MortgageBrokers.com Strengthens its Management Team, Appoints New President

    TORONTO, Nov. 5 /CNW/ - Mr. Alex Haditaghi Chairman and Chief Executive
Officer of MortgageBrokers.com Holdings inc (OTCBB: MBKR - News), one of North
America's leading mortgage brokerage brand and consolidation firms, is pleased
to announce the appointment of Mr. Daniel Putnam, as the President of
MortgageBrokers.com Financial Group of Companies Inc.
    Speaking on the appointment, Alex Haditaghi, Chairman & CEO,
MortgageBrokers.com said that, "MortgageBrokers.com has seen tremendous growth
since its founding just over 3.5 years ago. We believe that we are poised for
our next stage of growth allowing us to join the ranks of the leading Mortgage
and Financial companies in North America. I, along with our entire management
team, am excited to have Dan join us and lead Mortgagebrokers.com towards our
ultimate goal of becoming the undisputed leader in the North America mortgage
market.
    "MortgageBrokers.com has experienced tremendous growth in the Canadian
Mortgage Market. We have a quality management team, a great business model and
a first-class infrastructure that offers ownership for all of our brokers. I
am indeed very excited to join the leadership team at Mortgagebrokers.com as
we pursue our goal of being the trusted choice of mortgage brokers across
Canada for their business needs," said Dan Putnam, the new President of
Mortgagebrokers.com.
    Putnam has over 22 years of experience in the Canadian mortgage industry.
Prior to joining MortgageBrokers.com Dan was Head of Sales for Macquarie
Financial. Prior to Macquarie, Dan was President of Mortgage Centre Canada,
one of Canada's largest mortgage brokerage operations and a division of CIBC
Mortgages Inc. Putnam started his mortgage career as a mortgage specialist in
South Western Ontario and within one year co-founded Tristar Funding
Corporation which quickly grew to become one of Canada's largest mortgage
brokerage operations.

    Cautionary Note Regarding Forward-Looking Statements
    ----------------------------------------------------

    Statements included in this press release, which are not historical in
nature, are intended to be, and are hereby identified as 'Forward-Looking
Statements' for purposes of safe harbor provided by Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be
identified by words including 'anticipate,' 'await,' envision,' 'foresee,'
'aim at,' 'plans,' 'believe,' 'intends,' 'estimates' 'expects' and 'projects'
including without limitation, those relating to the company's future business
prospects, and are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the Forward-
Looking Statements. Readers are directed to the company's filings with the
U.S. Securities and Exchange Commission for additional information and a
presentation of the risks and uncertainties that may affect the company's
business and results of operations. www.sec.gov.

    Jody Janson 1.585.232.5440

    Dan Putnam 416.884.6767 dputnam@mortgagebrokers.com

For further information: Jody Janson, (585) 232-5440; Dan Putnam, (416)
884-6767, dputnam@mortgagebrokers.com