Stephen H. Anderson is the President of DFI Funding. From 1985 until 1999, Mr. Anderson served as President of the general partner of Investors Mortgage Company, Seattle, Washington, a mortgage banker specializing in sub prime and hard money lending. In 1993, Mr. Anderson was one of ten founding partners of Industry Mortgage Company, Tampa, Florida. Industry Mortgage Company went public in 1995 and in 1999 became part of Citifinancial Group. Prior to 1985, Mr. Anderson served as a partner in various finance and banking related positions, including Vice President, Trust Department, of Seattle-First National Bank. Mr. Anderson holds a B..A. degree from the University of Washington, and is a graduate of that University's Pacific Coast Banking School. Mr. Anderson has been a California licensed real estate broker since 2000.

DIRECT LINE: 510-420-8698

FAX: 760-406-5065

Tiffani Vargas joined DFI Funding as its Vice-President in January 2003. She is responsible for
corporate administration, loan servicing and asset management matters. Ms. Vargas has over 20 years of experience in all facets of non-conforming lending. Prior to joining DFI Funding, she was Vice-President
of Operations at FiCore Mortgage in San Diego after being a Vice-President at The Money Store, a large
national sub-prime lender. Ms. Vargas graduated magna cum laude from Auburn University and obtained an M.B.A. degree from California State University, Sacramento.

DIRECT LINE: 916-782-8995
FAX: 916-782-1685