BigBidder.com, a Web site created by LFC Group of Cos. for auctioning notes online, has opened up to a wider investor base, offering open access to qualified investors to purchase individual notes.

“For years institutional firms and savvy investors have bought and sold notes for profit and to
maintain cash liquidity,” stated LFC Senior Vice President Paul Lyons. “We’re breaking away
from the traditional paradigm with this powerful tool allowing individual qualified investors and
small investment consortiums to diversify their portfolios by investing in notes via a fair and
transparent retail process.”

The formidable combination of LFC’s commercial and residential online real estate auction businesses, www.LFC.com and www.FRE.com, and the over 30 years of collective mortgage industry experience resulting in more than $50 billion of loan sales are all
reflected in the BigBidder.com design.

LFC’s development team behind BigBidder.com addressed security and privacy issues by instituting policies and procedures, while creating a user-friendly site for buyers and sellers to transact their business.

"BigBidder.com fills a void in the market for notes," said John Kohler, managing director at
12th Street Capital. "The BigBidder.com business model is unique in the way it delivers price
discovery to the individual investor, which is key to getting their participation. And I think
institutional sellers will see BigBidder.com as an efficient way to reach that broader retail
audience and improve liquidity in their product."

The transparent nature of BigBidder.com helps institutions facing immediate liquidity issues in the current market environment by giving them the the ability to sell notes fast and at the highest possible price.

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