PSMI OPENS OFFICE IN FT. WORTH, TX

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Roswell, NM – October 30, 2008 – (RealEstateRama) — PrimeSource Mortgage, Inc. (PSMI) continues to expand its operations across the country. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Ft. Worth, Texas. Bill Ward is experienced in the industry, very well established in his community and is the owner and operator of this new PSM branch, operating under the name, American Reverse Mortgage.

Ward brings many years of financial experience to the PrimeSource team, including operating an accounting practice for fifteen years, as well as being involved in real estate. Ward was elected a County Judge in 1967 at the age 27 and was the youngest County Judge in Texas at the time. Ward also has the distinction of being appointed by Governor Dolph Briscoe to serve on the Texas Civil Judicial Council.

After 35 years of serving as County Judge, real estate investing, and mortgage loan business – Ward said that the Reverse Mortgage loan business became his passion. Ward found that the benefits and blessing of assisting his fellow seniors improve the remainder of their lives was his true calling.

Ward is excited to continue to make the dreams of many come true with his new relationship with PrimeSource Mortgage. Ward feels that he is stronger in today’s challenging market because of the support of the PrimeSource network.

Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage company in the Southwest and is currently licensed in 21 states. One reason for the growth and success of this company is its commitment to personalized customer service embodied in the motto: We Walk You Home. Because the mortgage process is so complex and often confusing, the company has chosen to walk hand-in-hand with each client through the entire process.

PSM Holdings, Inc. (PSMH), the parent company, is now a publicly traded company; over-the-counter (OTC) shares became available in October, 2005. Jeffrey Smith, President & CEO, said, “We are excited about the continued growth we are seeing in our company. Mr. Ward is another quality individual joining our network that strengthens our branch ownership ranks”.

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