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LENDER/SERVICER PROFILE ONE2WATCH Gateway Mortgage Group key personnel company vitals Kevin Osuna VP, Default Services Headquarters: Tulsa, Oklahoma Take a look inside the numbers Phone: 877.406.8109 Roy Briggs III VP, Mortgage Servicing Staffing » Servicing staff: Approx. 30, including 4 loss mitigation specialists » Servicing sites: 2 servicing summary * Portfolio Stats » Residential servicing portfolio: 16,613 loans; $2.4B (UPB) Portfolio Growth Loan Count » 2012: 16,613 » 2011: 9,018 » Annual Change: +84% Gateway Mortgage Group is a privately held mortgage bank based in Tulsa, Oklahoma. Gateway was founded by J. Kevin Stitt in February 2000 and provides conventional, Federal Housing Administration (FHA), and Veterans Affairs (VA) loans through 50 retail branches nationwide. According to GatewayLoan.com, Gateway's mission is "to serve our customers, employees, and communities through homeownership." Gateway currently funds more than $130 million per month in retail and correspondent production and has a servicing platform of more than $2.4 billion in volume. October 30, 2012 Gateway's Omaha Branch Sees Loan Volumes Soar Loss Mitigation Stats October 30, 2012 » Modifications: 160 » Short sales: 21 —DSNews.com Gateway Mortgage Group Maneuvers to Support Record Growth Foreclosure Stats » Foreclosure rate: 0.5% REO Stats » REO holdings: 8 *Statistics for FY 2012 2013 str ategy The company plans to use its experience to provide smaller companies with an alternative to traditional subservicers, offering the expertise of a large organization with the personal care of a smaller institution. Gateway Mortgage Group, a privately held mortgage company offering originations, servicing, and correspondent lending, announced Mark Todd has been named chief operations officer. This expanded role is in addition to his responsibilities as chief information officer, which he has held since joining Gateway in 2012. Todd brings more than 20 years of experience in the mortgage industry and will be focused on continuing to build a scalable infrastructure to help support Gateway's growth forecasts. Prior to joining Gateway Mortgage Group, he has served national wholesale and retail lending organizations at the "C" and ownership levels where he created strategic advantages through process optimization, compliance and data integrity controls, and other effective measures within the information, operations, and technology disciplines. —PR Newswire key technology Loan Workout: Proprietary Sources: Gateway Mortgage Group (1/21/2013) 42.98% 15.86% Arkansas company's l atest » 30-day delinquency rate: 1.97% » 60-day delinquency rate: .073% » 90+ day delinquency rate: 2.60% Delinquency Stats Texas Oklahoma The Omaha branch of Gateway Mortgage Group has hit record loan volumes each month, making it one of the leading branches among the company's network. Gateway credited the Omaha branch's success to the process used to integrate new offices into the firm's network and the support provided from the home office to boost productivity. Gateway provided the Omaha branch with training to equip branch managers with knowledge about Gateway's processes regarding compliance and loan origination. The Omaha branch also uses a centralized underwriter so loans can be opened and closed within their office. Four experienced loan officers were also added to the office, which opened as a Gateway branch in January. Unpaid Principal Balance (UPB) » 2012: $2.4B » 2011: $1.3B » Annual Change: +85% 84 s tat e s s e r v ic e d* Online: GatewayLoan.com 4.83% Alabama 4.18% New Mexico 3.88% *As of December 31, 2012 90+ Day Delinquencies— Top Five States* Florida7.29% Louisiana 6.24% South Carolina 6.16% Oklahoma 2.88% Texas1.58% *As of December 31, 2012 SWOT STATEMENT (Strength, Weakness, Opportunity, Threat) According to Gateway Mortgage Corporate Communications, the company's strengths include its experienced servicing management team, the ability to offer a range of mortgage banking services, and strong default management capabilities, but the company does encounter challenges in maintaining robust growth in its retail and correspondent lending channels while adapting to the rapidly changing regulatory environment.