FLAHERTY FUNDING HIRES NEW EMPLOYEE

Rochester, NY -- August 26, 2005 -- Flaherty Funding, a Rochester- based mortgage banker, is pleased to announce the addition of Karen Parker as Operation Specialist.

Karen joins Flaherty Funding with several years of experience in the mortgage and finance industry. She has gained a lot of experience in the industry by working in various places around the country, including Alaska. Originally from California, she currently resides in the Town of Webster with her husband and four children. Karen enjoys lacrosse, bike riding and camping.

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.