Flaherty Funding Corp. Announces Promotion

Rochester, NY -- April 13, 2005 -- Flaherty Funding, a Rochester- based mortgage banker, is pleased to announce the promotion of Barb Walczak to Vice President, Finance and Compliance.

Barb has been with Flaherty Funding for more than four years. She has more than 20 years of experience in accounting and management. Barb currently resides in Penfield, NY with her husband.

Flaherty Funding Corporation is a Licensed Mortgage Banker, with the New York State Banking Department. The company was founded in 1987 and has maintained the unique mission, of providing personalized, customized mortgage loans, while at the same time, offering low rates. If you'd like more information on employment opportunities with Flaherty Funding, visit www.flahertyfunding.com.

For more information contact: (585) 613-4707.