COLUMBUS, OH – August 26, 2008 – Residential Finance Corporation (RFC), a nationwide mortgage lender, today announced that mortgage industry expert, Dale Vermillion, has completed a three-day sales leadership training for sales managers and loan officers in the company’s Columbus and Tampa offices. Vermillion has trained more than 250,000 mortgage professionals and consulted many of the nation’s largest and most successful mortgage companies. He leads quarterly training for RFC sales managers and loan officers, supported by monthly conference calls with company managers and executives.

“As Residential Finance continues to grow, we conduct extensive, ongoing training to help each member of our team reach their full potential and provide an even better experience for our customers,” said Residential Finance Corp. President and CEO, Michael Isaacs. “Earlier this year, we logged the best sales month in company history resulting from the combination of Dale’s training, increased investment in new marketing initiatives and additional leads for our loan officers. Dale’s quarterly sales training sessions, coupled with our own ongoing in-house training ensures that our people have the greatest depth of product knowledge, backed with expert sales techniques to help borrowers find the best mortgage option to meet their needs, and provide a smooth process for customers.”

Vermillion’s training programs have been very well received. RFC Senior Mortgage Banker, Daniel Sa, added, "Our main goal at RFC is to provide life-changing loans by helping homeowners get the best possible rates and lowest payments. Explaining the benefits of refinancing to homeowners became much easier after Dale Vermillion came on board."

Dale Vermillion said, “Many mortgage companies are still using the same approach to lending they used during the mortgage boom. The market has changed considerably; Residential Finance is a very unique and progressive company that is really taking the right approach to today’s market. It’s a delight to work with such a fine organization. I applaud their objectives to hire great people and to really do right by their customers.”

About Residential Finance Corp.
 
Residential Finance Corporation (RFC) is the nation's premier home mortgage company specializing in refinance. Founded in 1997 and now serving 26 states, RFC is "Full Eagle" certified by the FHA, offering refinancing borrowers the security and great rates of government-insured home mortgage loans. RFC's investor relationships include some of the nation's largest and most diverse investment banks. From headquarters in Columbus, OH and numerous regional offices, RFC employs hundreds of knowledgeable Home Loan Consultants dedicated to helping consumers find the right home mortgage loan--with the best mortgage rates, terms and costs--to meet each homeowner's unique needs, including individuals with less-than-perfect credit, and those who may have been turned down by other lenders.
 
For more information, contact Residential Finance Corporation, at 800-930-7334.