FNAMS Chosen Exclusive REO Outsourcer for ABN-AMRO

July 1, 2002

With the transfer of the REO assets of its subsidiary, Standard Federal Bank, Troy, Michigan, FNAMS has become the exclusive REO outsourcer of ABN-AMRO Mortgage Group, formerly known as Atlantic Mortgage, as of July 1, 2002.

FNAMS has provided quality REO outsources services for ABN-AMRO for approximately two years. Leading the AMB-AMRO FNAMS Team is Cory Channell, Sr. Asset Manager, assisted by Bryan Lofland, Lead Technician. Susan Dean has been appointed Closer and Scott Benda, Title Curator.