Flaherty Funding Corp. Announces Promotion

Rochester, NY -- June 21, 2005 -- Flaherty Funding, a Rochester- based mortgage banker, is pleased to announce the promotion of Beth McMahon to Vice President, Operations.

Beth has more than 6 years of experience in the mortgage industry, of these more than three years have been spent at Flaherty Funding. She currently resides in Henrietta, NY with her two daughters. Beth enjoys spending quality time with her girls as well as coaching for their soccer league.

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.