Unison Global Partners

FOR IMMEDIATE RELEASE

DRI Management Systems Forms Alliance with Unison Global Partners to Accelerate REO Dispositions

DRI's Default Solution a key technology to enable UGP's guaranteed property disposition services to free lenders from REO burdens.

Newport Beach, California, June 16, 2009 – DRI Management Systems, the industry's leading provider of default management solutions for the mortgage industry, announces their alliance with Unison Global Partners, LLC (UGP), the Pleasanton, California provider of REO (real estate owned) disposal services for mortgage lenders and servicers. This unique alliance offers loan servicers of all sizes a low cost and expedited method to seamlessly manage, track and dispose of distressed assets. UGP offers an array of critical services such as REO management, title and escrow, valuation services and a network of real estate brokers and live on-line auction capabilities aimed at selling lender-owned real estate quickly and efficiently. UGP uses DRI's flagship software product, The Default Solution, as its automation base to facilitate the flow of information from servicers into the UGP suite of property disposition services, eliminating human error and accelerating the process.

Unison Global Partners is distinct in its property disposition efforts by virtue of offering a guarantee that the property will sell and yield the maximum possible price. This is made possible by UGP’s utilization of several approaches over the course of its three-stage process. In the first stage, a property is listed with UGP’s broker partner, REObroker.com, which has 60 days to sell the home using its automated system and access to over 80 million potential buyers around the world. If that does not occur, stage two involves an online auction to a global audience of investors and end-buyers lasting 14 days. Stage three is a live auction, conducted according to a marketing plan designed around the particular property. UGP says the first two steps are successful in 90 percent of the cases, so only 10 percent will typically get to this last stage. The end result is an assured disposition of REO properties, freeing lender capital, preserving neighborhoods by putting owners in otherwise vacant homes, and helping the country weather the storm of foreclosures and lender-owned real estate.

DRI's technology platform, The Default Solution, is an essential part of making this process work, according to Steve LaRocque, CEO of UGP. "DRI's technology and their client base form the perfect launching point for this unique service. The other service providers invited to join this alliance, in combination with UGP and DRI’s industry-wide contacts, will enable us to build and grow this business very quickly," he says. It is UGP's goal to make this approach the standard industry practice for servicers of distressed assets of all sizes and in all areas of the country, he explains. "Our services and strategies are easy to understand and even easier to engage." We create a standardized, repeatable, proactive process to take charge of REO properties and, as a result, the assets are removed from the servicer’s books and are sold at the highest available price. This business model reduces the cost of managing the REO process, while yielding the most return and minimizing the loss of each asset."

Tom Moon, CEO of Pacific Moon Properties and founder of UGP's exclusive broker network, REObroker.com, agrees that the technology is a key to success in rapid property disposition. "DRIs Default Solution is a comprehensive default management technology that enables servicers to minimize traditional staffing levels in handling defaulted loans," he says. "When you can automate the handling of those assets, bringing together relevant information and helping to manage their progress through to sale, you can create a process that works quickly and efficiently, as we have done with UGP." Paul Wright, senior vice president of Sales and Marketing for DRI observes, "With the increasing number of REOs flooding the industry, lenders are scrambling to find ways to handle their growing inventories while keeping costs down and maintaining their own internal business processes. One of the key reasons UGP came to us with their service offering earlier this year was our position in the industry and our willingness to think outside the box. The combination of our technology and their ability to deliver their service consistently and effectively will make this important new business a complete success, bringing tremendous value to lenders, servicers and investors, alike."

DRI's The Default Solution offers a full suite of default management software modules covering all aspects of the default management cycle, including loss mitigation, bankruptcy, claims and litigation, as well as property preservation and pre-foreclosure. The Default Solution also features customizable web portals providing interfaces for both a foreclosure and attorney focus, as well as for REO and broker interaction.

"UGP was created to fill a gap in the industry not being addressed by the traditional service providers today," says Wright. "They bring a much-needed solution to the mortgage industry and the American economy as a whole."

About DRI Management Systems

Based in Newport Beach, California, DRI Default Management Services offers a suite of integrated default management software that can be used individually or in unison, and which can be interfaced with any other servicing or accounting system. DRI’s flagship technology, The Default Solution, enables companies to minimize their number of defaulted loans, and expertly manage and automate the servicing of defaulted loans, including prime and non-prime mortgages as well as secured and unsecured consumer loans. The Default Solution features a complete array of default management software modules, including: loss mitigation, pre-foreclosure foreclosure, bankruptcy, REO, litigation, property preservation, administration, and claims and auto/consumer loans. Clients include two of the nation’s top five servicers. For more information, please visit www.DRIdefault.com.

About Unison Global Partners, Inc.

A Pleasanton, California based corporation, UGP offers the most comprehensive default asset and portfolio liquidation systems in the market place. Through their worldwide network of business affiliates, UGP offers The Unison System, which provides solutions to banks, asset managers and most importantly, to homeowners at any point during the default loan process. UGP offers no-cost loan modifications through their non-profit partner, as well as short sale and foreclosure options through their proprietary software system. UGP’s goal is to keep homeowners in their properties and when that is not possible, to make the short sale or foreclosure process as efficient as possible while providing options. Thanks to this partnership with its non-profit partner, there will be an instant national footprint encompassing over 250 local and regional markets. UGP offers its bank and asset manager clients one of the largest potential buyer networks in the industry, with access to over 80 million people worldwide. UGP’s IT solution is fully integrated and can be seen on many of the largest real estate websites. From start to finish, UGP makes the difficult processes of loan modification, short sale or foreclosure easier and more efficient for all parties. For more information please visit their website as www.unisongp.com.