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FOR IMMEDIATE RELEASE

FOR MORE INFORMATION CONTACT:
Wayland Pond, VP-Sales and Marketing (703) 734-1133 ext. 110

Vienna, Virginia. (May 1, 2005) - VirPack, a leading provider of electronic loan delivery, document management and imaging solutions for the mortgage industry, announces the integration of VirPack Direct with clients throughout the nation. Our clients are using VirPack to electronically deliver loans to Countrywide Home Loans’ Correspondent Lending Division.

With Direct, VirPack’s seamless electronic delivery tool, users select the loans they wish to deliver to Countrywide. With one click of the mouse, Direct automatically re-stacks and re-indexes the loan to meet Countrywide’s imaging specifications and securely delivers the loan in a matter of minutes.

Direct is integrated with VirPack’s document management and imaging platform, Catalog, which provides barcoding, scan capture and electronic document management applications designed specifically for the mortgage industry. Catalog can be installed and in production in as little as three days with minimal upfront costs. VirPack clients are saving up to $50 per loan file, while reducing purchase time by 1-4 days.

The following VirPack clients are currently participating: Fairmont Funding (NY), California Mortgage Advisors (CA), American Capital Funding (CA), US Mortgage Capital (CA), Liberty Financial Group (WA), Somerset Mortgage Bankers (NY), First Mortgage Corporation (CA), Opes Advisors (CA), Vitek Mortgage (CA), Federal Funding Mortgage Corporation (VA), and EmpireAmerica, LLC (CA).

"VirPack has played a significant role in helping with our expansion as well as our performance rate. Scanning and delivering our loan files through VirPack makes the entire process virtually error free and very cost efficient. I would recommend using VirPack to any lender that is producing any type of volume, as the investment will truly increase the per person output and save lots of time and money!" said Shaunt Kazanjian, Managing Director of US Mortgage Capital, Chatsworth, CA.

"The electronic delivery tool from VirPack has been a quantum step forward in loan delivery. Since deploying the solution, we have experienced significant cost savings and increased efficiencies with virtually no errors. Our settlement times on electronically delivered loans have improved by 35% versus traditional paper delivery, and the ability to electronically deliver a loan on a same day basis has taken a great deal of anxiety out of commitment dates for us." said Jason Oelrich, President of Liberty Financial Group, Bellevue, WA.

About US Mortgage Capital, Inc.
US Mortgage Capital, Inc. is not only dedicated to giving our borrowers the best rates and fees in the industry, but we are also equally dedicated to making the entire loan process Stress Free. That is why we are one of the fastest growing direct lenders in the U.S.

For more information about US Mortgage Capital, contact us at (818) 717-1400 or email info@usmortgagecapital.com or visit our website at www.usmortgagecapital.com.

About LFG
Liberty Financial Group is a full service mortgage bank headquartered in Bellevue, Washington, with an experienced staff offering expertise in all areas of mortgage lending, including Super Jumbo loans, FHA/VA loans, construction loans, and niche loans, such as Reverse Mortgages, and investment property loans to IRA trusts. The firm has access to a full range of mortgage resources, and currently originates loans throughout the Western United States. Liberty Financial Group endeavors to always provide the very best customer service in all of its relationships by combining personalized attention with world-class expertise, industry knowledge, and integrity.

For more information about Liberty Financial Group, contact Alison Hudders, Director of Marketing, at (425) 945-8076 or email alisonh@lfgloan.com or visit our website at www.lfgloan.com.

About VirPack
Founded in 1995 and headquartered in Vienna, Virginia, VirPack is a leading technology provider offering electronic loan delivery, document management and imaging solutions specifically designed for the mortgage industry. Its core technology, VirPack, is an electronic envelope that provides a standard way to package, manage and electronically deliver all data, electronic documents and images pertaining to the life cycle of a loan. By using VirPack throughout the mortgage process, clients bridge the gap between disparate systems, execute faster and reduce expenses.

For more information about VirPack, contact Wayland Pond, Vice President of Sales and Marketing, at (703) 734-1133 x110 or email wayland.pond@VirPack.com or visit our website at www.VirPack.com.

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