Jamie McMurray drove the Home123 paint scheme at Phoenix earlier this season. Credit: Autostock

McMurray, Home123 team up for sweepstakes

Lucky fan to have $250,000 of existing mortgage paid off

New Century Financial Corporation (NYSE: NEW), a real estate investment trust and parent company of one of the nation's largest non-prime mortgage finance companies, announced that its retail subsidiary, Home123 Corporation, has launched the "Pay Off Your Mortgage" sweepstakes.

With more than 38.6 million homeowners in the U.S., Home123® and NASCAR® driver Jamie McMurray are prepared to drive down one family's mortgage by $250,000 as part of Home123's "Pay Off Your Mortgage" sweepstakes, which begins today and runs through September 30, 2005.

"I've driven for a lot of causes in my lifetime, but never to deliver a family a home," said McMurray, driver of the No. 42 Home123 Dodge. "The easiest way for fans to enter is online at Home123.com."

McMurray will be on hand to award the winner the grand prize of $250,000, along with two tickets to the final race in the chase for the NASCAR NEXTEL Cup. The second and third place winners will receive $5,000 and $2,500, respectively, to be used towards a mortgage payoff.

"As a relatively new sponsor of NASCAR, as well as on the No. 42 Home123 Dodge, we wanted to find a way to help those in the NASCAR family. We determined that the best way was to remove one of the biggest expenses a family incurs -- their home mortgage," said Patrick J. Flanagan, chief executive officer of Home123 Corporation.

Home123 & Racing

Home123 became the "Official Mortgage Company of NASCAR" earlier this season and also runs a primary sponsorship schedule on the No. 42 Chip Ganassi Racing with Felix Sabates (CGRFS) Dodge during six NASCAR NEXTEL Cup races including: Phoenix (April 23rd), Michigan (June 19th), Daytona (July 2nd), Chicago (July 10th), Watkins Glen (August 14th) and Fontana (September 9th).

In addition, Home123 supports Jamie McMurray's charitable cause, "Driving Autism Awareness," by matching $42 donations made by McMurray, Chevron Corporation and CGRFS for every lap Jamie leads in the 2005 season. In all, this program will generate $168 per lap to assist with autism research and public education, earmarked for the Autism Society of America.

Home123 "Pay Off Your Mortgage" Sweepstakes Details

To enter the Sweepstakes, visit www.Home123.com, and click on the link to the "Home123 Sweepstakes," enter the required information and click "submit."

Entrants must be current homeowners, 18 years of age and legal residents of the U.S., or District of Columbia. No purchase or payment is necessary to enter.