EverBank Multifamily & Commercial Lending

EverHome Mortgage Company Receives Strong S&P Servicer Ranking
07/23/2008

Jacksonville, FL - EverBank^® Financial Corp announced today that its mortgage servicing group, EverHome^® Mortgage Company, was assigned an overall strong ranking from Standard and Poor's. Standard and Poor's further assigned a stable outlook for EverHome and strong ranking of Management and Organization as well as Loan Administration.

“Receiving Standard and Poor's highest ranking lends great credibility to EverHome,” stated Mike Koster, President of EverHome Mortgage Company. “This, combined with EverBank's recent announcement to grow portfolio business in a disciplined fashion, favorably positions EverHome within the industry. While several mortgage servicing companies are currently sidetracked dealing with systemic problems, we're completely focused on sustainable growth.”

“Standard and Poor's is known throughout the industry for quality research and reporting. Receiving their top level ranking of strong in a shifting market is a testament to the team we've built within EverHome,” continued Koster.

About EverBank Financial Corp:
EverBank Financial Corp., and its EverBank subsidiaries, is a privately-held thrift holding company headquartered in Jacksonville, Florida offering innovative banking, lending, and investment products and services of exceptional value. The company’s balanced mortgage banking and deposit banking platforms provide diverse revenue streams with proven success in a variety of market conditions. As of June 30, 2008, the company has over $6.0 billion in assets and over $4.1 billion in deposits. For more information on the EverBank Family of Companies, log on to EverBank.com.

About EverHome Mortgage Company:
EverHome Mortgage Company provides mortgage and home equity loan servicing and subservicing on over 320,000 loans with principal balances of $35.3 billion for over 800 private investors and government agencies. EverHome Mortgage Company is an S&P strong servicer and has been named to Freddie Mac's Tier One Servicer list for four consecutive years. As a result, EverBank has developed core expertise in servicing complex products and portfolio characteristics and providing outsourcing services for other firms including Wachovia and Goldman Sachs.