SCME Mortgage Bankers Deploys PriceMyLoan.com for Subprime Wholesale Division

COSTA MESA, CA, August 30, 2005 – Insight Lending Solutions announced today the successful deployment of their PriceMyLoan.com automated lending solution with SCME Mortgage Bankers, Inc. Insight Lending Solutions setup and completed deployment of PriceMyLoan.com for SCME quickly and efficiently, allowing for the rapid establishment of their nonprime lending division, CLEARPATH Lending Solutions.

PriceMyLoan.com is a rules-based loan decisioning and pricing engine that is private-labeled and custom configured for lenders. Insight Lending Solutions uploads investor loan products and programs, and maintains the guidelines and rate updates as a part of their service. As an ASP/Web-based solution, the PriceMyLoan.com system can be deployed in as little as 30 days, enabling lenders to experience ROI quickly and cost-effectively.

"Because CLEARPATH Lending Solutions is an entirely new lending division, we knew that time-to-market issues were a major factor," says Gigi Campbell, National Sales Director for Insight Lending Solutions. "SCME wants to make an impact on the nonprime market as quickly as possible. As a full service technology provider, we shouldered the tasks of hosting, configuring, and maintaining their pricing engine. We want them spending time reaping the benefits of PriceMyLoan.com instead of learning how to use it."

"CLEARPATH Lending Solutions needed to be able to successfully deploy an automated pricing engine that was user-friendly and ready to go-live when we were.  Insight Lending Solutions facilitated that need," commented VP of E-Business, Brandon Matthias.

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.lendersoffice.com or call (888) 285-3912.

About SCME
SCME Mortgage Bankers Inc. has been in business since 1984 and is one of the fastest growing privately held mortgage bankers in the country. Located in San Diego, CA the corporation is an approved FNMA, FHLMC, GNMA seller/servicer and approved by FHA under the Direct Endorsement Programs and VA under the Automatic Lender Program. Licensed to do business in 19 states, SCME originates loans on a wholesale and retail basis and offers a full range of prime, Alt-A, niche and government loan products.

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

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