Abode Mortgage Corporation
TSX VENTURE : ABD

Abode Mortgage Corporation

March 03, 2008 20:26 ET

Abode Mortgage Corporation Announces Expansion Into Prime Residential Mortgage Lending

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2008) - Abode Mortgage Corporation (TSX VENTURE:ABD) is pleased to announce expansion into the conforming prime mortgage space effective March 3, 2008.

"Abode Mortgage Corporation is excited to introduce an insured prime mortgage offer at competitive rates to compliment our existing product lines. Diversification has always been a goal of the organization, and this initial offer is our first step in becoming a full spectrum residential mortgage lending company," said Chief Executive Officer, Mike Linehan.

About Abode Mortgage Holdings Corp.

Abode Mortgage Holdings Corp. is a public company trading on the TSX Venture Exchange under the symbol ABD, and through its wholly owned subsidiary, Abode Mortgage Corporation, provides mortgages to Canadians. Headquartered in Vancouver, Abode Mortgage Corporation is delivering a new standard of service excellence to the Canadian residential mortgage industry by providing simplified products, consistent underwriting decisions, uniformed pricing and competitive compensation programs.

Information about Abode Mortgage Corporation is available on the Internet at: www.abodecorp.com.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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