COLUMBUS, OH – September 30, 2008 – Residential Finance Corporation (RFC), a nationwide mortgage lender, today announced that the company is underwriting the cost of twenty-five employees to volunteer time with LifeTown. The LifeTown program provides a unique interactive environment for special needs children to have fun while role-playing important life skills.

RFC will arrange transportation to the LifeTown school location and pay employees who choose to participate at their normal rate of pay. Participating Residential Finance employees will commit 3-5 hours monthly, interacting with the special needs children as vendors or merchants.

Residential Finance employees will also participate in the 2nd Annual Matthew W. Acton Scholarship Fund tournament on Saturday, September 6, at Pleasant Valley Golf Course in Lancaster, OH. The scholarship was established in memory of a young golfer killed in a tragic accident.

Residential Finance Corp. Chief Marketing Officer, Jessica Manna, said, “Residential Finance is pleased to support and encourage employees as they participate in programs that provide benefit to the community such as LifeTown and the Matthew W. Acton Memorial Golf Outing. These activities build team spirit, while providing greater benefit to the community at large.”

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.