FLAHERTY FUNDING HIRES NEW EMPLOYEE

Rochester, NY -- November 3, 2005 -- Flaherty Funding, a Rochester- based mortgage banker, is pleased to announce the addition of Patricia Simmonds as Senior Mortgage Consultant.

Patricia Simmonds joins Flaherty Funding with more than 14 years of experience in the mortgage industry. She has worked with such lenders as Home Town Funding and IPI Mortgage. Patricia resides in Rochester with her husband, George and three daughters. She has an extensive repertoire of volunteer involvement including various positions on boards and committees within the Rochester City School District and is also a Campaign Coordinator for United Way.

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.