Statement by Richard F. Syron, Chairman & C.E.O. of Mortgage giant Freddie Mac - 2004-04-01
Freddie Mac is disappointed that broad consensus was not concluded on legislation to meet GSE regulatory reform. Freddie Mac remains committed to legislation that creates a strong, independent and credible regulatory oversight structure while ensuring our ability to continue to meet our important housing mission.

We commend Senators Shelby, Sarbanes and other Members of the Committee for their efforts and will continue to work with them toward responsible regulatory reform.
Read the full story at Yahoo News (press release)

Paramount Bank Appoints Bob Waun Private Mortgage Lending Vice-President - 2004-04-01
Paramount Bank has appointed Bob Waun to Vice President, Private Mortgage Lending. Jeffrey Sugg, President of Paramount Bank made the announcement. In this new position, Waun will be
responsible for private mortgage banking and vacation home lending options.

"Bob's goal is to help make Paramount Bank the first choice for second home lending," said Sugg.
Read the full story at PRNewswire (press release)