IAS360 House Price Index Marks One-Year Anniversary

DENVER, CO, Jun 30 (MARKET WIRE) --
Integrated Asset Services(R), LLC (IAS(R)) (www.iasreo.com), a leader in
default management and residential collateral valuation, this month
celebrated the first anniversary of its IAS360 House Price Index
(http://www.iasreo.com/ias360_update.html).

The IAS360 HPI remains the only index to track U.S. housing trends at a
county level. The index tracks monthly change in the median sales price of
detached single-family residences in more than 15,000 "neighborhoods"
across the U.S., then rolls the data up to 360 counties, nine census
divisions, four regions, and the nation overall. The timeliness of the
data, which is based on all arms-length transactions occurring in
underlying neighborhoods, makes the IAS360 HPI a leading indicator for
housing price trends in the U.S.

The index was recently awarded Personal Real Estate Investor Magazine's
Editors' Choice Award.

"The granularity of the IAS360 HPI takes it deeper into U.S. housing data
than other observational tools," said David McCarthy, President and CEO of
Integrated Asset Services. "And given the timely monthly reporting, we'll
be the first to see the markets turn at the county level."

IAS' methodology integrates multiple data sources beginning with familiar
Census Block, most Multiple Listing Services, Bureau of Labor Statistics,
HUD, and county recorder data. These feed to an automated valuation model
for individual home value index designed to track housing prices for banks
and investors. The IAS360 HPI measures median sales price trends at
multiple areas within a county to report price performance within an
individual market. The index covers only single-family homes, though IAS
does provide a separate report on condos.

IAS's innovative methodology has been well-received by a demanding
marketplace. With its timely and granular data, the IAS 360 has been
receiving increasing press attention since its first appearance 12 months
ago. In addition to its recognition by Personal Real Estate Investor
Magazine, the index has received increasing coverage by leading industry
media outlets like The Wall Street Journal, CNBC, U.S. News &World Report,
Business Week, Reuters, ABC News Radio, CBS News Radio, Housing Wire,
Mortgage Banking Magazine, Mortgage Servicing News, and National Mortgage
News.

"The better housing price indexes are all useful at the Metropolitan
Statistical Area level," said McCarthy. "The IAS360 adds another level of
information with its neighborhood data. That, plus the fact that the index
captures seasonality, makes it quite valuable to homebuyers, lenders, and
investors."

For the financial services industry, the IAS360 HPI provides the logic to
determine value, risk, and volatility for loss mitigation and short sale
negotiations. This data gives lenders an indication of market movement and
sets a median price range covering the previous six quarters. Regression
testing of the IAS methodology has proven that the IAS360 HPI index and
forecasts are extremely accurate.

About Integrated Asset Services, LLC

IAS (www.iasreo.com) is a privately-held Colorado-based corporation
specializing in default mortgage services including valuation,
reconciliation and full cycle REO disposition. The Company's advanced
valuation and volatility technology combined with its expert professional
services help its clients reduce exposure while expediting the entire
asset management process. Founded by REO industry experts, IAS provides
services that go beyond industry expectations, from the level of
integrity of its employees to the measurably better service it routinely
provides.

Contact Information:
Dan Mahoney
CSG|PR
970-405-8060
Email Contact

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