order for the new entrants and mortgage executives to remain abreast and be highly competitive in the rapidly expanding Internet market and its niches, they must take this era of mortgage lending into consideration.”

About Alliance Mortgage

Alliance Mortgage is a leading Internet mortgage company that helps consumers find inexpensive loans.

Since 1992, Alliance Mortgage http://www.alliancemtg.com has been providing loans to people with all types of credit histories. Alliance Mortgage provides these loans through its virtual centralized office, and is a true Internet loan provider with 100% of revenues derived from the Internet. Through its Web site content, tools, and experienced loan staff, Alliance Mortgage simplifies the loan process while passing significant savings to consumers.

Alliance Mortgage has ties to the nation’s top 70 lenders including World Savings (NYSE:GDW – news), Saxon (NYSE:D-news), PCFS (NYSE:PFGI – news), Bank of America (NYSE: BAC-news) Countywide (NYSE:CCR). It is located in the Silicon Valley at 26250 Industrial Blvd., Hayward, Calif. 94545.

Copyright (C) 1999 Business Wire.

Contact :

Alliance Mortgage

Sean Saed,

510/887-1600 sean@alliancemtg.com

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