Castle Point Achieves Implementation of the Mortgage Cadence Lending Platform.

Eight-Month Implementation Accomplished at Hands of Mortgage Company's IT Experts Utilizing Implementation Methodology of Implementation Contractor

DENVER -- Mortgage Cadence, a leading provider of enterprise lending solutions (ELS) for the mortgage industry, and Castle Point Mortgage, Inc. are pleased to announce the implementation of the Mortgage Cadence Orchestrator[TM] ELS application. Headquartered in Elkridge, Md., Castle Point is a retail lender, operating in multiple states and handling a variety of product types.

Following an extensive due diligence process, Castle Point chose the Mortgage Cadence Orchestrator application as their lending platform. "We are pleased to have chosen a software system that is easily customizable to our needs," commented Gerald Infantino, president of Castle Point Mortgage. "There was no other system that we found during our selection process that provided the breadth of functionality while offering us the ability to cost effectively implement ourselves. The Mortgage Cadence system will help bring Castle Point Mortgage to the next level and assist us in achieving our long term strategic goals."

Castle Point has seen a substantial amount of growth over the past three years. As of October 2006, Castle Point has increased its loan origination by over 300% compared to its 2003 year-end loan volume. Due to this substantial growth, the Castle Point executives began their search for a new software system in early 2006. The Castle Point team was looking for an application that would handle all of the company's product lines, increase process times and efficiency, as well as a lending platform that would is scalable to meet their future needs. Their decision on the application also needed to be supported by the software company's proven staying power in the market.

For their implementation of the Mortgage Cadence Orchestrator application, Castle Point took a different approach. Rather than engaging an implementation or consulting firm to manage the entire implementation project as most financial institutions opt to do, Castle Point chose to complete the implementation internally. However, they realized the importance of involving a company knowledgeable of the system to assist from a mentoring and training standpoint.

With guidance from Mortgage Cadence's sister company, 3t Systems, Castle Point utilized 3t Systems' implementation methodology to complete their implementation. For this, Castle Point engaged 3t Systems as only a mentor -- all of the project management, analysis, design, configuration and custom development was performed by Castle Point.

With a group comprised primarily of internal IT experts, Castle Point went live on the Mortgage Cadence Orchestrator application after just eight months. Over the next few months, Castle Point plans to continue working closely with 3t Systems, customizing their product and adding more advanced business functionality in order to fully meet their business requirements. To assist with these enhancements, Castle Point selected the Mortgage Cadence Software Development Kit (MCSDK) that comes complete with code templates, system documentation and extensibility guides. Mortgage Cadence's "extensibility" tools allow Lenders to expand the functionality of the system using published application programming interfaces (APIs) in order to create and maintain custom software packages. Using the MCSDK, Castle Point customized the Mortgage Cadence Orchestrator application to include screens, fields and tables, interfaces, and Web services to name a few, that specifically meet their operational needs.

"Mortgage Cadence is proud to have been selected to partner with Castle Point and we look forward to our continual partnership in the months and years following their 'go-live'," said Michael Detwiler, CEO of Mortgage Cadence. "Much of Castle Point's success can be attributed to their strong executive leadership and product management, as well as their commitment to 3t Systems' training and methodology. All of which contributed to a very smooth learning curve and implementation project."

About Mortgage Cadence

Mortgage Cadence supplies lending platforms that enable companies to focus on profitability and superior service. Comprised of comprehensive end-to-end LOS functionality at its core, a business rule management system (BRMS), workflow engine, product and pricing functionality, imaging/electronic document management and document preparation services, the system gives companies the flexibility to readily adapt to industry changes and easily capitalize on new business opportunities. Built on an ever-evolving, SOA-based architecture, consisting of functionality to innovate the mortgage process, and an eye toward the eventual realization of e-Mortgages, Mortgage Cadence provides the last lending platform a company will ever need. To learn more, please visit us on the Web at http://www.mortgagecadence.com.