New Product Features Include Federal Analysis and Commentary; Pending Legislation

AllRegs Releases New Product Features: Federal Analysis and Commentary; Pending Legislation

EAGAN, Minn.-- June 02, 2008 --AllRegs, the leading publisher of guidelines for the mortgage industry, announces the release of online product enhancements allowing subscribers to access analysis and commentary on federal legislation or view pending state or federal legislation.

In addition to searching the comprehensive online database consisting of thousands of pages of government and conventional single family lending guidelines and forms, subscribers of the flagship Single-Family Lending Package can now access the following:

    * Plain-language analyses and interpretive summaries for major federal legislation dealing with the residential mortgage lending industry, with links directly to supporting statutes and regulations
    * Continuous updates with e-mail notification
    * Federal disclosures and other forms

This Federal Analysis and Commentary covers the following major federal legislation:

    * Alternative Mortgage Parity Transaction Act
    * Depository Institutions Deregulations and Monetary Control Act
    * Equal Credit Opportunity
    * Fair Housing Act
    * Fair Credit Reporting Act
    * Fair Debt Collection Practices Act
    * Garn-St. Germaine
    * Home Mortgage Disclosure Act
    * Home Ownership Protection Act
    * National Flood Insurance Act
    * Real Estate Settlement Procedures Act
    * Truth In Lending Act

A new feature within the State Compliance Package, Pending Legislation features all pending state and federal bills, from pre-file to enacted status. The notification feature of Pending Legislation can be considered an early warning system for future changes in processes and procedures. By keeping up with the progress of the legislation, users can revise processes in advance to accommodate the new law and regulation.

Bills are categorized and searchable by subjects, such as licensing, fraud, fees and more. Users will learn all of the details regarding the pending bill, including the bill number, category, title, date, status and summary. The status information will change as the bill changes, but the bill summary will remain the same. From each matrix, users can link out to the State Legislature's web site and view the bill's full text.

Should you have any questions regarding this product enhancement or if you'd like to see a demo, please contact AllRegs Customer Service at (800) 848-4904 Monday through Friday between the hours of 8:00 a.m. CT and 6:00 p.m. CT. or email help@allregs.com.

About AllRegs:

First introduced in 1989, AllRegs is used by virtually all of the top 100 lenders as well as throughout numerous governmental agencies, including Fannie Mae, Freddie Mac, the FHLBs, FHA, VA, RHS, Ginnie Mae, and more. AllRegs is the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer Guides, The Federal Home Loan Banks' MPF Program Guidelines, and CalPERS' Member Home Loan Program Guidelines. Products include single and multifamily underwriting & insuring guidelines as well as federal compliance laws and regulations, state compliance laws and regulations with plain-language analyses, contract publishing services for retail and wholesale lenders and a library of historical guidelines. The educational division, AllRegs Academy, offers distance learning, classroom training, and a series of online Practical Guides. For more information call (800) 848-4904 or go to www.allregs.com.

Contacts

For AllRegs
Meredith Boyd, 678-781-7219