Mortgage Lending Industry Benefits from Arbortext's XML/SGML Technology

["Beth Ambaruch" <bea@arbortext.com>]

Mortgage Lending Industry Benefits from Arbortext’s XML/SGML Technology

Mortgage Resource Center uses Arbortext e-content software for the most
comprehensive, accurate and up-to-date collection of compliance and
regulatory information

ANN ARBOR, Mich., June 27, 2000 -- Arbortext, Inc., a leading provider of
Extensible Markup Language (XML) –based e-content software for e-publishing,
e-commerce, and B2B
e-marketplaces, today announced that Mortgage Resource Center, Inc., a
leading publisher of compliance and regulatory information for the mortgage
lending industry, has chosen Arbortext’s XML/SGML-based e-content software
suite to capture, assemble and personalize critical lending guideline
information for the mortgage industry.

Currently, 97 of the top 100 lenders in the United States depend on Mortgage
Resource Center for the most comprehensive, accurate and up-to-date
collection of compliance and regulatory information.  Arbortext’s
standards-based software enables Mortgage Resource Center to provide this
information to major mortgage lending agencies such as Chase Manhattan Bank,
Countrywide and Bank of America, along with government agencies such as the
FHA and VA.

Mortgage Resource Center chose Arbortext’s e-content software based on
Arbortext’s strong reputation of providing complete XML-based solutions.
Currently, Mortgage Resource Center delivers its content via Intranet and
CD-ROM.  However, because the world has turned to the Web, Mortgage Resource
Center is able to publish information to that medium through the benefits of
using a standards-based structured content system.

Mortgage Resource Center has been able to reduce their delivery time by up
to 75 percent.  “Using Arbortext software, our content creators are able to
break content into reusable ‘units’ that can be repackaged quickly and
easily by simply applying a different stylesheet,” said Doug Smalley,
product development manager of Mortgage Resource Center.  “It’s a big deal
for us to be able to change the look and feel of a document, or even deliver
the document to a different set of customers with a different delivery
platform, whenever we want by simply making a quick adjustment – we reap the
advantages immediately.”

Accurate and timely compliance updates and regulatory reports are not enough
for today’s financial lenders.  Continues Smalley, “Not only do we have to
deliver accurate information to our customers as quickly as possible, but
also in ways that provide an additional value.  Using Arbortext software
enables us to do this by offering our customers benefits such as an email
news service, a summarizing service, and a topic index service.  Our
customers are able to receive and view information in ways that provide them
with additional opportunities to remain competitive in today’s lending
industry.”

“Enterprises increasingly seek to increase both the quantity of information
they share with their customers as well as the usability of that
information,” said PG Bartlett, vice president, marketing at Arbortext.
“Our e-content software helps companies leverage the power of XML and SGML
to capture their information in a form that they can easily reuse in
multiple instances and automatically repurpose for multiple media.”

About Mortgage Resource Center, Inc.

Mortgage Resource Center, Inc., located in Eagan, Minnesota, is the maker of
AllRegs, the leading source of compliance and guideline information for the
mortgage lending industry.  Major mortgage lenders such as Countrywide,
Chase Manhattan Bank and Bank of America,
along with agencies such as Fannie Mae, Freddie Mac, FHA and VA, depend on
AllRegs for accurate and time agency guideline and compliance data.   For
more information please visit http://www.allregs.com.


About Arbortext

Renowned as one of the original creators of XML, Arbortext is the leading
global provider of XML software for content critical to e-business. Shipping
since 1991, Arbortext’s standards-based software enables enterprises to
provide more personalized, dynamic and easily searchable content for
e-publishing, e-commerce and B2B e-marketplaces. Arbortext’s software is
currently deployed at over 300 of the Global 2000 companies, including AT&T,
Audi, Boeing, British Aerospace, Caterpillar, DaimlerChrysler, Ericsson
Telecom, Ford, GM, IBM, Lucent, Nokia, Qantas, Ricoh, Sun Microsystems,
International Thomson Publishing, United Airlines, Volkswagen, Volvo and
West Group. Arbortext is a founding member and active participant in the XML
Activity of the World Wide Web Consortium (W3C). Headquartered in Ann Arbor,
Michigan, USA, Arbortext has offices around the world.

For more information please visit http://www.arbortext.com.


Contact: 	Kevin Astle					PG Bartlett
	  	Text 100					Arbortext, Inc.
	  	+1 617.399.4902				+1 734.327.6819
	 	kevina@text100.com			pgb@arbortext.com

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