Dallas, Texas (August 24, 2006) – SOURCECORP, Incorporated, a leading provider of business process outsourcing solutions and specialized high value consulting services continues to expand its portfolio of mortgage offerings to include Electronic Loan Exchange. The newest development of FASTRIEVE™, the Company’s proprietary digital image repository, enables secure electronic transfer of loan files between brokers, correspondents, servicers and investors.

This new module facilitates the adoption of a paperless workflow environment without infrastructure investments or costly shipping fees.  Utilizing a high-speed document identification engine, document types can be mapped from the buyer’s checklist to the seller’s checklist in real time.  This module also employs an “electronic loan review room”, where loans can be reviewed for due diligence before acquisition or electronically transferred to the buyer.  All electronic transactions are processed securely and in compliance with industry standards.

A top 5 leading mortgage lender commented, “SOURCECORP’s streamlined approach to electronic loan exchange utilizing FASTRIEVE was adopted within our organization in 4 weeks and complies with all our security and regulatory requirements."

Jim Gerken, General Manager of FASTRIEVE, commented “Innovations in SOURCECORP’s service offerings are transforming the way Mortgage companies conduct daily operations. By replacing manual, paper-based systems with more efficient paperless processes, we enable our clients to optimize their document processing activities and deliver superior service to their customers."

Leveraging years of experience in electronic document technologies and loan document processing, SOURCECORP assists clients with the increasing demands of paperless loan processing by utilizing best practice production processes and FASTRIEVE’s secure, web-based electronic loan document repository and workflow engine. SOURCECORP currently serves a client base that includes 15 of America’s Top 20 mortgage originators.