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72 COMPANY HISTORY RES.NET, initially established in 2003 as a subsidiary of USRES, provides an array of portals designed for different aspects of the real estate industry and integrates servicers, brokers, outsourcers, third-party service providers, homeowners, and buyers. Through specialized portals, RES.NET users can each access the same system to optimize communication and streamline processes. The portals deliver a customized, automated workflow and centralize data and documentation to create a continuous audit trail. KEY PERSONNEL » » Keith»Guenther, Founder & CEO » » Michael»Bull,»Chief Financial Officer » » Angela»Hurst, Senior VP of Business Development » » Rob»Pajon,»VP of Marketing and Product Development » » Dustin»Sauter,»Chief Technical Officer BUSINESS LINES, SERVICES, AND PRODUCTS » Servicer suite of solutions: REO, short sale, and valuations portals » Integrated 3rd party partners » System of record interface » Customizable document and data extracts » Streamlined communication between agents, vendors, and servicers » Simplified implementation » Dedicated project resource KEY FEATURES/BENEFITS RES.NET's REO portal helps servicers remain compliant while maximizing productivity to effectively liquidate distressed assets. Through tools such as tasking, messaging, reporting, and document sharing/storage, the customiz- able REO portal provides users with the ability to manage the entire process of REO disposi- tion while optimizing communication, automat- ing task management, and centralizing data. USER CONFIGURABLE ADMINISTRATION » Set up new portfolios » Manage granular user privileges » Create and edit workflows, roles, and escala- tion rules » Set up custom task templates specific to your process and documentation requirements OFFER MANAGEMENT » Asset owner can reject, counter, highest and best, or escalate the offer » Systematically receive, compile, and process purchase contracts EXPENSE MANAGEMENT » Vendors required to submit expense data and images to client for approval » Expenses processed systematically through internal approval process » Expenses can be exported to any account- ing platform or report format WHAT SETS THEM APART FROM THEIR COMPETITORS? RES.NET provides its clients with the benefits of customized software, and the cost savings and support benefits of an enterprise solution. Since there is no development required on their end, new tasks and fields can be fully functional in hours, not months. By maintaining the flexibility to evolve organically, RES.NET will continue to change along with the industry's needs. CUSTOM WORKFLOW » No custom development required » Set up and activated in hours, not months » Define individual tasks, reminders, and documentation » Add new fields to capture data » Link custom tasks and fields to create a completely customized workflow APPROVAL ENGINE » Request and approve listing terms, listing- price changes, counter offers, and HUDS » Approval-level privileges can be configured to vary based on FMV or property grade » Four different approval request types » Audit trail for each approval request REPORTING » User Interface Level – Custom Reports: 350 available query fields, with export capability to Excel or PDF format » User Interface Level – 16 Standard Reports » Data Base Level – ODS (Operational Data Store) » Data Base Level – Custom Reports Delivery WHAT ADDED VALUE DO THEY BRING TO THEIR CLIENTS? RES.NET has always believed that the best results are achieved when innovative technology solutions are put in the hands of an experienced and dedicated staff. The company prides itself on its ability make consistent system level enhancements that are driven by user feedback and industry changes. WHAT ARE THE KEYS TO THEIR SUCCESS? RES.NET's success has come through its ability to forecast industry needs and respond ac- cordingly. Although they can act upon general trends, they also acknowledge that each client has needs that are specific to their business. RES. NET products are built to provide each user with the flexibility to augment the system as they see fit without having to rely on costly and time-consuming development cycles. RES.NET 25520 COMMERCENTRE DRIVE LAKE FOREST, CA 92630 » 800.760.7036 » SUPPORT@RES.NET RES.NET LENDERS & SERVICERS OUTSOURCERS AGENTS & BROKERS ATTORNEYS SPECIAL ADVERTORIAL SECTION

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