Press Release & News

FOR IMMEDIATE RELEASE

Abode Mortgage Corporation Annouces the Renewal of an $80 Million Credit Facility With Deutsche Bank AG

VANCOUVER, BRITISH COLUMBIA - Abode Mortgage Corporation (TSX VENTURE:ABD), announced today that it has renewed its existing $80 million revolving warehouse credit facility with Deutsche Bank AG.

"We are extremely pleased to renew the warehouse facility and to be continuing to work with such a strong and well-regarded partner as Deutsche Bank," said Mike Linehan, Chief Executive Officer of Abode Mortgage Corporation.

About Abode Mortgage Holdings Corp.

Abode Mortgage Holdings Corp. is a publicly traded company on the TSX Venture Exchange under the symbol ABD, and through its wholly owned subsidiary, Abode Mortgage Corporation, provides residential mortgage financing to Canadians in the markets we serve. Headquartered in Vancouver, Abode Mortgage Corporation is delivering a new standard of service excellence to the Canadian residential mortgage industry by providing simplified products, consistent underwriting decisions, competitive pricing and compensation programs. The company launched its lending operations in Western Canada and recently expanded into the Province of Ontario.

Information about Abode Mortgage Corporation is available on the Internet at: www.abodecorp.com.

For further information, contact:

Mike J. Linehan
CEO
Abode Mortgage Holdings Corp.
Telephone: 604.642.2633
Email: ir@abodecorp.com

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