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Kazmi National Finance Chooses LEAP!
New banker implements LEAP! over other pricing options.

Montville NJ, September 18, 2008 — Mortgage Pricing Systems (MPS), developers of sophisticated pricing solutions for mortgage lenders, announces that Kazmi National Finance, a NY based mortgage banker has selected LEAP! Interactive, the Point-of-Sale version of LEAP! to be deployed across their user base.

Sam Kazmi, a mortgage industry veteran and entrepreneur says "I’ve used LEAP! before, so it was an obvious choice. I’m confident in the MPS track record and I know the personnel really well. I’ve seen the other products in the market, and I like that MPS focuses their attention on eligibility and pricing instead of the LOS features I already have or web-ads that I don’t care about. And most importantly to me, their client service reps are so quick to respond." Kazmi continues, "when I call MPS, I always talk to someone I know, and always get results that help. They’re really easy to work with"

Kazmi’s decision was based on LEAP!’s reputation for accuracy and reliability. MPS gives Kazmi National Finance the comfort level they need to quickly and effectively equip their sales team with tools that ensure their profit goals. By implementing an overlay of Kazmi’s warehouse and custom guideline requirements, he knew that the loans his originators submit would automatically conform to his corporate policies. He adds "I expect government products to be a big part of my business, and LEAP! covers FHA very well."

"Sam’s story is becoming more and more common lately," says John Coppa, Managing Partner of MPS. "We’re seeing vendor contacts — people we work with regularly — moving from company to company, for many reasons. After finding a new position, you get a call like we got from Sam requesting we continue our relationship. We have a very loyal client base. They trust our product and people. We work very hard to make that happen. Within one day we had Kazmi National Finance up and running scenarios using their own lender pricing. And we’ll be developing an entirely custom portfolio product for them in short order. We’re always happy to re-start an old friend where they left off, and more importantly help drive their future success," says Coppa. "With our new Target Rate and Target Price capabilities, LEAP! gives Kazmi representatives the power and confidence they need to close the sale on the first phone call".

About MPS:
Mortgage Pricing Systems develops and maintains product eligibility and loan pricing solutions for small, medium and large mortgage banks. LEAP! encompasses a suite of products which includes LEAP! Interactive, the point-of-sale, online technology that fully integrates into existing client platforms. In addition, other LEAP! products include batch pricing and API solutions. All MPS offerings feature the same robust, rules engine incorporating up-to-the-minute pricing, guideline and adjustment changes, ensuring bankers and investors accurate, actionable and profitable results.


Press Contact:
Tom Lyons
tlyons@mtgpricing.com
(973) 917-3050

MPS - Mortgage Pricing engines are also sometimes know by these terms: PPE, product pricing engine, eligibility, technology, tool, qualify, qualification, underwrite, underwriting, correspondent, wholesale, retail, residential.