COLUMBUS, OH - February 10, 2008 - Residential Finance Corporation (RFC) (http://www.residentialfinance.com), a nationwide mortgage lender specializing in FHA refinance, today announced the appointment of Darren S. Fleishman to the newly-created position of Chief Financial Officer. In this position, Fleishman will lead the company’s finance and accounting team and oversee all aspects of financial planning and strategy for the growing home mortgage lender.

"Residential Finance Corp. is a mortgage refinance lender with clear goals and an energetic work force," says Fleishman. "This is a growing business in a part of the financial services economy that is likely to have continued success over the long term. RFC has laid a foundation of sound business practices with a commitment to delivering integrity and customer service excellence. I look forward to my role in providing strategic leadership to help the company scale its front and back-end operations and increase RFC’s overall footprint within mortgage origination."

A seasoned banking and finance industry veteran with expertise in financial analysis and modeling, Fleishman has worked with some of the nation’s largest banking organizations. Most recently, he led the consulting group, Stein Fleishman, and earlier served as first vice president of corporate development at ABN AMRO / LaSalle Bank. Fleishman also served as a senior level consultant at The Cambridge Group and Gemini Consulting/The MAC Group. He holds an MBA degree from The Graduate School of Business, Columbia University, and a degree in finance from the Wharton School of Business, University of Pennsylvania.

"We are pleased to welcome Darren Fleishman as Chief Financial Officer," says Residential Finance Corp. Senior Vice President, David Stein. "Darren brings to RFC tremendous ability and expertise in the world of finance and banking. Working in the investment banking world, and consulting to with some of the nation’s top lenders has given him the unique experience and perspective to help move RFC to the next level."

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.