TAMPA, FL – October 29 2008 – Residential Finance Corporation (RFC), a nationwide home mortgage lender specializing in refinance, today announced that the company has expanded operations in Tampa with a move to Class A office space at One Metro Center in the MetWest International Office Park. The space was previously occupied by IndyMac Bank, F.S.B. In the move, RFC also increased staff by twenty-five percent.

Residential Finance Corp. Senior Vice President and General Counsel, David Stein, said, “Residential Finance Corp. continues to increase its volume of funded home mortgage loans. Although the mortgage industry is in turmoil, rates are down and our applications are up. We had outgrown our Tampa office with 45 employees, but we have already added new staff and will open at One Metro Center with 60 people. Looking ahead, with nearly 25,000 square feet, this new office space will give us room to eventually double our Tampa-based staff.”

Located at the heart of Tampa’s Westshore Business District, the MetWest International development includes retail and entertainment centers, residential and office space, parks and plazas.

As of October 31, Residential Finance Corp.’s Tampa offices will be located at 4010 Boy Scout Blvd., Suite 600, Tampa, FL 33607. For more information, contact Jessica Manna, Chief Marketing Officer of Residential Finance, at 614-255-4317.

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.