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GreenPoint Mortgage Announces Florida Offices Open After Hurricane Frances Passes

    NOVATO, Calif., Sept. 8 /PRNewswire/ -- GreenPoint Mortgage, one of the
nation's leading specialty mortgage lenders, announces its offices located at
1800 Pembrook Drive, Suite 190 in Orlando and 800 Fairway Drive, Suite 140 in
Deerfield Beach, Fla. are open after the passing of Hurricane Frances.
    "We're fortunate that we did not experience any major damage to our
offices and am pleased to report that none of our employees were injured,"
said Steve Abreu, Executive Vice President of Production and Secondary Markets
for GreenPoint Mortgage. "Our thoughts are with those families who were not as
fortunate. We are devastated by the loss of lives and the damage incurred by
the communities we serve," he added.
    Both offices are open Monday through Friday from 8 a.m. to 6 p.m. The
Orlando office can be reached at 888-834-4828 and the Deerfield Beach office
can be reached at 866-262-3864.

    About GreenPoint Mortgage:
    A subsidiary of GreenPoint Financial, GreenPoint Mortgage, with
originations of more than $33 billion in 2002, originates a wide variety of
exclusively "A" quality loans, including agency qualifying loans and Jumbo A
loans, and specializes in Alternative A mortgages. "Alt A" borrowers meet
Fannie Mae and Freddie Mac standards for credit score, but want flexibility
beyond agency guidelines for documentation requirements, property type, debt
ratio or loan-to-value ratio, and are willing to pay a premium for that
flexibility.
    GreenPoint Financial Corp. (NYSE: GPT), a $22 billion asset bank holding
company, is among the most profitable of the 50 largest banking companies in
the U.S. GreenPoint's businesses, a national mortgage business and a New York
retail bank, are complementary to each other and therefore reduce the cyclical
nature of earnings growth inherent in the financial services industry.
    GreenPoint Bank, a New York State chartered savings bank, is the second
largest thrift depository in the Greater New York area with $13 billion in
deposits in 90 branches serving more than 450,000 households.
    The company can be found on the Internet at http://www.greenpoint.com .


SOURCE GreenPoint Mortgage




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