AllRegs Delivers FHA Hotline Support Service for Mortgage Lenders

"AllRegs FHA Hotline" Service Helps Mortgage Companies Clarify FHA
Loan Program Details and the New Housing Law
EAGAN, Minn.--(Business Wire)--
Congress, HUD and FHA continue to make fantastic changes to loan
programs and guarantees available to Americans purchasing homes.
AllRegs, the leading information provider for the mortgage lending
industry, supports these changes and announces its creation of a
service to support the increased growth of homeownership through FHA
loan programs. Known as the AllRegs FHA Hotline, this service is being
made available to support the industry at a time when FHA business is
growing exponentially and organizations are looking for resources to
get them in the game.

The AllRegs FHA Hotline will provide answers to questions about
the FHA program, program changes, how to become an FHA lender,
business advice on what to do with borrowers as it applies to the FHA
program, interpretation of the regulations and interpretation of the
new law signed recently by the President. Advice on operational
details with regard to FHA loans, processes, down payments and other
matters will be provided.

"Our customers want a person they can ask questions of regarding
FHA loans; they need help and our FHA Hotline is here to support
them," said Dan Thoms, senior vice president of AllRegs. "Our FHA
Solution Center, which integrates our publishing of the FHA manuals in
AllRegs Online, is now responsible for training thousands of folks in
their buildings across the country. This new FHA Hotline will provide
peace of mind for all those mortgage companies trying to increase
their origination volume using the FHA program."

The AllRegs FHA Hotline features the following benefits:

-- Answers to your FHA loan program questions, as provided by
industry experts

-- Option to submit your questions via email or phone

-- Available Monday through Friday, 7:00 a.m. to 5:00 p.m. CT.

-- Access to FHA searchable online content in the AllRegs
Information Service

-- Instructions on how to become an FHA Lender

-- Access to recent articles on FHA programs, written by AllRegs
contributing authors

-- Intended for loan officers, underwriters, processors, branch
management, account executives and mortgage brokers

There are two service level options for participants -- an
individual level and a corporate level. The individual level service
option is suggested for the mortgage broker or the company with just
one or two questions needing an answer.

The corporate level service is suggested for the branch, region or
organization that is moving into FHA and needs assurance that they
will have someone to answer questions as they move through this busy
year with a new product. It supports unlimited questions and time by
the staff members for all of the authorized users identified.
Subscriptions will be available in monthly or quarterly options.

To support the AllRegs FHA Hotline and answer your questions,
AllRegs has formed an agreement with Mortgage Dynamics, Inc. (MDI),
the mortgage banking industry's premier management consulting firm
offering a full line of advisory and outsourcing solutions. Since
1987, MDI has advised over 600 companies and reviewed hundreds of
mortgage operations of all sizes. Their clients include large banks,
community lenders, mortgage companies, major investors, Wall Street
firms, warehouse lenders and government entities. Mortgage Dynamics
has offices in Virginia, Maryland, New York and Colorado.

To take advantage of the AllRegs FHA Hotline, visit
www.allregs.com and click on FHA Solutions or call (800) 848-4904.

AllRegs is proud to be named a Mortgage Technology Magazine Top 50
Service Provider for 2008. Should you have any questions regarding
AllRegs and its other products and services, including AllRegs
Academy's Learning Pass, please contact AllRegs Customer Service at
(800) 848-4904 Monday through Friday between the hours of 8:00 a.m. CT
and 6:00 p.m. CT. or email help@allregs.com.

About AllRegs

First introduced in 1989, AllRegs is used by virtually all of the
top 100 lenders as well as throughout numerous governmental agencies,
including Fannie Mae, Freddie Mac, the FHLBs, FHA, VA, RHS, Ginnie
Mae, and more. AllRegs is a Mortgage Technology Magazine Top 50
Service Provider for 2008 and the exclusive electronic publisher of
the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer
Guides, The Federal Home Loan Banks' MPF Program Guidelines, and
CalPERS' Member Home Loan Program Guidelines. Products include single
and multifamily underwriting & insuring guidelines as well as federal
compliance laws and regulations, state compliance laws and regulations
with plain-language analyses, contract publishing services and a
library of historical guidelines. The educational division, AllRegs
Academy, offers distance learning, classroom training and practical
guides. For more information, call (800) 848-4904 or go to
www.allregs.com.

For AllRegs
Media Contact:
Meredith Boyd, 678-781-7219

Copyright Business Wire 2008