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LIBERTY MORTGAGE CORPORATION NAMES NEW PRESIDENT

 MACON, Ga., July 30 /PRNewswire/ -- First Liberty Financial Corp. (NASDAQ-NMS: FLFC) today announced that R. Frederick Taylor had been elected president and chief executive officer of its subsidiary, Liberty Mortgage Corporation, located in Atlanta.
 Taylor has been president and chief executive officer of First Sun Mortgage Corporation in Columbia, S.C., since 1986. It is expected that he will join Liberty by mid-August.
 Commenting on the development, Robert F. Hatcher, First Liberty's president and chief executive officer, said, "Fred Taylor has had an outstanding career in the mortgage banking industry and I know that he will provide the leadership necessary to ensure the continued success of Liberty Mortgage Corporation."
 First Liberty Financial Corp. also owns First Liberty Bank which operates 26 banking offices in middle, coastal, and south Georgia and a loan production office in Atlanta. Liberty Mortgage Corporation operates throughout Georgia and through correspondent relationships in several other southeastern states. First Liberty common stock is quoted through the National Market System of the National Association of Securities Dealers (NASDAQ) under the symbol FLFC and its convertible preferred stock is quoted under the symbol FLFCP.
 -0- 7/30/93
 /CONTACT: Robert F. Hatcher, president and chief executive officer of First Liberty Financial, 912-743-0911/
 (FLFC)


CO: First Liberty Financial Corp.; Liberty Mortgage Corporation ST: Georgia IN: FIN SU: PER

BR-BN -- AT007 -- 7723 07/30/93 12:04 EDT
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Publication:PR Newswire
Date:Jul 30, 1993
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