QuestSoft Releases CRA RELIEF 2.5

New Reports, Enhanced Peer Data Integration Ensure Compliance

LAGUNA HILLS, Calif . - May 2, 2007- QuestSoft, a provider of Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA) compliance solutions and geocoding services, announced today the release of CRA RELIEF 2.5, the latest version of the company’s CRA compliance software system, which evaluates the lender’s performance and compliance with all federal CRA regulations for performance ratings and process evaluations in a one-step submission.

CRA RELIEF 2.5 adds 17 new reports to the compliance software. Five major reports categorize and address each of the specific tests applied during the CRA examination. An optional 11 market data reports analyze specific assessment areas tailored to compare data across peers. QuestSoft has also included a mapping export that can be used to view, print or e-mail maps of lending activity.

“CRA RELIEF 2.5 helps banks prepare for their annual exams with reports tailored to the lending tests by which they are evaluated,” said Leonard Ryan, founder and president of QuestSoft. ”By assuming the compliance automation burden for our clients, financial institutions can spend fewer resources on regulations and more focus on operating efficiently and increasing competitiveness in the marketplace.”

Through QuestSoft’s strategic relationship with Wallingford, Conn.-based GeoDataVision, CRA RELIEF 2.5 also provides vital market data that measures an institution’s performance against others in its assessment area. An understanding of market data is essential in presenting a financial institution’s compliance picture to examiners and in providing information that is necessary for any board of directors to make strategic lending, marketing and business decisions.

CRA RELIEF 2.5 also enables financial institutions to import its HMDA loans to verify existence of the data contained for reporting HMDA purposes. In addition, the HMDA data can be compared to the CRA data for an overall compliance picture.

About QuestSoft

Founded in 1995, Laguna Hills, Calif.-based QuestSoft is the leading provider of automated compliance and geocoding services to more than 1,600 mortgage lenders, banks and credit unions. The company's flagship products, which are led by Compliance EAGLE, provide compliance outsourcing services that are backed by years of direct mortgage software and origination experience.