LendingQB to Exhibit at the TMBA's 2013 Southern Secondary Market Conference by Send2Press


									PRESS RELEASE: LendingQB to Exhibit at the TMBA's 2013 Southern Secondary Mar...                                        Page 1 of 2

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   Banking and Finance News

   PRESS        RELEASE:
   LendingQB to Exhibit at the TMBA's 2013 Southern Secondary
   Market Conference
   Thu, 07 Feb 2013, 07:55:01 EST

   COSTA MESA, Calif., Feb. 7, 2013 (SEND2PRESS NEWSWIRE) --
   LendingQB, a provider of end-to-end loan origination software,
   announced that it will be exhibiting at the Texas Mortgage Bankers
   Association (TMBA) annual Southern Secondary Market Conference
   for the first time. The event will be held at the Marriott Woodlands
   Waterway Hotel and Convention Center in Houston, Texas on
   February 12-14, 2013.

   At the conference, LendingQB plans to introduce its "You Configure
   vs. We Configure" technology approach to attendees, a concept that
   highlights the differences between Software-as-a-Service (SaaS) and
   traditional software vendors and how this impacts the rate of LOS
   implementation success. "Lenders don't spend enough time thinking
   about what happens after they sign a contract," said Linn Cook,
   marketing director at LendingQB. "They're good at evaluating vendors
   for features, but they don't pay enough attention to how a platform will be implemented. That's why you see a lot of delays and

   In general, complex software implementations go over budgets and beyond scheduled timeframes 65 percent of the time and
   35 percent of projects end in outright failure. LendingQB believes that lenders end up spending anywhere between $100,000
   and $500,000 in extra costs to complete implementations.

   "The real problem is that many lenders simply accept this as the cost of doing business. They accept it when vendors say,
   'You configure it,'" said Cook. "This is where the SaaS model makes a huge difference." Providing LOS functionality through a
   web-browser not only cuts IT costs, but it allows vendors to take on more of the burden of implementation, configuration and
   general platform maintenance. "We've never had a failed implementation," Cook noted. "The 'We Configure' approach
   redefines the concept of service in a way that ensures implementation success."

   LendingQB will be making presentations of its 'You Configure vs. We Configure' approach at the TMBA Southern Secondary
   Market Conference at booth #15 in the expo hall. For more information, please contact Linn Cook at (714) 957-6335,
   extension 2212 or email him at lncook@lendingqb.com.

   About LendingQB:

   LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services
   for the mortgage industry. The LendingQB LOS is a 100% Web-based, true end-to-end enterprise-class loan origination
   platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail,
   correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible. LendingQB uses a
   consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the
   utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational
   performance and lowered cost per loan. For more information about LendingQB, please call 888-285-3912 or visit
   http://www.lendingqb.com/ .

   About Texas Mortgage Bankers Association:

   Since 1917, members of the Texas mortgage banking community have turned to Texas Mortgage Bankers Association for its

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PRESS RELEASE: LendingQB to Exhibit at the TMBA's 2013 Southern Secondary Mar...                                                         Page 2 of 2

   leadership in industry education, legislative initiatives and peer interaction. Today, TMBA's purpose is still to serve the mutual
   interests of its members in order to preserve, enhance and advance the mortgage banking and real estate finance business in
   the State of Texas. In its effort to advance the Texas real estate finance industry, TMBA supports the highest professional and
   ethical standards of business among its members while promoting development and prosperity among the industry as a whole.
   TMBA members include mortgage lenders; mortgage brokers; real estate finance service providers such as title private
   mortgage insurance companies, and other real estate insurance providers; attorneys, etc. TMBA aims to meet the educational
   needs of its membership by providing up-to-date information on new publications and the development of instructional courses
   that expand the scope of mortgage banking. For more information, visit http://www.texasmba.org/ or call (512) 480-8622.

   Joe Bowerbank
   Profundity Communications, Inc.


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   For more information about this news release, contact LendingQB directly through their Web site found in the above press release, and NOT


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