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MortgageTree Lending Selects ComplianceEase's Risk Management Solution
- MortgageTree acquires the newest innovation in compliance technology to further streamline Web-based home financing -

San Francisco, Calif. - Nov. 19, 2004 - ComplianceEase, a division of LogicEase Solutions Inc. (ComplianceEase®), announced today that it has signed a long-term services agreement with MortgageTree Lending, a nationwide mortgage services company. MortgageTree conducted extensive due diligence on available compliance technology before selecting ComplianceEase's Automated Compliance Solutions.

MortgageTree Lending has developed a different approach to loan origination, based on the company's belief that technology can be used as a tool to empower the local loan originator. The company supports this belief by investing in a unique, linked network of software tools that allow MortgageTree Lending's net branches manage both mortgage and business concerns via the Web, in real time, 24 hours a day. No other mortgage banker has developed such a thoroughly integrated suite of business and lending tools to support their loan originators.

"In today's tighter regulatory compliance climate, we must be proactive in setting best practices standards to protect our borrowers," said Mark Runyon, founder, president, and CEO of MortgageTree Lending. "Our platform is based on providing highly flexible mortgage solutions that can be customized to fit our business requirements. The advanced rules-based decisioning solution differentiates ComplianceEase from other offerings in the marketplace."

MortgageTree Lending also credited the robust natural language processing of ComplianceEase as a superior benefit that allows the company to tackle new compliance challenges associated with high-cost and predatory lending laws while integrating and leveraging existing information systems.

"MortgageTree can now keep pace with the ever-changing regulatory environment and, at the same time, integrate those changes into our existing systems, including our net branches," added Runyon.

"MortgageTree has built its business to meet the needs of borrowers," said David Girling, Executive Vice President of ComplianceEase. "We are very pleased that MortgageTree has elected to enhance it's operational risk management through the use of ComplianceEase; inevitably this will lead to improved asset quality ratings in the secondary market."

About MortgageTree Lending
Founded in 1986, MortgageTree Lending (www.mortgagetreelending.com) is approved to operate in 40 states and has 42 net branches nationwide. More than 250 top-performing loan originators have joined MortgageTree Lending in its mission to use technology to serve clients faster and more efficiently, while establishing enduring personal service relationships. For more information, call 1-800-795-4447.

About ComplianceEase®
ComplianceEase, a division of LogicEase Solutions Inc., headquartered in San Francisco, California, is a premier provider of intelligent business solutions to the financial services industry. Its ComplianceEase platform provides the industry's first automated compliance solutions utilizing advanced artificial intelligence reasoning and decisioning technologies as well as natural language processing. ComplianceEase powers beginning-to-end solutions at a fraction of the time and cost of the traditional approaches, while providing better accuracy and integrity. ComplianceEase also provides professional services, and consulting services. For more information on ComplianceEase, visit www.ComplianceEase.com.

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