8.05.2003 ET

(CSRwire) STONE MOUNTAIN, GA - GoodCents Solutions(R) and Chase(R) Manhattan Mortgage Corporation (CMMC) have announced a major effort to increase the number of customer applications for the special mortgage product Chase offers to buyers of energy efficient homes.

The GoodCents Mortgage(R), which has been available to consumers since 1995, is a collaborative effort between Chase, the retail financial services franchise within J.P. Morgan Chase & Co, and GoodCents Solutions. It is estimated that more than $55 million has been written for homebuyers, who have taken advantage of the product since its introduction. Chase offers a $500 discount on closing costs to buyers of homes that have been built to the GoodCents and other recognized energy efficiency standards. GoodCents Solutions is also extending its programs that offer builders and contractors the education and information needed to become part of the program.

"We are expanding our efforts to make sure that potential homebuyers, builders and Chase loan offices around the country are aware of this exciting offer," said Geoff Hartman, program manager for GoodCents Solutions. "With more and more homes being built to energy efficient standards, and with more consumers than ever looking for these features, we believe the GoodCents Mortgage is a superb product."

GoodCents(R) is one of the most recognized energy brands in the United States. GoodCents Solutions is a leader in energy management for homes and businesses. Approximately 1.3 million homes and commercial buildings carry the GoodCents mark of energy efficiency, comfort, and value. Membership in the GoodCents network allows utilities access to over 20 programs covering energy efficiency, energy management and home automation, as well as surge protection, gateway and price-responsive programs.

"The GoodCents Mortgage provides homebuyers with unique services, enhancements and discounts not available to the general public," commented Daniel Hester, account manager at Chase. "These services add up to an unbeatable program that can make the mortgage process faster and easier."

The mortgage is available both on new homes and resale purchases, meaning that hundreds of thousands of potential buyers could take advantage of the offer.

GoodCents Solutions (GCS) provides residential and small commercial energy management, efficiency and demand response programs to investor-owned, municipal, and cooperative utilities across the United States. GoodCents services are designed to offer utility customers choice and value and thereby positively impact utility business performance. More information is available at www.goodcents.com.

J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $700 billion and operations in more than 50 countries. With relationships with over 99% of the Fortune 1000 companies, the firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services, retail and middle market financial services, and e-finance. A component of the Dow Jones Industrial Average, J.P. Morgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients. Information about J.P. Morgan Chase is available on the Internet at www.jpmorganchase.com.

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