ROSWELL, N.M., Aug. 17 /PRNewswire-FirstCall/ -- PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company, and a wholly owned subsidiary of PSM Holdings, Inc. (OTC Bulletin Board: PSMH) today announced the opening of a new office in Southlake, TX.

This new office will be led by experienced mortgage professional, Joanne Tucker. In addition to being a mortgage professional for the last 17 years, Tucker is a former President and Executive Board Member of the Dallas/Ft. Worth Association of Mortgage Professionals.

"We are able to attract the top mortgage professionals from around the United States because of our focus on customer service," said Jeffrey R. Smith, President and CEO of PSM Holdings, Inc. "The addition of Joanne Tucker to the PrimeSource Mortgage network also offers us name recognition in the Dallas/Ft. Worth Metroplex."

PSMI currently has more than 30 branches across 17 states, and is finalizing licensing in the state of Virginia.

"We expect Dallas/Ft. Worth to be a key market for PSMI, and we have an experienced staff of mortgage professionals at each of our Dallas/Ft. Worth branches to help drive our growth in the region," said Smith.

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 more than 30 branches across the United States. For more information, visit http://www.psmholdings.com.

Forward-Looking Statements:

Certain statements contained herein, including, without limitation, statements containing the words "believes," "intends" and other words of similar import, constitute "forward-looking statements" within the meaning of Section 7A of Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include but are not limited to that we are in the process of furthering several of the key milestones we achieved last year and creating new growth opportunities for PSM Holdings, Inc. and its subsidiaries, and that we will continue to enter new projects and strategic partnerships in 2009. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of PSM Holdings, Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. PSM Holdings, Inc. disclaims any obligation to update or to announce publicly the results of any revision of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments.


    Contact
      Name:        Jeffrey R. Smith
      Title:       President and CEO
      Phone:       575-624-4170
      E-Mail:      jeff@wewalkyouhome.com

SOURCE PSM Holdings, Inc.