Main Street Home Mortgage Corporation Announces the Acquisition of Several New Retail Branch Offices

Chicago, Illinois, August 2007 – Main Street Home Mortgage, the Retail Lending Division of Chicago based Millennium Financial Corporation has announced the opening of several new Retail Lending branches throughout the Midwest and Mid-Atlantic regions. The newly acquired origination capabilities are projected to increase retail loan production and improve the company's resiliency to the ongoing slowing of mortgage origination activity nationwide.

John Morelli, Executive Vice President and COO, commented, "The addition of the newly opened retail offices is consistent with Main Street Home Mortgage’s ongoing strategy of building quality originations both through acquisitions and organic growth. I am very pleased to welcome this team of high quality mortgage originators, managers and operations staff into our corporate family. I am also very impressed by their proven ability to profitably serve customers with a high degree of satisfaction."

The recently acquired operations are located in Illinois, Indiana, and South Carolina.

Main Street Home Mortgage, through it’s parent company Millennium Financial Corporation, are exclusively focused on the origination of residential and commercial mortgage loans. The Company currently sells its loan production to an array of institutional buyers, mortgage lenders, and investment conduits. The Company offers a broad and competitive range of mortgage products that aim to meet the mortgage needs of primarily high-credit-quality borrowers. Its product line includes conventional conforming fixed rate loans, adjustable rate mortgages, government fixed rate loans, jumbo fixed rate loans, non-prime loans, home equity or second mortgage loans, and Alt-A loans.

For more information about Main Street Home Mortgage Corporation or Millennium Financial Corporation, please contact Investor Relations :


Contact:

Kathleen Calumet
Senior Vice President, Investor Relations
Phone: (312) 377-9903
Fax: (312) 377-9900
kcalumet@mshmc.com