Clear Capital Releases New Property Condition Report That Includes Neighborhood Context

TRUCKEE, Calif.--(Business Wire)--
Clear Capital, a leading property valuations company, today
introduced the Condition Conformity Inspection: a new report that
helps banks and lenders determine whether their vacant, bank-owned
homes are at risk of contributing to urban blight.

With the rising number of home foreclosures, increased time on
market to sell these homes, and mounting pressure from local
municipalities to maintain them, loan servicers are faced with the
difficult task of determining which of their vacant properties have
condition issues that could lead to financial, legal or reputational
risk. The Condition Conformity Inspection is a visually-rich report
that provides an assessment of the property condition in relation to
its neighborhood allowing loan servicers to confidently determine
whether additional maintenance is necessary.

"From listening to our loan servicing customers, we understand
their need to know the condition of their properties in default and
how that condition positively or negatively affects the neighborhood,"
said Kevin Marshall, Clear Capital CIO. "We are really excited to
offer the Condition Conformity Inspection. Our customers will be able
to identify and remedy a potentially negative situation, reducing the
likelihood of being fined by local municipalities or incurring
headline risk."

Condition Conformity Inspections bring together subject property
and neighborhood information into a single, easy-to-read form that
includes visual tools such as images of the subject property, street
views, the ten closest neighboring homes, and a map of the
neighborhood. These inspections also include narratives on the
condition of the subject, its conformity to the neighborhood, and
possible deferred maintenance issues.

Clear Capital applies the same unmatched customer ethics and
progressive technology to the Condition Conformity Inspection as it
does to all of its products and solutions. In addition, all
inspections are performed by experienced brokers and agents who live
in and/or service the subject property's community and have a shared
stake in its well-being.

For more information about the Clear Capital Condition Conformity
Inspection visit: www.ClearCapital.com/cci.

Clear Capital serves as a trusted partner for customers across the
mortgage and lending industries, providing loan valuation outsourcing
for mortgage originators, secondary market institutions, servicers and
resellers for properties across the United States and Puerto Rico. We
use the most progressive technologies available and human, hands-on
analytics to deliver highly accurate and reliable tools, including
Broker Price Opinions (BPOs), Appraisals, and Value Reconciliations.
For more information about Clear Capital, please contact us at
530.550.2525 or visit www.ClearCapital.com.

Clear Capital is a registered trademark of ClearCapital.com, Inc.

Media Relations, Clear Capital
Rob Huff, 530-550-2529
rob.huff@clearcapital.com

Copyright Business Wire 2008