Oak Street's Hudson & Keyse Joint Venture Pays Dividends

Dec. 17, 2003 — Indianapolis, Indiana — Earlier this year, Steve Alonso, Chairman and CEO of Oak Street Mortgage LLC^SM announced a joint venture between Oak Street Mortgage and Hudson & Keyse, L.L.C. After the first ninety days of the joint venture, both companies are pleased with the partnership and its potential for growth.

"Hudson & Keyse is an excellent partner for Oak Street," stated D. Scott Clarke, Executive Director with Oak Street Mortgage. "With the investment capital and business management direction from Oak Street, Hudson & Keyse has been able to shift their approach to the collections marketplace and are positioned to achieve significant revenue growth within the next five years. And when Hudson & Keyse succeeds, Oak Street succeeds."

"We are very pleased with our partnership so far," added Joe Carroll, President and CEO of Hudson & Keyse. "Oak Street has provided the financial marketplace expertise plus access to a large company with investment resources. This has made a significant difference for us. Based on the success of these initial 90 days, we are developing plans to accelerate our growth."

In part, the successful beginning has come from forecasting controls put in place with Oak Street Mortgage's management team assistance. The forecasting controls have put measurable metrics in place, enabling the Hudson and Keyse's team to make more business-based decisions. As a result, they were right on plan for the first 90 days.

In addition, due to Oak Street's management support, Hudson and Keyse can now focus resources on their core competency — recovery and collections. The organization's main strength comes from the quality and experience of management, recovery personnel and staff. With Oak Street's management support, focus can be directed on strengthening their core competency even further. In 2004, plans are to accelerate debt purchases and it is anticipated that current staffing will double by 2006.

The key objective of Oak Street's diversification effort is to create a long term, sustainable financial services business. Hudson and Keyse met Oak Street's investment criteria, which included finding a management team instilled with entrepreneurial enthusiasm and the vision to build a highly successful company that shares Oak Street's core values of performance, customer and employee. Building on the success of the Hudson & Keyse joint venture, Oak Street Mortgage continues to actively seek opportunities to invest growth capital in the financial services sector.

Oak Street provides long-term sustainable financial services to corporations, investors and individuals. Oak Street Mortgage LLC enables homeowners to reach their financial goals — from home loans, to refinancing, to debt consolidation. Oak Street Mortgage now spans 26 states and expects to originate $2.0 billion in mortgage loans by year-end. Additional information may be found at www.oakstreetmortgage.com. Oak Street is headquartered near Indianapolis at 11595 N. Meridian, Suite 400, Carmel, Indiana, 46032.

Oak Street Mortgage Employees Demonstrate Holiday Spirit

Dec. 11, 2003 — Indianapolis, Indiana — The spirit of the holiday season is alive at Oak Street Mortgage as employees participate in two gift-giving programs. At Oak Street, Indiana's fastest growing private company, the employees have taken a "grass-roots" approach to bring holiday cheer to those in need this year.

Before the Thanksgiving holiday, empty boxes were distributed throughout the office space so that donations of canned goods and food pantry items could be deposited. When the donations were collected, 21 boxes of food had been contributed — 4 times the amount collected the previous year. All food pantry donations were then delivered to Wheeler Mission for distribution.

For the Christmas holidays, employees may donate to a holiday fund. For each $5 donated, the employee can "dress-down" in jeans for a week. All proceeds from the holiday fund will be given to the Little Sisters of the Poor, members of an International Congregation, who are dedicated to the service of the elderly and the poor. Oak Street's donations will be earmarked to support the work of Little Sisters of the Poor in Central Indiana.

"Oak Street employees are great people," said Steve Alonso, Chairman & CEO. "The key to our success is the way our employees work with customers and help them find the best way to get a mortgage for a home. They truly care about people. I think the participation of our employees in the two holiday programs is reflective of their wanting to help others."

Corporate partners such as Oak Street are warmly welcomed by non-profit organizations like Wheeler Mission and the Little Sisters of the Poor. Non-profits have had to make budgetary adjustments in light of this year's slow economy. "We are glad to have Oak Street as a partner," said Steve Kerr, Chief Development Officer of the Wheeler Mission. "Their donation is probably close to half a ton of food and will help out more than 50 families. At the Wheeler Mission we work to ensure that critically needed goods such as food are provided to the homeless, poor and needy of Central Indiana. We appreciate Oak Street's confidence in us to make sure their donation is put to the best use possible."

Oak Street Mortgage LLC, headquartered in Carmel, Indiana, provides loans for home purchase, mortgage refinancing, and debt consolidation. An outstanding customer experience, along with a fast, simple loan process, has made the company a leading player in the mortgage industry since its founding in 1999. Now spanning 26 states, Oak Street Mortgage expects to originate $2.0 billion in mortgage loans before the end of 2003. To reach a loan specialist at Oak Street, customers may call Oak Street's national toll-free number, 1-800 LOAN NOW. Additional information can be found at www.oakstreetmortgage.com.

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Oak Street Mortgage Hires National Director of Training

Dec. 1, 2003 — Indianapolis, Indiana — Dennis Trent, Vice President and Chief Operations Officer of Oak Street Mortgage LLC, announced that industry veteran Bob Mansur has been hired as National Director of Training. The newly created position of National Director of Training is in line with Oak Street's attention to employee career satisfaction and fulfillment. Mansur will be the first to hold this position. Oak Street's customer-focused philosophy is an integral part of their culture and a key component of their employee training program. Mansur's primary responsibility will be to create a learning environment and curriculum to support Oak Street's growth, culture and employees.

"Bob comes to us with a great deal of experience in corporate training," stated Trent. "He has a strong background in the mortgage industry as well. I believe he will be a genuine asset to our team and I'm looking forward to working with him."

Mansur, who holds an MBA from the University of California, Davis and a BS in Education from Bridgewater State College, has over 13 years of experience in corporate education and 20 years within the financial services industry. For most of his career, Mansur has formalized employee training programs, established e-learning tools, delivered seminars, and successfully created and executed employee development strategies. He has worked with Household Finance, American General Finance and the Money Store. Most recently, Mansur held the position of Vice President, Employee and Organizational Development at Firstring, Inc., an international call center company servicing credit card and mortgage clients.

"I found Oak Street to be very unique in their approach to the mortgage lending business," said Mansur."What sets them apart for me is their Customer Bill of Rights that each employee must adhere to — and they really live it! Their customers come first. I'm looking forward to providing learning experiences that will continue to develop that strong customer-focused culture."

Oak Street Mortgage LLC, headquartered in Carmel, Indiana, provides loans for home purchase, mortgage refinancing, and debt consolidation. An outstanding customer experience, along with a fast, simple loan process, has made the company a leading player in the mortgage industry since its founding in 1999. It now spans 26 states and expects to originate $2.0 billion in mortgage loans in 2003. To reach a loan specialist at Oak Street, customers may call Oak Street's national toll-free number, 1-800 LOAN NOW. Additional information can be found at www.oakstreetmortgage.com.

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First Oak Street Dream Team Hits the ICE

Nov. 11, 2003 — Indianapolis, Indiana — Last Saturday night was a first for all three — Oak Street Mortgage, the Red Wings and the Penguins. In the center of the Pepsi Coliseum, just one hour before the face-off between the Indianapolis ICE and the Memphis Riverkings, the Indianapolis Junior Ice Hockey Red Wings took on the Penguins in the first Oak Street Mortgage sponsored "Dream Team" playoff.

The Oak Street Mortgage Dream Team, as part of Oak Street's Indianapolis ICE sponsorship, gives youth hockey teams the opportunity to participate in pre-game and intermission events throughout the ICE season. The first of these events was held last Saturday evening. Registration forms for participation in the Dream Team events were mailed to all Central Indiana youth hockey teams. The Red Wings and the Penguins were the first two teams chosen to participate. Both teams are part of the Indianapolis Junior Ice Hockey Association, Mite division for 6-8 year-olds.

"It's a pleasure to be able to bring opportunities like this to our community," said Scott Clarke, Executive Director at Oak Street Mortgage. "The kids get a chance to play hockey in Pepsi Coliseum — the same arena as the ICE, complete with a game announcer and scoreboard operator. Also, each team receives 15 tickets to the ICE game and all participants receive T-shirts and a plaque commemorating their participation. I think it's an extremely positive experience for all involved."

This is the first year Oak Street Mortgage LLC has been a sponsor of the Indianapolis ICE. The sponsorship has opened up a number of avenues for Oak Street and its employees to support activities in the community. The Indianapolis ICE is a minor league professional ice hockey team. They are the Central Hockey League affiliate for the Chicago Blackhawks and the Norfolk Admirals of the American Hockey League.

About Oak Street Mortgage
Oak Street Mortgage LLC, headquartered in Carmel, Indiana, provides loans for home purchase, mortgage refinancing, and debt consolidation. An outstanding customer experience, along with a fast, simple loan process, has made the company a leading player in the mortgage industry since its founding in 1999. Oak Street now spans 25 states and expects to originate $2.0 billion in mortgage loans in 2003. To reach a loan specialist in Oak Street's office, customers may call Oak Street's toll-free number, 1-800-LOAN-NOW. Additional information can be found at www.oakstreetmortgage.com.

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Oak Street Mortgage Hires Mark Hemauer as Director, Program Management

Oct. 23, 2003 — Indianapolis, Indiana — Dennis Trent, Vice President and Chief Operations Officer, is pleased to announce that Mark Hemauer has joined Oak Street Mortgage as Director, Program Management. Hemauer will be responsible for overseeing the Program Management Office operations at Oak Street.

"We are pleased to have Mark on the Oak Street team," noted Trent. "As Oak Street continues to grow, adding people of Mark's caliber to our team will be a major asset." Oak Street created their Program Management Office (PMO) to facilitate effective and efficient execution of their key projects in order to achieve their business objectives. Specifically, Hemauer will act as a focal point for projects, create a consistency of practice, provide status and progress to the Senior team and ensure the delivery of promised results — on time and within budget.

Mr. Hemauer comes to Oak Street with 17 years of experience in program and project management, business analysis, and process architecture. Most recently, he was a Partner in the System Consulting Group at Crowe, Chizek and Company LLC. At Crowe, Chizek and Company, Hemauer was accountable for the planning and execution of client service delivery for the systems consulting unit. He and his team of consultants provided clients with valued business solutions while establishing new and improved processes with performance metrics to gauge Crowe's group profitability and staff utilization.

"I am excited to be a part of the Oak Street Mortgage family," said Mr. Hemauer. "During the recent boom in the mortgage industry, Oak Street Mortgage created an exciting and refreshing approach to mortgage lending. Oak Street's focus on the customer was particularly intriguing to me. It looks like it's proving to be a winning formula and I'm pleased to be part of that."

Mr. Hemauer received his degree in Computer Science from Purdue University in West Lafayette, Indiana. He is APICS certified in Production and Inventory Management and is Microsoft Business Solutions certified in Customer Relationship Management. Additionally, Mr. Hemauer has a professional affiliation with the American Production and Inventory Control Society.

Oak Street Mortgage LLC, headquartered in Carmel, Indiana, provides loans for home purchase, mortgage refinancing, and debt consolidation. An outstanding customer experience, along with a fast, simple loan process, has made the company a leading player in the mortgage industry since its founding in 1999. It now spans 25 states and expects to originate $2.0 billion in mortgage loans in 2003. To reach a loan specialist at Oak Street, customers may call Oak Street's national toll-free number, 1-800 LOAN NOW. Additional information can be found at www.oakstreetmortgage.com.

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Oak Street Mortgage Sponsors Indianapolis ICE

Oct. 21, 2003 — Indianapolis, Indiana — D. Scott Clarke, Executive Director, announced today that Oak Street Mortgage LLC has become a sponsor of the Indianapolis ICE for the 2003-2004 Season. Although the sponsorship is the first of such activities for Oak Street Mortgage, it fits nicely with Oak Street's interest in being involved in the community. This sponsorship will offer many new opportunities for several Oak Street employees who coach and volunteer for various Central Indiana youth hockey programs.

"The Indianapolis ICE sponsorship gives us new avenues to support activities in our community," stated Clarke. "I'm particularly excited about the Oak Street Mortgage Dream Team which, as part of the sponsorship, gives youth hockey teams the opportunity to participate in pre-game and intermission events throughout the ICE season. Five times during the ICE season, two Central Indiana youth hockey teams will be chosen to be part of the Oak Street Mortgage Dream Team, with all participants receiving 'Dream Team' T-shirts, tickets to the ICE game and commemorative plaques for the intermission shootout event."

The Indianapolis ICE is a minor league professional ICE hockey team. The ICE has just recently signed an affiliation agreement with the Chicago Blackhawks organization for the 2003-04 season. The ICE will be the Central Hockey League affiliate for the Blackhawks and the Norfolk Admirals of the American Hockey League. The ICE will open training camp the week of October 6-10 and the team takes the ICE for its home opener on Saturday, October 18 when the team hosts the Shreveport Mudbugs at 7:00 p.m. at the Pepsi Coliseum.

About Oak Street Mortgage
Oak Street Mortgage LLC, headquartered in Carmel, Indiana, provides loans for home purchase, mortgage refinancing, and debt consolidation. An outstanding customer experience, along with a fast, simple loan process, has made the company a leading player in the mortgage industry since its founding in 1999. Oak Street now spans 25 states and expects to originate $2.0 billion in mortgage loans in 2003. To reach a loan specialist in Oak Street's office, customers may call Oak Street's toll-free number, 1-800-LOAN-NOW. Additional information can be found at www.oakstreetmortgage.com.

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Oak Street Mortgage Opens 28th Office in Schaumburg, Ill.

Oct. 9, 2003 — Indianapolis, Indiana — Oak Street Mortgage LLC, Indiana's fastest growing company, is opening its 28th branch office in the northwest Chicago suburb of Schaumburg, Illinois.

"We chose Schaumburg because it's a solid suburban location from which to draw top talent," said Steven Alonso, Chairman and CEO of Oak Street Mortgage. "We're very excited about having greater access not only to the Illinois market, but to other states as well.

"Oak Street's Schaumburg office is opening with a staff of 10 employees. We're forecasting our staff to increase to 40 by the end of 2004," said Shawn Greve, Director of Lending at the new office. "People like this area, and we feel that this location will make it easier for us to hire the best of the best and give them the tools to succeed," said Greve.

The Oak Street Mortgage office is located at 1475 East Woodfield Road. Oak Street Mortgage LLC, headquartered in Carmel, Indiana, provides loans for home purchase, mortgage refinancing, and debt consolidation. An outstanding customer experience, along with a fast, simple loan process, has made the company a leading player in the mortgage industry since its founding in 1999. It now spans 25 states and expects to originate $2.0 billion in mortgage loans in 2003.

"What sets Oak Street Mortgage apart from our competitors is our culture and values," said Alonso. "Quite simply, our customers come first."

That customer-focused philosophy is an integral part of the new Schaumburg lending office. "We have a Customer Bill of Rights that each employee must adhere to," Greve said. "It's more than ink on paper — we really live it."

To reach a loan specialist in Oak Street's Schaumburg office, customers may call Oak Street's national toll-free number, 1-800 LOAN NOW. Additional information can be found at www.oakstreetmortgage.com

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Great Western Changes Name to Oak Street Mortgage

Sept. 29, 2003 — Plano, Texas— Wholesale mortgage lender Great Western Loans & Investments, LP is changing its name to Oak Street Mortgage. Great Western Loans & Investments, LP was a joint venture initiated in June 2001 by Great Western Financial Services, Inc., and Oak Street Mortgage LLC. Since 2001, Great Western Loans & Investments has grown significantly.

"We've built a business on providing what our broker partners want most: experience, a first-class operations center, and a broad range of products," said chief executive officer Richard Cieszinski. "As part of the Oak Street Mortgage network, we'll be able to offer brokers more resources than ever. Our name change reflects these enhanced capabilities."

As Great Western, the company has been financing loans for over 20 years. As Oak Street Mortgage, it will continue to offer a full line of attractively priced non-conforming mortgages for home purchase and refinancing, as well as equity loans. The Oak Street Mortgage name fits the way Great Western has and will continue to do business — friendly and approachable. This latest move is the next step in meeting their growing needs and building a brand under the Oak Street Mortgage name.

The newly renamed firm is a subsidiary of Oak Street Mortgage LLC, Carmel, Indiana, a diversified financial services company. Under its new name, the wholesale lender will continue to maintain offices in Reno, Albuquerque, and Tulsa, with headquarters at 5408 W. Plano Parkway, Plano, Texas 75093.

About Oak Street
Oak Street provides financial services to corporations, investors and individuals. Headed by former Bank One group vice president Steven Alonso, Oak Street Mortgage LLC enables homeowners to reach their financial goals—from home loans, to refinancing, to debt consolidation. Oak Street Mortgage now spans 25 states and expects to originate $2.0 billion in mortgage loans by year-end. Additional information may be found at www.oakstreetmortgage.com. Oak Street is headquartered near Indianapolis at 11595 N. Meridian, Suite 400, Carmel, Indiana, 46032.

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Oak Street Mortgage Named Fastest Growing Company

Sept. 19, 2003 — Indianapolis, Indiana — Achieving a phenomenal 2,112-percent revenue growth from fiscal year 2000 to 2002, Oak Street Mortgage was recently named the Indianapolis Business Journal's fastest-growing Indianapolis-area private company.

"The key to our success is really very simple," stated Steve Alonso, Chairman and CEO of Oak Street Mortgage LLC^sm. "We focus on our employees and our customers. We focus on our employees by hiring the best and giving them the environment and opportunity to achieve their best. We focus on our customers by providing them excellent, customer-driven service. Our customers are 'middle America' — good, solid citizens. We're pleased we've been able to help so many people."

As a young company with deep roots in the mortgage business, Oak Street is an uncommon combination of sound financial practices and innovative ways of operating. Founded in 1999 by Steve Alonso, former president of Bank One Consumer Financial Services, Oak Street has built a mortgage lending business from the ground up, investing in the industry's best technology, people, and processes. At the same time, the company has partnered with strong, mid-sized mortgage lenders to capitalize on efficiencies of scale while developing niche markets and targeted customer segments.

Oak Street Mortgage LLC is also becoming one of the fastest-growing financial services firms. In April this year, after announcing its plan to create a financial services business model that would be sustainable over the long term, Oak Street embarked on a joint venture in mid-August with Hudson & Keyse, Inc., a Painesville, Ohio retail / commercial debt recovery service. Shortly following on August 29, Oak Street launched Oak Street Funding, a new financial services business to provide business development loans to insurance professionals.

Oak Street continues to see its product offerings and mortgage loan pipeline staying strong. "We have many products, many channels and established relationships with our customers," stated D. Scott Clarke, Oak Street Mortgage Executive Director of Business Development. "As industry veterans, we understand that, even for the best in this field, mortgage lending can be a cyclical business. We have diversified the company in order to leverage our position and ensure long-term sustainability."

With the new diversified service structure, Oak Street provides financial services to corporations, investors and individuals. Oak Street Mortgage LLC enables homeowners to reach their financial goals — from home loans, to refinancing, to debt consolidation. Oak Street Mortgage now spans 24 states and expects to originate $2.0 billion in mortgage loans by year-end. Additional information may be found at www.oakstreetmortgage.com. Oak Street is headquartered near Indianapolis at 11595 N. Meridian, Suite 400, Carmel, Indiana, 46032.

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Oak Street Diversifies to Build Long-Term Sustainability - Launches Oak Street Funding

August 29, 2003 — Indianapolis, Indiana — D. Scott Clarke, Executive Director, announced today that Oak Street, one of the fastest growing companies in the mortgage industry, has launched Oak Street Funding. Oak Street Funding is the second step in Oak Street's diversification strategy. Oak Street Funding will provide loans to insurance professionals for business development. Oak Street Funding will be headed by Rick Dennen, Director of Corporate Development. (See www.oakstreetfunding.com.)

Earlier this year, under Clarke's direction, Oak Street considered leveraging their mortgage industry position to build a more diversified business structure. This strategy has been developed to create a long term, sustainable financial services business. As a first step of their diversification initiative, Oak Street began a joint venture with a Cleveland, Ohio collection company in August. Now Oak Street Funding offers additional opportunities.

"We set our course early in 2003 to diversify the revenues of the company," stated D. Scott Clarke, Executive Director. "We are aggressively looking at a variety of diversification options. The creation of Oak Street Funding fits exceptionally well with our strategy. It will allow us to tap into our strengths in investment and financial services, as well as leverage our knowledge in the insurance industry."

"Oak Street has enjoyed significant growth in the mortgage sector over the past couple years," added Dennen. "We made the decision to diversify the company in order to solidify our long-term sustainability. Oak Street Funding will take us into what we believe is an undeserved market space. Insurance professionals have relatively few channels from which to obtain commercial loan products targeted specifically for them. Oak Street Funding will fill that gap."

The lending programs are intended to provide insurance agents, agencies and potentially carriers with the immediate capital funding needed to invest in their business. The loans will leverage the agent's future commissions, allowing them to tap into their books of business as the equity for their future. The funds can be used for hiring associates, developing leads, upgrading office technology, or even acquiring another company.

Oak Street Funding, as with Oak Street Mortgage, will focus on placing their customers' experience first. Rick Dennen, who will be President of the newly formed Oak Street Funding, firmly believes that building strong customer relationships and understanding customer strategies for growth are critical to business success. Providing the customer with an expedient lending experience will be their key differentiator. Customers may reach Oak Street Funding by calling their national, toll-free number, 1-866-OAK-FUND. Oak Street Funding is headquartered near Indianapolis at 11595 N. Meridian, Suite 450, Carmel, IN 46032. Additional information may be found at www.oakstreetfunding.com.

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Oak Street Mortgage Concentrates on Customer Experience

August 25, 2003 — Indianapolis, Indiana — Continuing to place their customers' experience first, Oak Street Mortgage has taken the initiative to move customer satisfaction one step further. Oak Street has hired The Customer Loyalty Research Center (CLRC), a division of the consulting firm Keene/Paison & Company, to manage a monthly customer experience feedback program. The program will survey customers at all phases of the mortgage loan process. By looking at the entire customer experience, Oak Street will be able to determine customer preferences and their relationship to loyalty. "Providing the customer with an excellent mortgage lending experience has always been Oak Street's priority. Indeed, we believe it is a differentiator," said Sharon Robbins, Director of Marketing. "Our new approach is more detailed than our previous customer satisfaction survey. We will be able to draw conclusions and really focus in on different aspects of our customers' experience throughout the mortgage lending process."

"Building strong customer relationships and understanding customer attitudes and perceptions is critical to business success," said Allen R. Paison, a partner at The Customer Loyalty Research Center. "Companies with committed, loyal customers are often propelled into market leadership. They understand their customers and can predict what they'll do before they do it. This will be an invaluable tool for Oak Street Mortgage and a huge benefit to their customers."

Oak Street went through an extensive search and review process to find the right partner with which to work. Ultimately, they selected the Customer Research Loyalty Center based upon their experience and expertise. The Customer Loyalty Research Center specializes in the design, analyses, and management of customer loyalty information systems, providing valuable services over and above customer satisfaction measurements. They are committed to helping companies understand how to grow satisfied customers into loyal customers. Oak Street and CLRC look forward to a strategic, long-term relationship.

About Oak Street Mortgage
Oak Street Mortgage LLC enables homeowners to reach their financial goals by offering home purchasing, mortgage refinancing, and debt consolidation. Oak Street's excellent customer experience along with an easily understandable, simple and quick loan process makes them a leading player in the mortgage industry. Under the leadership of Steven Alonso, former Bank One Consumer Lending Group President, Oak Street Mortgage LLC now spans 24 states and expects to originate $2.0 billion in mortgage loans by year-end. Customers may reach Oak Street Mortgage by calling their national, toll-free number, 1-800 LOAN NOW.

Oak Street Mortgage LLC is headquartered near Indianapolis at 11595 N. Meridian, Suite 400, Carmel, IN 46032. Additional information may be found at www.oakstreetmortgage.com.

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Oak Street Moves on Diversification Strategy

August 19, 2003 — Indianapolis, Indiana — Steve Alonso, Chairman and CEO of Oak Street Mortgage LLC announced today a joint venture with Hudson & Keyse, Inc., a retail/commercial debt recovery service. Oak Street is one of the leading players in the mortgage industry, building a solid management team and enjoying significant growth in the mortgage sector over the past couple years.

"Consistent with Oak Street's diversification strategy, we have been actively seeking opportunities to invest growth capital in the financial services sector that will enhance our shareholder's value," said Alonso. "Hudson & Keyse is an excellent fit for Oak Street. They have run a solid business since 1984. With the investment capital and business management direction from Oak Street Investment Services, Hudson & Keyse, L.L.C. will achieve significant revenue growth within the next five years."

"Oak Street brings us access to an excellent management team as well as key relationships in the banking industry," said Joe Carroll, President/CEO of Hudson & Keyse. "By leveraging those relationships and moving towards more purchased debt in our portfolio, I believe we are positioned to achieve significant growth in the near future as well as the long term."

Hudson & Keyse, Inc., located in Painesville, Ohio, currently serves a client base consisting of more than 2,000 banks, credit unions, professionals and commercial/retail businesses nationwide. They are a member of the American Collectors' Association, the Ohio Collectors' Association and the Greater Cleveland Growth Association. Their main strength as an organization comes from the quality and experience of their management, recovery personnel and staff. Their management has a combined 44 years of experience in the collection industry and recovery managers (collectors) have a minimum of five years of experience in the collection industry. This management team will remain intact, as part of Oak Street. Joe Carroll will be President/CEO of Hudson & Keyse, L.L.C.

The key objective of Oak Street's diversification effort is to create a long term, sustainable financial services business. Hudson and Keyse met Oak Street's investment criteria, which included finding a management team instilled with entrepreneurial enthusiasm and the vision to build a highly successful company that shares Oak Street's core values of performance, customer and employee.

About Oak Street
Oak Street provides long-term sustainable financial services to corporations, investors and individuals. Oak Street Mortgage LLC enables homeowners to reach their financial goals — from home loans, to refinancing, to debt consolidation. Oak Street Mortgage now spans 24 states and expects to originate $2.0 billion in mortgage loans by year-end. Additional information may be found at www.oakstreetmortgage.com. Oak Street is headquartered near Indianapolis at 11595 N. Meridian, Suite 400, Carmel, IN 46032.

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Oak Street Mortgage Opens New Branch Office in Greenville, SC

July 28, 2003 — Indianapolis, Indiana — Steve Alonso, Chairman and CEO of Oak Street Mortgage LLC, announced today the opening of a new branch office in Greenville, South Carolina. Called the "rising star" of the South, Greenville is located between Atlanta, Georgia and Charlotte, North Carolina. With this new branch office, Oak Street now spans 24 states, operating 30 branch offices.

"Greenville is in the center of the Southeastern region and is considered the nation's next 'mega-growth corridor.'" noted Alonso. "Although we've had a presence in the Southeastern United States, particularly in Florida, opening this branch will significantly boost our visibility in this area. I am excited about the opportunity the Greenville office will provide us in the mortgage lending market."

"The new branch office is the perfect extension of Oak Street's growth," said Glenn Brunker, Executive Director of Retail Sales for Oak Street Mortgage. "Our approach to the mortgage market will be successful because we work to give our customers the best mortgage lending experience possible. The new Greenville branch office team is customer focused. That's Oak Street's trade mark."

The new Oak Street branch office is located on Executive Center Drive in Greenville. With its growing number of international businesses, Greenville is recognized as a business, high-tech, manufacturing and engineering center. Its customers may reach the new Greenville branch office by calling Oak Street's national, toll-free number, 1-800 LOAN NOW.

About Oak Street Mortgage
Oak Street Mortgage LLC enables homeowners to reach their financial goals by offering home purchasing, mortgage refinancing, and debt consolidation. Oak Street's excellent customer experience along with an easily understandable, simple and quick loan process make them a leading player in the mortgage industry. Under the leadership of Steven Alonso, former Bank One Consumer Lending Group President, Oak Street Mortgage LLC now spans 24 states and expects to originate $2.0 billion in mortgage loans by year-end. Oak Street Mortgage LLC is headquartered near Indianapolis at 11595 N. Meridian, Suite 400, Carmel, IN 46032. Additional information may be found at www.oakstreetmortgage.com.

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Oak Street Mortgage Launches Multi-Media Ad Campaign

July 23, 2003 — Indianapolis, Indiana —/PRNewswire/ Oak Street Mortgage LLC(SM), one of America's fastest growing mortgage lenders, announced that it has launched its first comprehensive multi-media advertising campaign. Dubbed "Signs," the campaign will leverage radio and television media as well as web-based, real-time video. Ron Foth Advertising (RFA), Oak Street's advertising agency of record, developed the campaign. The campaign is targeted at home purchasing and mortgage refinancing customers and is expected to simultaneously drive results and build Oak Street's corporate brand. An introductory view of the campaign can be seen at www.oakstreetmortgage.com.

"Right now, the mortgage industry is extremely competitive, and as long as interest rates remain low, it will continue to be," stated Sharon Robbins, Oak Street Director of Marketing. "We wanted to develop an ad campaign that would resonate with our customers, reflect Oak Street's image, and create an emotional connection similar to the way we connect with our customers during the loan process. I'm excited to see this campaign come to life."

Oak Street is uniquely positioned to succeed and to take advantage of the mortgage lending market potential now and into the future. The company is focused on providing the best overall financial solutions tailored specifically to each customer. Oak Street plans to continue to create strategic, broadcast advertising and promotional campaigns. These campaigns are targeted to grow the business further and faster, ultimately giving Oak Street the opportunity to help more customers meet their financial goals.

About Oak Street Mortgage
Oak Street Mortgage LLC enables homeowners to reach their financial goals by offering home purchasing, mortgage refinancing, and debt consolidation. Oak Street's excellent customer experience along with an easily understandable, simple and quick loan process make them a leading player in the mortgage industry. Under the leadership of Steven Alonso, former Bank One Consumer Lending Group President, Oak Street Mortgage LLC and affiliates now cover 24 states and are on track to originate $2.0 billion in mortgage loans by year-end.

Oak Street Mortgage LLC is headquartered near Indianapolis at 11595 N. Meridian, Suite 400, Carmel, IN 46032. Additional information may be found at www.oakstreetmortgage.com.

SOURCE: Oak Street Mortgage LLC/CONTACT: Sharon Robbins, Director of Marketing, Oak Street Mortgage LLC(SM),1-317-805-3140, Sharon.robbins

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Oak Street Mortgage Opens New Branch Office in Bethlehem, PA

July 7, 2003 — Indianapolis, Indiana — Steve Alonso, Chairman and CEO of Oak Street Mortgage LLC(SM), announced today the opening of a new branch office in Bethlehem, Pennsylvania, just an hour north of Philadelphia. At the same time, Mr. Alonso announced that Oak Street has started doing business in Maryland. With these changes, Oak Street now spans 27 states, operating 29 branch offices. A full listing of Oak Street's locations can be found at http://www.oakstreetmortgage.com.

"Oak Street's growth continues at an outstanding pace. And, although we've had a presence in the Eastern United States, opening a branch in Bethlehem, Pennsylvania as well as doing business in Maryland will boost our visibility in this region significantly," noted Alonso. "Bethlehem neighbors the East Coast's major markets and gives us access to one-third of the U.S. population. I am excited about the opportunity the Bethlehem office will provide us in the mortgage lending market."

"The Bethlehem branch office is the perfect extension of Oak Street's growth," said Glenn Brunker, Executive Director of Retail Sales for Oak Street Mortgage. "I am confident that increasing our presence in the Philadelphia-New York metropolitan area will be successful as a result of our approach to the mortgage market. The Oak Street approach closely aligns with our 'brand' image. We work together to give our customers the best mortgage lending experience possible. The new Bethlehem branch office team has already adopted the customer focus that is Oak Street's trade mark."

The new Oak Street branch office is located on Valley Center Parkway, in Bethlehem, in Lehigh County, Pennsylvania. Lehigh County is positioned in the corridor between Philadelphia and New York City, with quick and easy access to both of these major metropolitan areas. The "super highway and railway" networks and strategic geographic location of Bethlehem help make these markets 100 percent accessible. Customers may reach the Bethlehem branch office by calling Oak Street's national, toll-free number, 1-800 LOAN NOW.

About Oak Street Mortgage
Oak Street Mortgage LLC enables homeowners to reach their financial goals by offering home purchasing, mortgage refinancing, and debt consolidation. Oak Street's excellent customer experience along with an easily understandable, simple and quick loan process make them a leading player in the mortgage industry. Under the leadership of Steven Alonso, former Bank One Consumer Lending Group President, Oak Street Mortgage LLC now spans 27 states and expects to originate $2.0 billion in mortgage loans by year-end.

Oak Street Mortgage LLC is headquartered near Indianapolis at 11595 N. Meridian, Suite 400, Carmel, IN 46032. Additional information may be found at http://www.oakstreetmortgage.com.

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AABCO Mortgage Loans & Investments Changes Name to Oak Street Mortgage

June 2, 2003 — Indianapolis, Indiana — Steve Alonso, Chairman and CEO of Oak Street Mortgage LLC, announced today that their subsidiary, AABCO Mortgage Loans & Investments, will be changing its name to Oak Street Mortgage LLC. AABCO Mortgage Loans & Investments, headquartered in St. Petersburg, Florida, has been piloting doing business under the Oak Street Mortgage name since February of this year. The pilot program has been so successful that all of the AABCO branch offices throughout Florida will be changing their name.

"AABCO Mortgage Loans & Investments is one of the largest mortgage lending firms in Florida," noted Alonso. "In 2000, we were able to bring AABCO Mortgage Loans & Investments over as part of the Oak Street Mortgage family of companies. This year, AABCO celebrates 26 years of providing mortgage loans to customers. We are pleased and excited that the AABCO branch offices will be changing their name to Oak Street Mortgage. The Oak Street name gives us a company 'brand' that closely aligns with the type of customer experience we provide and will continue to provide in the future."

"Oak Street Mortgage is one of America's most customer-friendly financial services providers," said Glenn Brunker, Oak Street's Executive Director of Retail Sales at the AABCO, now Oak Street, office in St. Petersburg, Florida. "Our customers rate us highly compared to other mortgage lenders. At AABCO, the lending process has always started by listening to customers' needs. At Oak Street, the lending process is reflective of the Oak Street name — friendly, approachable and customer oriented. We believe the Oak Street Mortgage name fits the way AABCO Mortgage has and will continue to do business."

AABCO Mortgage Loans & Investments opened its doors in 1976 as a one-person operation. AABCO operated branch offices throughout Florida including their headquarters in St. Petersburg, Florida. In 2000, AABCO became part of the Oak Street Mortgage LLC family of companies. AABCO focused on providing mortgage loan services throughout Florida. Now, with Oak Street's presence in 24 states, this latest move is the next step in meeting their customers' growing needs.

Oak Street Mortgage LLC enables homeowners to reach their financial goals — from home purchasing, to refinancing, to debt consolidation. Oak Street's ability to provide an excellent customer experience along with an easily understandable, simple and quick loan process make them a leading player in the mortgage industry. Under the leadership of Steven Alonso, former Bank One Consumer Lending Group President, Oak Street Mortgage LLC now spans 24 states and expects to originate $1.6 billion in mortgage loans by year-end.

Oak Street Mortgage LLC is headquartered near Indianapolis at 11595 N. Meridian, Suite 400, Carmel, IN 46032.

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