PSMI Opens New Office in Missoula, Montana

ROSWELL, N.M., Oct. 28 /PRNewswire-FirstCall/ -- PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company in the southwestern United States, and a wholly owned subsidiary of PSM Holdings, Inc., (OTC Bulletin Board: PSMH) today announced the opening of a new branch office in Missoula, Mont.

The new branch office is located at 2825 Stock Yard Rd., Suite A14 in Missoula, and will be led by Christina Witt, an experienced mortgage banker who has been in business many years there.

"Christina runs a high volume office and will be a definite asset to the PrimeSource network," said Jeffrey Smith, President and CEO of PSM Holdings, Inc.

Incorporated in 1991 in Texas, PrimeSource Mortgage, Inc. quickly became a leading mortgage company in the Southwest and is currently licensed across the nation from California to Florida. One reason for the growth and success of this company is its commitment to personalized customer service embodied in the motto, We Walk You Home. Because the mortgage process is so complex and often confusing, the company has chosen to walk hand-in-hand with each client through the entire process.

PSM Holdings, Inc. (OTCBB: PSMH), the parent company, became a publicly traded company in October 2005. As of October 27th, 2009, PSMH has transitioned to become traded as an Over-The-Counter Bulletin Board (OTCBB) stock.

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 34 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.

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