VMP Mortgage Solutions And Dorado Corporation Strengthen Alliance

Dorado to Offer VMP's Complete Document Solution as a Web Service Through Dorado Unified Point-of-Sale Solutions

Minneapolis and San Mateo, Calif.—Oct. 24, 2005—VMP Mortgage Solutions, Inc., and Bankers Systems, Inc., both a part of Wolters Kluwer Financial Services, and Dorado Corporation, providing the on-demand network at the lender point of sale, today announced that Dorado will offer VMP and Bankers Systems’ Expere® Integrated Enterprise (Expere IE) solution as an integrated Web service. Access to the Expere IE Web service will be available as a standard feature of Dorado unified point-of-sale solutions — the Dorado Enterprise Lending System and Dorado ChannelMaster®.

Expere IE is an open-architecture technology and content solution that enables financial institutions to author, select, assemble, and manage compliance documentation across their entire enterprise according to the rules specified by their unique business practices, including mortgage and home equity. The Expere IE solution serves as a central repository for the multitude of data comprising an institution’s documents. When data is added, deleted, or changed in the repository, appropriate updates are automatically made to all of the documents—allowing an institution to use a single document library instead of multiple ones. This helps the institution increase the efficiency, consistency, and accuracy of all of its documents.

The Dorado Enterprise Lending System is based entirely on a service-oriented architecture that enables rapid, cost-effective integration of people, information, systems, and services into a lender’s workflow. The solution’s unique architecture enables services to be leveraged across the enterprise and called upon at any time in the production process, delivering dynamic, event-driven process flows to ensure maximum speed and flexibility. It is the industry’s first lending solution and service platform that enables the unification of all loan channels, products, services, personnel, customers, and fulfillment partners through a single point of sale. Dorado ChannelMaster is a comprehensive, networked point-of-sale (POS) solution for home lending that also provides the POS component of the Dorado Enterprise Lending System.

The alliance with Wolters Kluwer Financial Services also provides Dorado clients the opportunity to process electronic loan data against established compliance mandates. Through a seamless integration with compliance technology provided by PCi Corporation, a Wolters Kluwer business, clients will have direct access to a comprehensive set of web-based compliance reviews such as anti-predatory lending, HOEPA, HMDA/CRA edit checks, fair lending, geocoding, fraud, and flood determinations. The PCi suite of compliance checks reviews every loan against applicable laws quickly, efficiently and economically-without impeding loan production or service.

"By applying the same logic traditionally used by the compliance department to the front end of the loan process, lenders can ensure that all loans are compliant prior to funding or purchase, as well as significantly lower the cost of compliance", said Todd Cooper, chief product manager for PCi Corporation.

“One of the key reasons we developed the Enterprise Lending System was to empower lenders to adopt a ’best-of-breed’ vendor strategy for loan production,” said Dain Ehring, chief executive officer of Dorado Corporation. “One way we do this is by providing lenders with point-of-sale access to the Dorado on-demand network of home lending applications and services. This partnership is a perfect example of how Dorado is building the on-demand network for our customers. From an operational standpoint, the integration will save lenders significant time and money by automating document selection, assembly, and packaging. We are proud to have Wolters Kluwer Financial Services providing a native document solution for the Enterprise Lending System.”

“Expere IE uses flexible, scalable technology to give lenders the power to close loans faster and decrease time to market. By using Wolters Kluwer Financial Services’ proven compliance content, the solution also reduces lenders’ risk of using obsolete

documentation,” John Bryant, senior vice president of banking for Wolters Kluwer Financial Services, said. “The integration of Expere IE and PCi’s suite of compliance checks with the Dorado Enterprise Lending Systems will give the mortgage lending industry a new, unprecedented level of control over document production.”
About VMP Mortgage Solutions, Inc.

VMP Mortgage Solutions, a part of Wolters Kluwer Financial Services, has been providing the mortgage lending industry and government agencies with leading-edge technology and forms solutions for more than 35 years. To learn more about VMP Mortgage Solutions, visit www.vmpmtg.com or call 800.521.7291.

Wolters Kluwer is a leading multinational publisher and information services company. The company’s core markets are spread across the health, corporate services, finance, tax, accounting, law, regulatory, and education sectors. Wolters Kluwer has annual revenues (2004) of €3.3 billion, employs approximately 18,400 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

Dorado Corporation

Dorado Corporation delivers an on-demand network of applications and services to the home lending point of sale. Dorado’s innovative network-based solutions are utilized by numerous top- and emerging-tier lenders and today enable more than 190,000 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 © 2005 Dorado Corporation. All rights reserved. Dorado ChannelMaster and Dorado PriceMaster are registered trademarks of the Dorado Corporation. Dorado, the Dorado logo, 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