INDIANAPOLIS, April 25 /PRNewswire/ -- Banc One Mortgage Corporation,
headquartered in Indianapolis, Indiana, has announced the appointment of
David Pipher to Vice President and National Sales Subservicing Manager.
    Pipher will be responsible for sales production in the Subservicing
Division, including attracting new clients and building existing
relationships. He comes to Banc One Mortgage with extensive experience in
sales, specifically financial industry subservicing.
    Pipher most recently served as Senior Vice President, National Marketing
Director for the National Research Center.  His scope of expertise included
all aspects of marketing and corporate direction in the marketplace. Prior to
the National Research Center, Pipher worked for Hamilton Financial Corporation
as Vice President, Marketing in charge of Subservicing.
    "Pipher's unique experience in subservicing is a great addition for us,"
said Al Will, Senior Vice President and Chief Operating Officer of Banc One
Mortgage Corporation. "With David's guidance, we plan to become one of the
premier subservicers of mortgages in the country."
    Pipher graduated from Utah State University and has completed several
other courses since 1988. He is a member of the National Association of Life
Underwriters, American Society of CLU, and Regional West Foundation Board of
Advisors.
    Banc One Mortgage Corporation is a subsidiary of BANC ONE CORPORATION
(NYSE: ONE) which had assets of $101.6 billion in assets and common equity of
$8.2 billion as of March 31, 1997. Banc One Mortgage Corporation operates more
than 200 offices in Arizona, Colorado, Illinois, Indiana, Kentucky, Louisiana,
Maryland, Nevada, Ohio, Oklahoma, Oregon, Texas, Utah, Virginia, Washington,
West Virginia and Wisconsin. In 1996, Banc One Mortgage Corporation reported
origination volume of more than $3.2 billion and $24 billion in servicing
volume.

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