GMAC Mortgage Survey Reveals Consumers Want More Information on Home Financing

MSLO is organized into four
business segments: Publishing , Broadcasting, Merchandising, and
Internet/Direct Commerce.

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, GMAC Mortgage today announced the
results of its first quarterly customer survey, which polled 1,000 consumers
nationwide to assess their barriers to homeownership and homeownership
education needs.
"We are thrilled that Everyday Food magazine has been named to this
prestigious list," said Lauren Stanich, President of Publishing of Martha
Stewart Living Omnimedia (MSLO).

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The survey found that 24 percent of consumers cite a lack of
financial security as a primary obstacle to homeownership, while 23 percent
named saving for a down payment .com for more information. Everyday Food Publisher
Anne Balaban has blazed the trail in advertising growth, and we are very
enthusiastic about the magazine's continued success.

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Financial Stability
Consumers aged 25 to 34 were more likely to cite saving for a down payment
(36 percent ) and achieving financial security (39 percent) as an obstacle to
homeownership than their older counterparts .

About GMAC Mortgage
GMAC Mortgage Corporation, headquartered in Horsham, Pa., is among the
nation's top ten residential mortgage servicers and originators.

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The survey found that consumers were more likely
to want to learn new information about financial home buying issues than real
estate and house hunting concerns. Specifically, they indicated the need for
greater education in regard to:

* Finding the right loan (20 percent)
* Managing debt (18 percent)
* Evaluating credit (17 percent)
* Finding the right house (16 percent)
* Saving for a down payment (10 percent)
* Finding a qualified realtor (7 percent)

"Educating consumers on the complexities of the home financing and
mortgage process is the responsibility of established leaders in the housing
industry," said Mike Mahfouz, senior vice-president and northeastern division
manager, GMAC Mortgage.

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"At GMAC Mortgage, we are committed to educating both
existing and potential homeowners on how to properly manage debt and evaluate
their financial well-being.

Scot, Sandy and their teams took a simple
and innovative idea and developed it into a beautiful, useful, successful
magazine that readers adore. is listed on
the New York Stock Exchange under the ticker symbol MSO.

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gmacmortgage.5% increase in ad pages and
79% ad revenues in 2005, significantly higher growth levels than the entire
category, which posted relatively flat or down overall.

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Our loan officers work directly with our
customers to identify the mortgage product that best meets their financing
needs. An average of
30 percent of consumers with a household income of less than $75,000 cited a
lack of financial stability as their obstacle to achieving homeownership. For a sample of 1,000, the margin is plus or minus three
percentage points at the 95% confidence level. Other accolades
bestowed upon Everyday Food include Advertising Age's Launch of the Year 2005
and Folio Magazine's Launch of the Year 2004.

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Martha Stewart Living Omnimedia, Inc.

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Together, respondents find these financial
issues to be nearly as challenging as trying to find the right house to meet
their needs (37 percent).
Additionally, the survey revealed that consumers see a need for greater
homeownership education, particularly regarding the numerous financial aspects
of the home buying process. GMAC Mortgage's more than 1,600 qualified loan officers are well
versed in addressing the facets of the home financing process and can educate
consumers about their financial options. We are very proud of the magazine's distinctive format and
design as well our unique mission .

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GMAC Mortgage and CARAVAN Opinion Research Corporation conducted a
national telephone survey of 1,000 households nationwide between January 20
and 23, 2005.com and ditech."
"Readers love our magazine for its portability and the easy-to-use,
delicious recipes.
Stated Martha Stewart , MSLO Founder: "Congratulations to the Everyday Food
team for this wonderful accolade. The magazine 's current
rate base is 850,000, up 70% since its launch in January 2003.

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Everyday Food Published by Martha Stewart Living Omnimedia Named #1 On 'Top 10 Under 50' List in Adweek's Annual 'Hot List ' Issue

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"

Credit Concerns
Credit concerns and the evaluation of FICO scores also dominated the
survey results, as 12 percent of consumers named past or current credit
problems as an obstacle to homeownership. To find a local mortgage office,
consumers can visit http://www .

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Consumers who want to learn more about the financial aspects of the home
financing process and discover which mortgage product best suits their needs
can visit any of the more than 330 GMAC Mortgage offices throughout the
country. As of December
2004, GMAC Mortgage originated $89 billion in residential mortgages,
representing over 588,000 transactions."
According to PIB, Everyday Food posted a 30.

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The company
originates first and second lien residential mortgage loans through a
nationwide network of retail offices, direct lending centers, and Internet
sites, under the brands, gmacmortgage. We have found that this magazine is
changing the way women shop, cook and think about food, creating a new
epicurean lifestyle category that has struck a chord with both readers and
advertisers," said Everyday Food Publisher and Senior Vice President Anne
Balaban.

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Boasting a portable format, a
photograph with every recipe, clear instructions, and ingredients that can be
found in the average local supermarket, Everyday Food makes good cooking easy
and stress free .

About Martha Stewart Living Omnimedia, Inc.

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Financial Concerns are the Greatest Obstacle to Achieving Homeownership

HORSHAM, Pa. The company's servicing portfolio of
more than $214 billion represents nearly 2 million customers throughout the
nation. Martha Stewart Living Omnimedia , Inc.

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The importance of achieving good
credit early in life is clearly understood by younger consumers , as 43 percent
of survey respondents aged 18 to 24 want to learn more about FICO scores and
the evaluation of credit during the home financing process, which is
significantly higher than the 17 percent average for all consumers. Notably, a household income of
$75,000 emerged as the financial dividing line for consumers who felt
financially stable enough to buy a home and those that did not . Created for
the supermarket shopper and the everyday cook, Everyday Food features quick,
easy recipes using supermarket ingredients for delicious weekday meals.

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GMAC Mortgage also
offers custom mortgage services to GM employees and their family members,
retirees and dealers through the GM Family First program.
In every issue of Everyday Food, readers are served 40 or more new recipes
developed and tested in the kitchens of Martha Stewart Living Omnimedia, each
of which takes 30 minutes or less to prepare. (MSLO) is a leading provider of
original "how-to" information, inspiring and engaging consumers with unique
lifestyle content and high-quality products.

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Comparably, only 14 percent of households earning more than $75,000 per year
viewed this as their primary barrier.com. "Everyday Food Editor Sandra Gluck and Design
Director Scot Schy create a smart, beautifully designed magazine in a reader-
friendly format that really resonates with consumers.

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NEW YORK, Everyday Food, the easy-to-
use, digest-size cooking magazine, was named #1 on the "Top 10 Under 50" List,
honoring the top magazines with under $50 million in annual revenues, which
appears in Adweek's annual "Hot List" issue, on newsstands today.

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