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Commerce Velocity and ComplianceEase Partner to Bring Compliance Controls to Underwriting and Decisioning
- Partnership to Provide Industry's First Integration of Compliance Reviews into Automated Decisioning and Underwriting Platform for Non-prime Lenders -

Irvine and Burlingame, Calif. - October 20, 2005 - Commerce Velocity, one of the nation's leading providers of lending automation technology, and ComplianceEase®, a premier provider of automated compliance and risk-management solutions, today announced a strategic partnership to provide lenders with an integrated solution through Commerce Velocity's web-based decisioning and underwriting platforms, delivering a unique combined offering that addresses the risk of non-compliance with anti-predatory and consumer lending laws and regulations.

Through a seamless integration with Commerce Velocity, retail and wholesale lenders will be able to access ComplianceEase's flagship product - ComplianceAnalyzer™, a leading automated compliance solution that provides real-time and accurate loan-level audit reports critical to today's rapidly changing and demanding regulatory environment. Ensuring compliance against the various federal, state and municipal regulations is critical to effective risk management, and ComplianceAnalyzer's integration with Commerce Velocity's suite of products will enable lenders to dramatically reduce the cost of compliance, and most importantly ensure loan compliance in a way that will not disrupt existing workflow.

"Through our partnership with ComplianceEase, Commerce Velocity now provides our customers with the premier compliance solution that further enhances the quality of underwriting and risk management decisions from the start of the loan process," said Jim Schwegman, senior vice president of sales for Commerce Velocity. "Our partnership with ComplianceEase is in line with our commitment to provide the best-of-breed solution as we move our product to a complete end-to-end origination platform."

"We are excited about this new partnership with Commerce Velocity," said David Girling, executive vice president of ComplianceEase, "Our strategic alliance allows Commerce Velocity's clients to seamlessly access our automated compliance solution from within the Commerce Velocity portal, via the click of a mouse or through an automatic trigger. This bypasses the integration challenges many lenders face, enabling them to immediately start auditing loans for compliance using ComplianceAnalyzer from within Commerce Velocity's platform."

Built upon a comprehensive legal rules library and utilizing advanced rules-based decisioning, ComplianceAnalyzer combines innovative technology with unparalleled mortgage expertise. The solution organizes results of mortgage compliance reviews with threshold and variance analyses; individual itemizations of points and fees tests; reasoning; calculations; and citations of relevant legislation in one easy-to-read report.

About Commerce Velocity
Commerce Velocity provides a web-based suite of business solutions to mortgage lenders in wholesale, retail, correspondent and conduit channels. Commerce Velocity increases productivity, profitability and risk management through the automation of the lending process from initial loan application through credit management, decisioning, underwriting and fulfillment. For more information about Commerce Velocity, visit www.cvelocity.com.

About ComplianceEase®
ComplianceEase, a division of LogicEase Solutions Inc., headquartered in the San Francisco Bay Area, is a premier provider of intelligent business solutions to the financial services industry. ComplianceEase's web-based platform - ComplianceAnalyzer - is the mortgage industry's leading automated compliance solution. The ComplianceEase expert system utilizes advanced reasoning and decisioning technologies as well as natural language processing to power beginning-to-end solutions in a fraction of the time and for a fraction of the cost of traditional approaches, while providing high levels of accuracy and integrity. ComplianceEase's significant and growing client base includes top tier mortgage lenders, banks, and Wall Street firms. Managed by a team of highly experienced and innovative mortgage professionals, the company is funded by the First American Corporation, the WI Harper Group, and the senior management team. For more information about ComplianceEase, visit www.ComplianceEase.com.

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