Boston - Nov. 27, 2006 - LendersLogic, Inc. today announced that its consumer direct online mortgage loan decisioning solution was selected by Moneytree, Inc. of Tacoma, WA. as part of the launch of the company's new retail mortgage subsidiary, Moneytree Mortgage™.

Moneytree Mortgage is the newest division of Moneytree, Inc., which opened in 1983 in Renton, Washington. The company has since grown to 115 financial service centers in 6 states with more than 1,000 employees. Moneytree Mortgage is launching first in Washington State with plans to later offer mortgages in Idaho, southern California, Nevada, Colorado and Oregon.

As online shoppers demand better online services, LendersLogic is helping originators of all sizes create a better experience for mortgage borrowers.

"Among our goals is to target the first time homebuyer," said Racardo Mc Laughlin, Moneytree Residential Mortgage Division Vice President. "With research showing eight of 10 first-time homebuyers beginning the origination process online, we determined that instant online approval would quickly allow us to differentiate our business from traditional mortgage brokers and give us a tool to compete more fully with other online lenders."

LendersLogic™ award winning technology today is used by banks, credit unions and mortgage companies all across the country to provide consumer direct decisioning right at the point of sale. More than just a credit evaluation, LendersLogic provides a one step institutional underwriting assessment on all submitted applications.

"We selected LendersLogic because it met our needs for a smart, powerful sales tool that could be private labeled yet remain fast and easy for the consumer to use," said McLaughlin. "Not only does the short application match the tight, succinct design of our web site, but its flexible features and set up allows us to use it in branch offices as well as our call centers."

LendersLogic appeals to originators that need a tool to help them build their Internet channel while easily integrating with their existing web site and point of sale software, according to Wayne Howe, LendersLogic President.

"We are pleased to welcome Moneytree Mortgage as a new client and look forward to helping them achieve their goals of becoming a top online mortgage originator," said Howe. "LendersLogic provides Moneytree Mortgage a decisioning component that matched the clear and concise feel of their web site. Moneytree now has a sales tool that was easy to implement, is easy to use and one that will help them build volume without dictating the way they do business."

About Moneytree, Inc.

A pioneer in retail financial services, Moneytree already provides personal loans, payday loans, money orders, wire transfers and check cashing services in six states. Brothers Dennis and David Bassford, and David's wife Sarah, opened the first store in Renton, WA more than 25 years ago. Headquartered in Seattle, WA, the company can be contacted at (800)745-1011 or by visiting www.moneytreeinc.com.

About LendersLogic

Among the first companies to provide consumer-direct automated underwriting at the point of sale, LendersLogic was built in partnership with leading mortgage lenders and has a verified interface to Freddie Mac's Automated Underwriting System (AUS). Offered as a managed web service, LendersLogic meets all government guidelines for consumer data protection and the product was awarded Mortgage Technology Magazine's "Rising TechStar 2005" award.

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