Low.com Introduces New FHA Verified Leads

Los Angeles, CA. (February 12, 2008) - Low.com™, a leading consumer financial portal that is part of Oversee.net, announced today that it has introduced FHA leads to its lender clients. The new product gives lenders access to verified leads matching FHA criteria. It was developed in response to the growing need for FHA mortgages in the current market environment.

Low.com's FHA leads are unlike any other lead product on the market today because the consumer's information is verified to meet FHA lending criteria using filters for loan amount and credit history. Lenders now have an opportunity to receive FHA-qualified Internet leads for both refinances and purchase transactions. Low.com determines if consumers are FHA-compatible by comparing the requested loan amount to the FHA limits by county and running a credit check. These two filters ensure that the leads are likely to qualify for an FHA loan as they meet all the parameters. To protect consumers, Low.com does not release credit reports to any other party.

Commenting on the new offering, Steve Yi, Vice President of Lead Generation at Oversee.net, said, "FHA plays an essential role in the future of home ownership. Lenders are looking for new ways to serve borrowers, generate business and close loans, especially in light of continuing mortgage trends - tightening margins, tougher underwriting standards and decreasing borrower pipelines. Low.com's new FHA product demonstrates our continuing commitment to be the most dedicated provider of innovative product enhancements in the mortgage space. Our FHA leads are uniquely valuable to lenders because they're based on the consumer's qualification level, rather than their interest."

FHA is playing a pivotal role in today's mortgage market. Its market share in 2007 was estimated at 6% and it is expected to reach 20% in 2008 with modernization and higher loan limits. FHA refinancing has increased 125% over the past year and is expected to increase as more homeowners examine their mortgage options. FHA market share is expected to triple over the next three years.


About Low.com
Low.com, Inc. is a leading consumer financial services portal that specializes in connecting top direct-lenders and large brokers to motivated consumers. Low.com leads generate among the highest percentage of closed loans in the industry. To learn more visit http://www.low.com.

About Oversee.net
Founded in 2000 by Lawrence Ng and Fred Hsu, Oversee.net is a technology-driven online marketing solutions company, with two primary divisions - Oversee Domain Services and Oversee Marketing Services (lead generation). Headquartered in Los Angeles with offices in Portland, Oregon and Pompano Beach, Florida, the Company has over 200 employees. Some of Oversee's key brands include SnapNames®, Moniker™, DomainSponsor™, and LowFares.com™. To learn more, please visit http://www.oversee.net.

Media Relations Contact:
Corinne Forti
Oversee.net Public Relations
805-368-8665
cforti@oversee.net