Dutton Research Reiterate Speculative Buy Rating for MortgageBrokers.com with a Price target of $0.40

    SAN FRANCISCO, July 16 /CNW/ - MortgageBrokers.com (OTCBB: MBKR) reviewed
in a press release, results for its first-quarter ended March 31, 2008;
revenue increased for the 12th consecutive quarter and net income came in at a
profit. MortgageBrokers.com's business plan is very attractive, especially in
today's real estate market environments. Dutton reiterate their Speculative
Buy Rating, however in view of the general stock market and investors'
perception toward mortgage companies; Dutton Associates are reducing their
price target to $0.40 per share.

    For complete research note and disclosures please visit:

    Cautionary Note Regarding Forward-Looking Statements

    Statements included in this press release, which are not historical in
nature, are intended to be, and are hereby identified as 'Forward-Looking
Statements' for purposes of safe harbor provided by Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-Looking Statements may be
identified by words including 'anticipate,' 'await,' 'envision,' 'foresee,'
'aim at,' 'plans,' 'believe,' 'intends,' 'estimates,' 'expects' and 'projects'
including without limitation, those relating to the company's future business
prospects, and are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the
Forward-Looking Statements. Please be aware that any opinions, estimates or
forecasts regarding MortgageBrokers.com's performance made by analysts are not
endorsed by MortgageBrokers.com and do not represent the opinions, estimates
or forecasts of MortgageBrokers.com or its management. Readers are directed to
the company's filings with the U.S. Securities and Exchange Commission for
additional information and a presentation of the risks and uncertainties that
may affect the company's business and results of operations. www.sec.gov.

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