Press Release:
October 15, 2008

MountainView Servicing Group Completes Transition to Compass Analytics MSR Valuation Analytics

Denver, CO– October 15, 2008– MountainView Servicing Group, a Denver, Colorado-based provider of servicing analytics and trading services and Compass Analytics, a San Rafael, California-based provider of mortgage valuation and risk management analytics, announced today that MountainView has completed its transition to Compass’s MSR Valuation Analytics (CompassPointTM). MountainView provides MSR valuations for over 100 servicers and now employs CompassPointTM to provide those valuations.

Compass’s MSR Valuation Analytics, which were developed with significant input from MountainView, were released as a fully integrated part of Compass’s mortgage analytics platform CompassPointTM. The MSR analytics include both static and option adjusted spread (OAS) valuations, allow analysts to use loan and/or cohort-level adjustors on all models, include integration to industry-standard prepayment and credit models, integrate accounting functionality, provide robust attribution analysis and include speed-enhancing parallel processing. The full integration into CompassPointTM provides access to Compass’s file mapping, audit and conversion tools, pipeline and whole loan valuation analytics, and comprehensive query and reporting tools. The MSR Analytics are available for hosted and installation implementations.

Commenting on his company’s full adoption of CompassPointTM, MountainView President Mark Garland said, “We are really excited to have completed our transition to CompassPointTM. CompassPointTM’s market-leading analytics and attribution analysis, packaged with its intuitive, easy-to-maintain interface, will significantly enhance the service and analysis we can provide to our customer base. Compass has truly set a new bar in MSR Valuation analytics with both functionality and service.”

Compass’s Managing Partner, Rob Kessel added “Compass is extraordinarily pleased with MountainView’s ongoing feedback and implementation of CompassPointTM. Compass will continue to differentiate itself in the marketplace by providing powerful analytics within an intelligent and user-friendly framework, and deliver those analytics with exemplary service levels.”

MountainView provides analytic and trading services to financial institutions in mortgage-related business lines. MountainView’s extensive client list represents a cross section of mortgage sector participants ranging from small community banks and mortgage companies to regional money center banks, insurance companies, and Wall Street investment firms. Building on a long-standing commitment to provide its clients with high quality whole loan and mortgage servicing rights, analytics and advisory services, MountainView is also dedicated to continuing its presence as a principal buyer and seller of loans in the secondary market. For more information about MountainView, please visit its website at http://www.mvcg.com or contact Mark Garland at 303-633-4718 or mgarland@mvcg.com.

Compass Analytics provides valuation and interest rate risk management solutions to mortgage capital markets participants. Compass Analytics licenses its software CompassPoint™ to mortgage traders, originators, servicers and investors in order to provide unparalleled analysis. CompassPoint’s™ loan-level models, integrated file mapping, market and credit inputs, whole loan and structured cash flow analysis and reporting capabilities give CompassPoint™ users the competitive advantage in evaluating all mortgage collateral. In addition to licensing CompassPoint™, Compass uses CompassPoint™ internally to provide third party valuations as well as outsourced hedge execution services, both of which draw on Compass’ considerable expertise and access to market color. For more information about Compass Analytics, please visit its website at http://www.compass-analytics.com or contact Rob Kessel at 415-462-7500 or rkessel@compass-analytics.com.

For more information about Compass Analytics, please visit its website at http://www.compass-analytics.com or email kkramer@compass-analytics.com.