PRESS RELEASE


System Merge Provides Lenders More Protection

Mortgage Builder(R) LOS Improves Compliance and Fraud Processes with Brooks Systems and Interthinx(R) Interfaces - Loan Analyzer and Fraud Detection System Offer Precision, Efficiency, Savings to Lenders

BOSTON--(October 15, 2007)--Mortgage Builder Software, Inc., provider of end-to-end mortgage banking software, has integrated Brooks Systems' High Cost Loan Analysis (BrooksHCLA) and Interthinx's® proven loan-level fraud detection system (FraudGUARD®) into Mortgage Builder's® LOS system. BrooksHCLA's accurate results and FraudGUARD's comprehensive evaluation system offer precision and efficiency with seamless integration for lenders using Mortgage Builder.

"If Mortgage Builder customers lend in multiple states or want to expand, Brooks Systems has already worked with law firms to correctly interpret each state's requirements for lending as they relate to compliance with federal, state and local anti-predatory lending laws," said Taylor Heal, director of sales and marketing for Brooks Systems. "With this integration we are eliminating double entry, reducing data-entry error, and saving time. Links are also provided to the legislation when the data/reports are returned so lenders can review the specific state's guidelines that apply. We eliminate the chances for a high cost loan, thereby reducing the risk of the lender being forced to buy the loan back. The user will instantaneously know if that loan is saleable - improving time to market."

"Mortgage Builder customers now have the ability to export loan-application data to the FraudGUARD system without having to exit the Mortgage Builder LOS or re-key loan information," noted Mike Zwerner, sr. vice president business development & marketing for Interthinx. By using this new option, Mortgage Builder customers have access to Interthinx reports that have been statistically validated to predict non-performing loans. With FraudGUARD, the possibility of foreclosure and payment default is automatically estimated.

"Mortgage Builder integrated two of the mortgage industry's leading vendors for fraud and compliance handling," said Keven Smith, president of Mortgage Builder Software. "We want our customers to have access to the most thorough fraud and compliance tools available. Lenders can assess risk and detect fraud as early as possible in the origination process and feel secure that a detailed compliance check was conducted. These interfaces will definitely save time and money for our customers."

About Brooks Systems

Brooks Systems was founded over 20 years ago by Robert Brooks II to provide the residential finance industry the necessary tools to ensure compliance with Regulation Z. Since then, Brooks Systems has incorporated cutting-edge technology to service and support over 1,000 clients in all 50 states, Puerto Rico and Canada. When the Federal Home Loan Bank Board required PC modules for auditing disclosures in their 12 regions and 39 districts, Brooks Systems provided them with the industry's first system. Brooks Systems provides state-of-the-art software, web-based applications and consulting services specifically targeting Regulation Z compliance and Anti-Predatory Lending Analysis. Brooks Systems takes great pride in providing the mortgage industry with the gold standard in automated compliance tools together with exceptional customer support.

About Interthinx

Interthinx, Inc., an ISO business, is the nation's leading provider of proven risk mitigation and regulatory compliance tools for the financial services industry. Used at every point in the mortgage lifecycle to prevent mortgage fraud, compliance violations and to assess risk, Interthinx is relied upon by over 1400 customers, including 15 of the top 20 mortgage lenders and 3 of the top 5 largest financial institutions. With technology which earned Mortgage Technology Magazine's prestigious 10X Award as "a diagnostic and corrective solution of the highest order," Interthinx expertise in predictive analytics, data mining and risk scoring sets the standard for the industry and directly increases the value of client portfolios.

About Mortgage Builder Software, Inc.

Headquartered in Southfield, Mich., Mortgage Builder Software, Inc. has been providing high-quality loan origination software (LOS) to mortgage bankers, community banks, credit unions and financial institutions for nearly 10 years. Mortgage Builder® is an end-to-end mortgage lending solution for both retail and wholesale production. Their flagship product delivers everything from pre-qualification and Web integrated services through interim servicing and loan delivery. Mortgage Builder maintains the highest customer retention in the industry and is the first provider of a Linux-based LOS. In addition to being named one of the industry's top 100 technology vendors, Mortgage Builder has also been recognized for its outstanding customer service by Mortgage Technology magazine. For more information, visit MortgageBuilder.



SOURCE: Mortgage Builder Software, Inc