HMDA RELIEF and Instant Geocoder Selected by State Department Federal Credit Union

Compliance and geocoding technology to simplify management and submission of loan data

LAGUNA HILLS, Calif., June 28, 2006 – QuestSoft, a provider of Home Mortgage Disclosure Act (HMDA) compliance solutions and geocoding services for brokers and lenders, announced the State Department Federal Credit Union (SDFCU), which provides financial services to its more than 64,000 members, families and retirees of the State Department and other government organizations worldwide, has selected QuestSoft's HMDA RELIEF and Instant Geocoder compliance software.

HMDA RELIEF, QuestSoft's flagship compliance product, guides SDFCU's staff through the entire HMDA compliance process from information gathering to submission, meeting all Federal Reserve Board submission requirements. Instant Geocoder provides the credit union with address verification and census tract lookup capabilities. The system can be integrated with loan origination software systems to improve marketing efficiency, react quickly to lending trends, reduce errors and compliance fines, identify lending problems and cut costs.

“We selected QuestSoft's HMDA RELIEF and Instant Geocoder to simplify our compliance processes and enable us to maintain a strong focus on better serving our members,” said Don DiMatteo, director of Lending for SDFCU ($850 million in assets). “By adopting these software solutions, we have greatly reduced the number of hours and manpower dedicated to compliance without compromising the quality or timeliness of submissions.”

“The credit union industry has benefited greatly from compliance solutions such as HMDA RELIEF and Instant Geocoder in order to more effectively compete in the marketplace,” said Leonard Ryan, president of QuestSoft. “Our software is designed to reduce the burden of compliance by automating the record keeping and submission process for credit unions of any size.”

QuestSoft's software is also used by other government-oriented credit unions such as NASA Federal Credit Union, Pentagon Federal Credit Union, Navy Federal Credit Union, Air Force Academy Federal Credit Union and the United Nations Federal Credit Union.

About State Department Federal Credit Union
Started in 1935, by eight employees of the Department of State, the State Department Federal Credit Union serves employees of the State Department and other government organizations worldwide. The credit union also serves National Credit Union Administration (NCUA) employees. SDFCU has assets exceeding $850 million with more than 64,000 members. Visit www.sdfcu.org for more information.

About QuestSoft
Laguna Hills, Calif.-based QuestSoft is a compliance-software development firm specializing in the Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA), flood determination and complete compliance management to more than 1,500 banks, credit unions and mortgage companies nationwide. The company provides software design, compliance-quality geocoding and outsourcing services that are backed by 16 years of direct mortgage software and origination experience. In addition, the company has received recognition for its many technological accomplishments.

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