INTERLINQ Announces Integration With Fannie Mae Technology; New Connectivity Announcements Highlight MortgageWare Users' Group Meetings.

Business Editors/High-Tech Writers

INTERLINQ MortgageWare Users' Group Conference

BELLEVUE, Wash.--(BUSINESS WIRE)--May 8, 2002

INTERLINQ Software (Nasdaq:INLQ) today announced three systems connectivity initiatives that will help mortgage lenders streamline the lending process through deeper integration between Fannie Mae's technology platform and INTERLINQ's MortgageWare(R) lending platform. The integration initiatives will support lenders using both MortgageWare and Fannie Mae's Desktop Underwriter(R) products and services.

Speaking at the annual Mortgage Ware Users' Group conference today, Harvey Trimble, managing director, Fannie Mae/eBusiness, said, "Fannie Mae is committed to helping its lender partners build and enhance all of their distribution channels. Through these initiatives Fannie Mae can continue to help lenders improve the mortgage origination process and meet the needs of their borrowers."

Fannie Mae's Trimble is among the industry leaders participating at the INTERLINQ MortgageWare Users' Group (MUG) conference, taking place May 7-10 in Bellevue, Wash.

"Enhanced connectivity to Fannie Mae's technology platforms can help lenders improve customer service and profits," said Michael Jackman, INTERLINQ president and CEO. "Our initiatives are representative of the important technology advances we are announcing at our 2002 MUG conference this week."

The connectivity capabilities will be part of INTERLINQ's new supply-chain integration platform, MortgageWare Connect(TM) (MWC), which will be released in late summer. MWC works in concert with INTERLINQ's flagship MortgageWare lending platform to help lenders integrate electronic third-party services into their lending processes and drive connectivity across the mortgage supply chain.

"INTERLINQ is committed to helping its customers eliminate all unnecessary manual processes," said Jackman. "Automating business process management throughout the supply chain is the key to maximizing efficiencies and closing more loans faster."

Integration with Fannie Mae Case File Data services will be the first MortgageWare Connect offering, and will provide lenders the ability to easily gather loan files submitted to Fannie Mae.

Later this year INTERLINQ will offer connectivity options to additional Fannie Mae services. These options will provide lenders with the ability to:

-- Automate the importing of loan applications and delivery of status updates
for lenders who use the Instant Pre-Approval (IPA) solution, which is powered
by Fannie Mae technology. IPA allows the borrower to enter limited financial
information, obtain a pre-approval decision online, and print out the
pre-approval letter from the lender; and

-- Access electronically a suite of services to order, fulfill, and manage
mortgage services such as appraisals, flood, title, and closing/escrow through
Fannie Mae's Desktop Underwriter Connections(R).

MortgageWare Connect will replace INTERLINQ's MortgageWare(R) External Loan Application Interface (MELAPI). INTERLINQ intends to offer an array of "connectivity adaptors" to expand lenders' ability to interact with a broad selection of electronic trading partners. MELAPI customers will receive the base product as an automatic upgrade with its expanded functionality, including the ability to import, edit and translate data from third parties.

INTERLINQ Software Corporation, established in 1982, is a leading provider of technology that helps organizations effectively manage complex, information-intensive business transactions. The company's mortgage technology businesses offer client-server and Web-based solutions to mortgage lenders, including a number of the top originators. INTERLINQ lending systems process approximately one in eight retail mortgages, more than any other system. The company's products automate the life cycle of the loan from origination through servicing. INTERLINQ's enterprise application integration (EAI) business offers a framework to integrate and manage business processes across the enterprise; its technology solutions have won industry recognition and awards. More information on INTERLINQ's products and services is available on the company's Web site at www.interlinq.com.