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PGMAC Residential Funding Enhances Assetwise Compliance Engine; Teams up with ComplianceEase To Deliver Comprehensive Compliance Tool

Minneapolis, Minn. - (BUSINESS WIRE) - October 24, 2005 - GMAC Residential Funding announced that it has entered into an agreement with ComplianceEase® that will integrate GMAC Residential Funding's Assetwise Compliance Engine with the ComplianceAnalyzer™, a compliance tool developed by ComplianceEase, a division of LogicEase Solutions Inc. This solution will effectively establish one of the most comprehensive compliance solutions available in the marketplace today.

In addition to auditing loans addressing certain federal, state and local mortgage loan laws, mortgage lending partners will be able to evaluate their loans against GMAC Residential Funding's specific guidelines regarding "high cost" or similarly designated mortgage loans prior to closing the loan.

"We are excited about our new alliance with ComplianceEase, because it enhances our ability to provide our clients with an outstanding, comprehensive compliance solution," says Shannon Bins, Managing Director, eCommerce, GMAC Residential Funding. "We're committed to helping our lender partners streamline the mortgage process, increase profitability and bring better value to homeowners, and we're pleased to provide innovative solutions that help our lender partners quickly and efficiently sort out and comply with federal, state and local mortgage loan regulations."

In late 2004, GMAC Residential Funding announced the availability of Assetwise Compliance Engine, a tool that enables lenders to determine -- before the loan is closed -- if a loan may be ineligible for purchase by GMAC Residential Funding because it is a "high cost" or similarly designated loan under federal, state or local law. Since the company introduced Assetwise Compliance Engine, it has continued to incorporate client feedback into the design, functionality and performance of the product.

"This partnership with GMAC Residential Funding enables Residential Funding to further distribute its compliance tool to the lender community, so that lenders can evaluate loans before closing," said ComplianceEase's executive vice president Dave Girling. "We developed ComplianceAnalyzer to accommodate the needs of lenders and, accordingly, we designed it to be used at various points in the origination process."

About GMAC Residential Funding
GMAC Residential Funding acquires residential mortgages and home equity loans and lines from mortgage banks and other lenders, securitizes and sells them as investments, and also provides a consistent source of warehouse financing for mortgage lending partners. GMAC Residential Funding is a business unit within Residential Capital Corporation (ResCap)'s U.S. Residential Finance Group. ResCap is a leading real estate finance company, focused primarily on the residential real estate market in the United States, Canada, Europe and Latin America. Our diversified businesses - GMAC-RFC, GMAC Mortgage, Ditech.com, GMAC Bank, and Homecomings Financial - cover the spectrum of the U.S. residential finance industry, from origination and servicing of mortgage loans through their securitization on the secondary market. It also provides capital to other originators of mortgage loans, residential real estate developers, resort and timeshare developers and healthcare companies. ResCap is an indirect wholly owned subsidiary of General Motors Acceptance Corporation (GMAC). For more information about ResCap, visit www.rescapholdings.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 and technology 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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