PSMI Opens New Office in Spokane, WA

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Roswell, NM – August 31, 2010 – (RealEstateRama) — PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company, and a wholly owned subsidiary of PSM Holdings, Inc. (OTCBB: PSMH) today announced the opening of a new office in Spokane, WA.  This marks the first PrimeSource Mortgage office in the state of Washington.

This new office will be led by Carla Scott-Durheim, a highly-respected mortgage professional with more than 20 years of industry experience.  Since 1990, Carla has perfected her mortgage lending practices and created an enormous amount of goodwill with her name in her community.

“Carla is a highly sought after mortgage professional and we are excited to have her join the PrimeSource Mortgage team,” said Jeffrey R. Smith, President and CEO of PSM Holdings, Inc.  ”She will add great value to the entire organization and her office will be instrumental in helping to build the PrimeSource Mortgage brand in the Northwest.”

PSMI is currently licensed in 17 states, and has 30+ branch offices across the United States.  PSMI has an aggressive growth model for 2010 to expand its network across the country.

One reason for PSMI’s continued growth and success is its commitment to personalized customer service embodied in the motto: We Walk You Home.  PSMI offers its clients a personalized experience and walks hand-in-hand with each client through the entire process.

“Our commitment to growth and unprecedented customer service has enabled us to attract some of the best mortgage professionals in the country, and consistently expand our national footprint,” said Smith. “The addition of the latest PSMI office in Spokane that is led by a respected industry veteran like Carla, is a perfect example of how we have been able to grow in spite of the challenging market conditions.”

About PSM Holdings, Inc.

PSM Holdings, Inc., through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI) provides mortgage brokerage and banking services across the United States. PSMI is currently licensed in 17 states from Florida to California, and oversees the operations of 30+ branches across the United States. For more information, visit http://www.psmholdings.com.

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