COSTA MESA, CA, July 19, 2005 – Insight Lending Solutions, a provider of origination and automated underwriting technology, announced an enhancement to their PriceMyLoan.com loan pricing engine that brings the total of integrated credit vendors to over two hundred. With this enhancement, PriceMyLoan.com essentially removes all barriers to credit report acceptance and increases accessibility for brokers, while providing lenders with cost savings and new opportunities for growth.

PriceMyLoan.com is designed for wholesale, correspondent, and retail lenders as a private-label system that is seamlessly embedded into existing websites, providing an online channel for originators to submit loan files and receive detailed and accurate pricing in under 20 seconds. PriceMyLoan.com is also fully integrated with Lender's Office, Insight Lending Solution's exclusive Web-based LOS, to give lenders the most comprehensive origination, processing, qualification, and pricing tool available.

With the new credit integration, PriceMyLoan.com can both re-issue and order new credit reports from an additional 120 credit vendors, alongside the original 85 credit vendors. This saves lenders time and money without unduly risking a borrower's credit quality. "If a broker is told that their credit vendor is not available and that a new credit report has to be ordered, the whole deal is put at risk," says Gigi Campbell, National Sales Director for Insight Lending Solutions. "Our new integration essentially means that any broker with a credit report can price loans and get an accurate pre-approval."

Credit integration also extends into the accuracy of the loan decisioning process, where PriceMyLoan.com parses the entire credit report, allowing for extremely detailed construction of product guidelines. "Subprime and Alt-A loan products are especially stringent when it comes to evaluating credit quality," Campbell says. "Our pricing engine reads 100% of a credit report, making it one of the few pricing engines that can faithfully reproduce borrower qualifications on Alt-A and subprime loan products."

As a result, lenders using PriceMyLoan.com have seen a noticeable increase in their approvals. "The engine has significantly improved our pull through, as much as 25%," remarks Linda Bomar, president of Unprime Securities Corporation. "We get less yes's on the front end but more approvals" as a result of the direct credit integration and decisioning accuracy produced by PriceMyLoan.com. "Brokers are telling me that many of their difficult loans that other lenders would say "refer" or "no match" are coming back with an "approval" using PriceMyLoan.com."

Lenders provide their list of investors and loan programs to Insight Lending Solutions, who build the loan matrices, qualification guidelines, and underwriting conditions. Insight Lending Solutions maintains rate and product updates throughout the lifetime of the system.

PriceMyLoan.com is provided in an ASP/Software as a Service (SaaS) model, lowering the overall cost of advanced origination and underwriting technology to a level that mid-tier lenders can reasonably afford. "PriceMyLoan really levels the playing field for small and medium-sized lenders. We're enabling them to compete with the country's biggest lenders using technology that surpasses even their capabilities."

About Insight Lending Solutions
Insight Lending Solutions (ILS) is a leading developer of web-based technology for the mortgage finance industry. ILS provides mortgage lending institutions with innovative solutions for loan pricing, decisioning, processing and origination. Based in Costa Mesa, California, ILS is committed to the development of intelligent business solutions that combine cutting-edge technology with superior client support. For more information, please visit www.insightlendingsolutions.com or call (888) 285-3912.

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Contact: Linn Cook
PriceMyLoan
(714) 957-6335
lncook@pricemyloan.com
www.pricemyloan.com