Mr. Robert L. Labbe

Robert L. Labbe, President of MorCap and former founding attorney for Ditech.com, comments, "In the past twelve (12) months we've conducted analysis on well over 25,000 distressed real estate assets representing billions of USD and are very active participants in the market; our exclusive alliance with TIG to serve the Asian market and their proven access to Asian investors in this space will help us present innumerable investment opportunities to investors in Asia."

Robert L. Labbé - January 10, 2008
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Robert L. Labbé is President of MorCap Fund Advisors, LLC.He can be reached at rlabbe@morcapadvisors.com

MorCap was founded in 2007 by mortgage banking and real estate attorney Robert L. Labbé and is headquartered in southern California.Mr. Labbé is a licensed attorney in both California ('90) and New York ('87) and has been lead attorney for nationwide lenders such as DiTech, First Allegiance, and Lenders Direct over a real estate career spanning two decades.Mr. Labbé has been actively involved as both a senior attorney and top level executive in the management of several billion dollars of residential financing nationwide.

ROBERT L. LABBE ATTORNEY ATTORNEY AT LAW 26072 MERIT CIRCLE SUITE 112 LAGUNA HILLS CA 92653 Phone: (949) 367-8787 Fax:

(949) 367-8785 E-Mail: ROBERT@OMCSOLUTIONS.COM

N. MARK LAM ATTORNEY LEW AND FONG 1103 QUAIL STREET NEWPORT BEACH CA 92660 Phone: (949) 252-9000 Fax:

(949) 252-9292 E-Mail: NMARKLAM@CONCENTRIC.NET

W. GREG LANE ATTORNEY WILLIAM G. LANE, INC., P.C. 18400 VON KARMAN AVENUE STE 500 IRVINE CA 926121514 Phone: (949) 474-9961 Fax:

Robert LabbeMr. Labbe, 42 is President and co-founder of Lenders Republic Financial Corporation, a nationwide specialty finance company located in southern California.Previously, Mr. Labbe was co-founder and President of First Allegiance Financial, a nationwide specialty finance company that was sold to City Holding Company in October of 1997.Previously, he was a corporate attorney, admitted to practice in New York (1987) and California (1990), most notably for DiTech and earlier (1983-88) with Martineau Walker, one of Canada's largest law firms where he has represented clients such as Pepsi-Cola (Canada) and Olivetti (Canada) amongst others.He holds two law degrees from McGill Law School (1982-83) and was valedictorian of St. Lawrence College (1978).Mr. Labbe resides in Newport Beach with his wife Denise and three children.