The Nation`s Largest Loss Mitigation and Modification Provider Selects Mortgage Cadence as Their Technology and Document Services Supplier

Urban Settlement to Leverage Mortgage Cadence as They Scale Their Business to a
Projected 300,000 Loan Modifications a Month by Year End
DENVER--(Business Wire)--
Mortgage Cadence, Inc., a leading provider of Enterprise Lending Solutions (ELS)
for the financial services industry, has been selected by Pittsburgh,
Pennsylvania, based Urban Settlement Services to replace their primary analytic
and document solution. Urban Settlement, through their Home Retention work, has
become an industry leader in helping families keep their homes, processing over
600,000 loan work-outs in 2008 and projecting volumes of 300,000 per month
towards the latter half of 2009. The Mortgage Cadence product suite, consisting
of Mortgage Cadence Orchestrator, Mortgage Cadence Harmony and Mortgage Cadence
Finale, will work seamlessly to allow Urban Settlement to bulk import upwards of
50,000 loans at a time, validate data, perform analytics and dynamically create
and securely deliver the required loan modification documents for servicer
approval and fulfillment.

Urban Settlement Services is a company built on excellence, dedication and
teamwork. For over ten years Urban Settlement has been a problem solver for
lenders and servicers. Today, they are one of the most highly rated,
privately-held professional services companies in the country, providing
appraisal, title and settlement services to some of the nation`s top lenders.
Their key focus is helping people achieve and preserve the American dream of
owning a home.

"Urban Settlement was built from the ground up with superior customer service as
the cornerstone, which drove us to delivering the fastest turn times in the
industry and has resulted in our preferred Tier 1 vendor status," stated Jim
Smith, President of Urban Settlement Services. "As our volumes mounted, we came
to the realization that in order to maintain this level of service we needed to
make some strategic changes to how we do business, and in particular find a
technology solution that could further automate our processes while delivering
validation tools, analytics and document preparation and delivery services.
Mortgage Cadence is the only vendor that not only shares our passion for
world-class customer service, but has the technology and infrastructure in place
to deliver on this promise."

The combination of Mortgage Cadence Orchestrator, Mortgage Cadence Harmony and
Mortgage Cadence Finale will provide Urban Settlement with a powerful end-to-end
rules based enterprise lending, Web portal, and electronic document solution
that leverages demand-driven workflow and automated decisioning enabling them to
automate the modification of troubled mortgages rapidly and cost effectively.
This technology is designed to analyze and assist companies such as Urban with
achieving affordable and sustainable mortgage programs for borrowers while
increasing the value of distressed mortgages by re-establishing them into
performing loans.

"Mortgage Cadence reverse-engineered our business process and provided a
solution that has reduced our processing time by over 80%," added Smith. "It is
truly amazing, and I look forward to seeing what other advancements can be
made."

The solution Mr. Smith is referring to is pushing a bulk import of tens of
thousands of loans into Mortgage Cadence Orchestrator and running an Urban
Settlement specific validation on all the loans. Next, custom analytics are run,
based on tasks and parameters defined by Urban, to then slot the proper loans
for modification. Orchestrator then exports all imperative information for
servicer approval and Mortgage Cadence Finale generates the appropriate
modification documents and delivers them securely to the servicer for
fulfillment approval. Urban clients will access Mortgage Cadence Harmony for
status, results, reporting and production documents. The last piece of the
equation will be setting up workflow and guidelines for all of the applicable
loans to exponentially speed the underwriting process.

"I am proud to partner with Urban Settlement as they share our customer centric
vision," stated Michael Detwiler, Chief Executive Officer of Mortgage Cadence,
Inc. "The capacity it takes to run this number of loan modifications through our
system at a given time speaks volumes to the stability and scalability of our
infrastructure and is attributed to the over 10 years we have invested in
constructing, maintaining, updating and configuring our data centers. The
ability to expand our solutions and meet the needs of the loss mitigation market
is due to the breadth and depth of our offerings and the flexibility to
accommodate workflow and analytics that servicers, borrowers and investors need
to accurately and quickly perform loan modifications. We`re excited to assist
lenders and their borrowers through this difficult market stage and help people
keep their homes during these challenging times."

About Urban Settlement Services

Urban Settlement Services was founded by CEO Charles Sanders, a nationally
recognized vendor recruiter and provider of real estate information, technology,
products and services. Chuck has helped build several of the nation's top vendor
management captives and has managed hundreds of thousands of real estate
transactions. Urban Settlement's technology, staff, professional services,
vendor database and customer satisfaction has resulted in Urban Settlement
becoming a preferred Tier 1 vendor for many of the nation`s Top 20 lenders. For
more information visit www.urbansettlement.com.

About Mortgage Cadence

Mortgage Cadence, Inc. is the leading provider of Enterprise Lending Solutions
(ELS). Mortgage Cadence Orchestrator provides data driven workflow automation
and seamless integration across the enterprise to help lenders achieve
harmonious operational rhythm from origination, processing, underwriting and
closing through secondary marketing. The solution provides both forward and
reverse lending automation - as well as support for multiple lending channels.
This superior technology features business rules management, product and
pricing, electronic document management and a suite of Web portal options within
one comprehensive platform. To learn more, please visit us on the Web at
www.mortgagecadence.com.

Mortgage Cadence, Inc.
Trevor Gauthier, 303-991-8337
tgauthier@mortgagecadence.com

Copyright Business Wire 2009