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Press Release
February 16, 2009 - Loan Resolution Corporation

Loan Resolution Corporation Names Robert Jones Vice President

Scottsdale-based Loan Resolution Corporation today announced that Robert Jones has joined the nation’s largest Pre-foreclosure Asset Manager as Vice President. In the new position, Jones will be responsible for increasing the overall effectiveness of Loan Resolution Corporation through process improvements and policy implementation. Jones will be responsible for all of the day-to-day operations of Loan Resolution Corporation, ranging from ensuring proper file set up and assignment to reviewing and submitting proposals. Jones is the main point of contact for Loan Resolution Corporation clients.

Jones brings more than 9 years of experience orchestrating operations at Irvine-based Option One Mortgage. In that role, he led multiple initiatives to drive high volume business growth through performance improvement programs, elimination of inefficiencies in call handling processes and business development strategies.

Highlights of Jones’ professional achievements include:

· Saving more than $1 million annually by implementing offshore collection and loss mitigation call centers.

· Raising annual cure and cash flow rates from 22% to 38% through a Six Sigma Black Belt project.

· Reducing staffing requirements by 15% by merging customer service, collections, and loss mitigation into one call center.

· Propelling call center loan modification volume from 50 to more than 2,450 per month by creating a new loan modification process.

As Vice President of Loan Resolution Corporation, Jones will be based in the company’s Scottsdale headquarters.

About Loan Resolution Corporation:

Founded in 2005, Scottsdale-based Loan Resolution Corporation is the nation’s leading national Pre-foreclosure Asset Manager. The company partners with mortgage servicers to provide cutting-edge, scalable solutions that reduce the cost of loss mitigation departments and increase resolutions. Loan Resolution Corporation acts as a neutral third party between homeowners and mortgage servicers to arrange short sales. The nation’s largest and longest-established short sale company streamlines the short sales process by negotiating between real estate agents and lenders and handling all of the necessary paperwork.

For additional information about Loan Resolution Corporation, please visit: www.loanresolution.com.

Media Contact:

Christopher Day

Senior Publicist

Loan Resolution Corporation

Office: (480) 455-3513

Cell: (480) 606-8255

cday@shortsalecenter.com

www.loanresolution.com

Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including change in economic conditions of the various markets the Company serves.

Christopher Day

Senior Publicist

National Short Sale Center

Cell: (480) 606-8255

Office: (480) 455-3513

cday@shortsalecenter.com

www.shortsalecenter.com

Loan Resolution Corporation by Christopher Day, Scottsdale-AZ