FLAHERTY FUNDING HIRES NEW EMPLOYEE

Rochester, NY -- October 25, 2005 -- Flaherty Funding, a Rochester- based mortgage banker, is pleased to announce the addition of Closing Coordinator, Tyler Spitz.

Tyler Spitz is a graduate of the University of Rochester. Before joining Flaherty Funding, he gained more than three years of experience working at Harris Beach, PLLC as a Real Estate Clerk. Tyler currently resides in the City of Rochester with his fiancée, Alicia, two dogs and two cats. He has a passion for ski racing and is also an avid Buffalo Bills fan.

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.