EXHIBIT 99.4 ------------ OF THE SECURITIES ACT OF 1933 I hereby consent to serve as a Director of Headlands Mortgage Company, a California corporation (the "Company"), upon completion of its initial public offering of Common Stock. I further consent to being named as a future director of the Company in an Amendment to the Company's Registration Statement on Form S-1 filed with the Securities and Exchange Commission on October 20, 1997 (Registration No. 333-38267). Dated: December 4, 1997 /s/ Steven M. Abreu ------------------- Steven M. Abreu