MortgageRamp Announces Successful Launch of Residential Loan Performance Advisory Service; MortgageRamp's Residential Surveillance Solution Rethinks the Way the Industry Approaches Loan Performance.

ATLANTA -- MortgageRamp, a division of OfficeTiger and a leading provider of business-process outsourcing and technology solutions for the real estate finance industry, today announced the successful launch of its Residential Surveillance Solution, a powerful residential loan performance advisory service for companies that invest in residential mortgage-backed securities.

MortgageRamp's Residential Surveillance Solution is designed to protect and increase investors' returns by identifying risks, helping investors avoid potential loses and improving bond cash flow. "This industry is changing and we're beginning to see a demand in the marketplace for a solution that can provide real insight into how these loans are performing," said MortgageRamp CEO Ken Beyer. "Investors want a broad performance overview as well as the ability to drill down and isolate specific issues quickly and efficiently. MortgageRamp's Residential Surveillance Solution does both."

The innovative technology built into the solution is backed by MortgageRamp's Residential Surveillance team, comprised of dedicated and seasoned residential servicing and mortgage banking advisors who have extensive experience working with participants in the fixed income marketplace.

"Unlike other firms that simply provide 'credit risk management' services to the fixed income space, our team of knowledgeable residential advisors combine their expertise with this cutting edge technology to deliver a consultative solution that no one else in the industry offers - guidance and surveillance on the complete residential mortgage loan servicing process," said Keith Gettmann, Executive Managing Director of MortgageRamp's Residential Services. "This new approach has taken hold in the industry as proven by the major clients who, within just a few months, trust us to manage their credit risk on more than $35 billion of securities."

Powered by MortgageRamp's RS3 system, the solution utilizes proprietary mortgage analytics and offers clients state-of-the-art statistical modeling, data integrity analysis, detailed and flexible reporting capabilities and objective consultative evaluations.

MortgageRamp's Residential Surveillance Solution uniquely breaks the advisory process into four phases.

Phase I - MortgageRamp certifies the integrity of the clients' data. Upon receipt, the data is put through a multi-faceted "cleansing" process that includes a preliminary data scrub, a detailed review by a data analyst and an automated data transfer which applies a standardized nomenclature across all the information before it enters the database.

Phase II - MortgageRamp combines multiple logical and statistical testing practices and places all of the data in a rigorous testing environment that utilizes more than 350 metrics to measure servicing efforts and effectiveness, and identifies those loans that represent a significant risk to the cash flow and performance of the transaction.

Phase III - Once potentially impaired loans have been isolated, MortgageRamp experts manually review each loan, drilling down on problematic issues and reviewing remedial actions with the servicer.

Phase IV - MortgageRamp's team of experienced residential servicing advisors then reports its findings back to the clients, making recommendations as necessary. The cleansed and updated data is then provided directly to MortgageRamp clients via MortgageRamp's Web-based interactive client reporting system. Fully customizable, this interface offers clients detailed, drillable reporting options and data extraction capabilities.

Specific attributes of MortgageRamp's Residential Surveillance Solution include:

--Default Management

--Prepayment Penalty Maintenance

--MI Collection Maintenance

--Performance Analytics

--Dispute Arbitration

--Servicer Oversight

--Data & Text Mining

--Representations and Warranties Analysis

--Report Reconciliation

"Our ultimate goal is quite simple," said Gettmann. "We want to provide our clients with definitive loan-level solutions coupled with concise, useable data that they can in turn access and monitor to make truly informed decisions."

About MortgageRamp

MortgageRamp, a division of OfficeTiger, is a leading provider of business process outsourcing and technology solutions for the global real estate finance industry. Whether it's outsourcing a specific step in the commercial or residential loan process or leveraging the firm's technology capabilities, MortgageRamp offers clients a complete solution, serving 150 major financial institutions worldwide. Headquartered in Atlanta, Georgia, MortgageRamp maintains a full-time staff of approximately 300 associates with offices in New York City; Washington, D.C.; Philadelphia; Salt Lake City; Houston and Dallas. Visit www.MortgageRamp.com to learn more or call 1-888-496-2200.

About OfficeTiger

Founded in 1999, OfficeTiger is a global professional support services firm offering industry-focused, judgment-based services that support core functions of our clients in real time. One of the largest diversified BPO solution providers, OfficeTiger has four main lines of business including Research & Analytics, Premedia, Financial Management and Transaction Processing Services. We create, process and distribute mission-critical information for the world's largest investment banks, diversified financial institutions, legal firms, print and publishing houses, retail chains and Fortune 500 companies. Headquartered in New York City, OfficeTiger has operations in the UK, Germany, India and Sri Lanka. For more information, please visit www.officetiger.com.

NOTE TO EDITORS: In the product name RS3 noted in this news release, the 3 is superscripted after RS. This symbol may not appear properly in some systems.