Residential Finance Corporation Names Sonya Gray Director of Organizational Development

Residential Finance Corporation Names Sonya Gray Director of Organizational

Former Discover and LendingTree Executive Will Oversee Professional
Development, Training, Mentoring and Leadership Programs

COLUMBUS, Ohio, Feb. 25, 2013 (GLOBE NEWSWIRE) -- Residential Finance
Corporation, an award-winning nationwide mortgage lender, has hired Sonya Gray
as the director of organizational development. In that role, she will lead the
company's employee performance and development efforts, including the
management of new hire training, mentoring and leadership programs, and
succession planning.

Gray has extensive experience as a learning and development strategist in the
financial services industry. Prior to joining Residential Finance, Gray served
as senior manager, employee learning for Discover Home Loans, Inc., a
subsidiary of Discover Financial Services, where she led the training of
mortgage staff and the development and design of the company's training
programs. Previously, Gray held similar duties as employee learning director
for LendingTree, LLC, where she managed training staff at all company
locations nationwide. Gray also served as director of training and development
for Baker & Taylor, Inc. a Fortune 250 global information and entertainment
services distribution company.

Gray will work closely with Residential Finance's management to design and
implement training and development programs. "With Residential Finance's
aggressive multi-channel growth plans, Sonya is the perfect choice for this
role," said Mark Fowler, chief revenue officer and vice president of
production. "In particular, Sonya's experience and expertise developing
training programs for high-profile lending organizations will be a huge asset
as we move forward with our expansion."

"I'm excited to join Residential Finance, a company with a solid growth plan
and future," Gray said. "The leadership at Residential Finance is committed to
the professional development of employees, which makes the company a great
place to work and ultimately leads to greater customer satisfaction."

Gray received a bachelor's of science degree in physical education from
Gardner-Webb University and a master's degree in exercise physiology/cardiac
rehabilitation from the University of Georgia.

About Residential Finance Corp. (RFC)

Founded in 1997, Residential Finance Corporation (
offers homeowners and homebuyers nationwide a wide range of home mortgage loan
options, including special lower-rate government-insured FHA and VA loans,
jumbo mortgage loans, and reverse mortgages. The company's highly-trained
staff delivers mortgage expertise and customer service excellence, winning the
company many awards, including Columbus Business First Corporate Caring Award,
Columbus Business Journal Best Place to Work, Florida Trends Best Company in
Florida, American Business Award Sales Department of the Year, Inc Magazine
INC5000 Fastest Growing Company, and American Society of Training and
Development Excellence in Practice. Headquartered in Columbus, Ohio,
Residential Finance has branches throughout the country, and is seeking loan
officers and branch managers to join their network of branches. For more
information about these positions, please visit or email NMLS#1652. Equal Housing Lender. Equal Opportunity Employer.

The Residential Finance Corporation logo is available at

CONTACT: Press Contact
         Mary McGarity
         Strategic Vantage Mortgage Public Relations

Residential Finance Corporation logo
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