Countrywide Renews Commitment to Dorado ChannelMaster

Dorado ChannelMaster Helps Nation'a Top Mortgage Lender Increase Online Visibility for Loan Officers

San Mateo, Calif.—September 21, 2004—Dorado Corporation, the leader in mission-critical, on-demand solutions for home lending, and Countrywide Home Loans, Inc. a national leader in residential finance, today announced that Countrywide has renewed their product licensing agreement for Dorado ChannelMaster® for another three years.

Today, ChannelMaster provides Countrywide’s network of retail loan officers, branch managers, and loan officers, including their growing roster of joint ventures, with personalized Web sites that are accessible by consumers, real estate professionals, and homebuilders. Over the past year, Countrywide has had tremendous success with the sites, which have improved communication and collaboration, helping Countrywide deliver superior customer service and increase online exposure for loan officers.

“We are very pleased with the success of the loan officer Web sites,” said Bruce Cornelius, senior vice president of Countrywide Home Loans. “The Dorado solution provides all of the features we need and can be easily enhanced as our needs grow and change. The Dorado team is extremely professional, and their understanding of our industry helped to ensure that our implementation was fast and easy. And now, our loan officers enjoy custom Web sites that make it easy for customers to request loan product and rate information, online.”

“For any business tool, whether it's a business card, flyer, name tag, etc., the value comes from its use,” said Oliver Oliquiano, Countrywide sales manager in Hilo, Hawaii. “I’m marketing my site in radio and newspaper ads, and I’ve added it to my business card and my outgoing e-mail signature. I’m getting great exposure, and I share that benefit with various business associates by enabling them to link to my site through the Resources feature.”

“Realtors® love my Web page,” added Oliquiano. “They think it looks great, and they find that it’s user-friendly. They like the convenience of calculators they can access at their desk. And they tell their customers about it.”

Dorado ChannelMaster is a mission-critical, on-demand enterprise software solution for home loan marketing, origination, and processing. ChannelMaster facilitates communication and improves productivity by tightly integrating all participants in the mortgage process—borrowers, brokers, loan officers, and operations personnel—via secure, personalized Web sites. Built on the Dorado .MOR™ Web Services platform, ChannelMaster leverages industry standards and protocols to make integration with legacy LOS and POS systems and external services fast to build, easy to maintain, and cost-effective to add.

“With Countrywide’s reputation for world-class online lending, we are extremely proud that ChannelMaster has lived up to their expectations of a Web-based solution for their retail channel,” said Dain Ehring, CEO, Dorado Corporation. “Countrywide’s renewal is further proof that Dorado technology is designed for flexibility to help lenders achieve their business goals even as their businesses change and grow. We are delivering on our promise to Countrywide to provide superior solutions and service, and we’re thrilled that they have reinforced their commitment to Dorado through this multi-year renewal.”

About Countrywide Home Loans, Inc.

Founded in 1969, Countrywide Financial Corporation (NYSE: CFC) is a member of the S&P 500 and Fortune 500. Countrywide, through its subsidiaries, provides mortgage banking and diversified financial services in domestic and international markets. Mortgage banking businesses include loan production and servicing principally through Countrywide Home Loans, Inc., which originates, purchases, securitizes, sells, and services primarily prime-quality loans. The company is headquartered in Calabasas, California and has more than 30,000 employees with over 600 offices. For more information about the company, visit Countrywide’s Web site at www.countrywide.com.

Countrywide is not affiliated with Dorado Corporation and is not responsible for the products or services provided by Dorado.

Dorado Corporation

Dorado Corporation is the leader in mission-critical, on-demand solutions for home lending. Today Dorado’s innovative solutions enable more than 125,000 lending professionals to increase efficiency and productivity at the point of sale. The solutions also drive cross-sell/up-sell opportunities by increasing workflow flexibility and simplifying technology integrations for leading lenders such as Chase Manhattan Mortgage Corporation, Citi, Countrywide Home Loans, and Washington Mutual. www.dorado.com

Copyright © 2004 Dorado Corporation. All rights reserved. Dorado ChannelMaster and Dorado PriceMaster are registered trademarks of the Dorado Corporation. Dorado, the Dorado logo, Dorado, Dorado SourceMaster, and Dorado .MOR are trademarks of Dorado Corporation. Other company and/or product names may be trademarks or registered trademarks of their respective companies.

Press contact:
Melinda Mattei
Dorado Corporation
650-227-7329