LoanOrganizer.com Selected by H&R Block Mortgage Corporation — Online system used to hasten mortgage origination process

Business Wire, March 21, 2000

Business Editors

NEWTON, Mass.--(BUSINESS WIRE)--March 21, 2000

LoanOrganizer.com announced today that H&R Block Mortgage Corporation has licensed LoanOrganizer.com's proprietary online loan search engine nationwide in all H&R Block Financial Centers and H&R Block Mortgage's call centers. LoanOrganizer.com enables H&R Block Mortgage's loan originators to qualify a consumer mortgage application and match the consumer with mortgage loan products.

LoanOrganizer.com is a web-enabled technology and service that permits the lender to match the consumer to a specific loan. LoanOrganizer.com provides this service to customers on an outsource basis.

"We believe that the LoanOrganizer.com product furthers our commitment to customer satisfaction by providing faster responses to our customers and identifying a broader range of products for those customers," said Pat Rank, president of H&R Block Mortgage Corporation.

H&R Block Mortgage Corporation has been using LoanOrganizer.com on a trial basis for six months in two retail call centers. The company plans to use LoanOrganizer.com in its 94 financial centers as well as its Florida and California call centers. The service is expected to be available nationwide by the end of 2000.

"We are pleased that LoanOrganizer.com was selected by the H&R Block Mortgage Corporation management team because they are committed to deploying innovative tools that enhance the consumer experience and the value-added contribution of the professional to the entire process," said John M. Ladner, CEO of LoanOrganizer.com.

Arthur B. Schwartz, vice president of sales and marketing of LoanOrganizer.com said, "We're excited that H&R Block Mortgage Corporation has chosen to license LoanOrganizer.com for its retail loan origination and fulfillment operations. They recognize that choice, convenience and a professional approach is what the consumer wants today and we are excited to be part of H&R Block Mortgage Corporation's plan." About LoanOrganizer.com Founded in 1998, LoanOrganizer.com offers a complete solution and methodology for mortgage product administration. LoanOrganizer.com, based in Newton, Mass., maintains price and product databases for clients on an outsource basis. This solution provides a web-enabled approach that matches mortgage applications with loan products and transaction specific pricing.

As an application service provider (ASP), LoanOrganizer.com also ensures proper service levels for direct, call center and direct to the consumer Internet sales channels. This state-of-the-art approach delivers response time, security andfault tolerance that is the highest level in the industry. LoanOrganizer.com maintains an on-going commitment to product development and technology that will support emerging mortgage industry electronic-commerce standards, such as XML. For more information on LoanOrganizer.com services, contact Arthur B. Schwartz at (617) 332-3400, abschwartz@mediaone.net or write LoanOrganizer.com, 1172 Beacon St., Newton, MA 02461. About H&R Block Mortgage Corporation H&R Block Mortgage Corporation originates conventional, government and sub-prime loans. The company is licensed in 48 states and operates processing centers in Florida and California and branch offices throughout New England and New Jersey. H&R Block Mortgage Corporation is expanding its presence nationwide by opening loan operations in new H&R Block Financial Centers.