LRES September 2019 The information contained in this document is considered privileged and confidential and is being submitted to Company Name Here. for the purpose of analysis for vendor approval. Any distribution or usage of all or part of the information contained herein without the prior approval of LRES Corp. is strictly prohibited. © 2017

Who We Are LRES is a leading provider of real estate Valuation services, REO, HOA, offering a versatile suite of products designed to support residential and commercial lending and servicing operations nationwide. Our corporate vision is to Be The First Choice for our clients, vendors and team members. We hear you!

REO SERVICES - REO Disposition – Property Management – Property Preservation New Client Process New File Set Up in REO Platform Agent Assignment /Occupancy Check Redemptions Cash for Keys /Eviction Premarketing Listing Offer Negotiations Title Issues Under Contract /Closing Clients Servicers Originations Hedge Funds Private Equity Credit Unions 1) Sales qualifies leads and closes opportunity Sales’ focus should be to create new opportunities, relationships, and close deals. maintain a relationship with senior influential personnel to cross sell complete the client setup sheet and review its terms and business requirements with operations and obtain approval. negotiate terms of the deal and obtain an executed contract from the client. scheduling a boarding call with the client and performing a warm introduction   2) Operations board client, provide customer service and maintain service levels Operations will be responsible for account setup in Link or Diva, customer service, performance and scorecard reporting, and maintaining communication and the relationship with the client’s processing personnel and management.   A new position is being defined in operations to coordinate and monitor operational performance levels, and receive and resolve customer-service escalations. There will be a 90-day transitional period for operations to assume all of these responsibilities 3) Client Relations will help maintain relationships and identify organic growth opportunities  Client relations is focused on getting to know the clients’ business model, communicate monthly with the top clients that cumulatively provide 80% of LRES business, and identify cross sell and organic growth opportunities. Sales will close National Coverage Appraisers Brokers Agents Eviction Attorneys Title Closing Preservation

LRES HOA Solutions HOA Research HOA Information retrieval Ledger or Estoppel retrieval Ledger or Estoppel review Estoppel Negotiation Ongoing HOA payment support Manually research and confirm existence of HOA. If identified, provide HOA contact information. Obtain detail of HOA dues, frequency of payment, verbal information regarding any liens or delinquency status, information required to order estoppel. Contact HOA or Attorney and request ledger or estoppel. If delegated authority, we can advance funds required to obtain estoppel on your behalf. Review estoppel against state statutes to reduce risk of overpayment and reduce losses. We understand that oversight of a delinquent HOA while in REO can delay or prevent a property to be sold or transferred and costly with late fees and other expenses not being claimable. We recommend a strategy that includes validating all loans that enter REO to determine if an HOA is present and current. If not current, we can help cure the delinquency and get the loan back on track with payment support reducing late fees and ensuring no delays in the sale of the property due to a delinquent HOA. Negotiate with HOA or Attorney to reduce balance. If delegated authority, we can advance settlement funds on your behalf . Process HOA payments on your behalf, reducing risk of HOA late fees or default.

LRES Services COMMERCIAL APPRAISAL SERVICES RESIDENTIAL APPRAISAL SERVICES COMMERCIAL EVALUATION SERVICES RESIDENTIAL EVALUATION SERVICES SALES COMPARISON EVALUATION PROPERTY CONDITION REPORT REO ASSET MANAGEMENT HOMEOWNERS’ ASSOCIATION SOLUTIONS

LRES Additional Services Compliance Reports Monthly Invoicing – Accounting Business Continuity and Disaster Recovery Code violations/Vacant Property Registrations Property Preservation HUD Insured/Reverse Mortgage Claim Assistance Nationwide Vendor Database

LRES Philosophy Cradle to Grave Single Point of Contact Accountability Performance Customized to Fit Seller’s Needs One stop shop

Contact We hear you. Molly Merchant Senior REO Director 765 The City Drive South, Suite 300 Orange, CA 92868 714-872-5867 MMerchant@LRESCorp.com Northwestern Zak C. Southwestern Greg M. Geographic territories are defined in order to minimize internal conflicts and hold sales representatives accountable for contacting the targeted accounts in their region. Exceptions for accounts outside of a defined territory have and will continue to be granted based on relationships with senior level executives. Southeast Chris P. Try us today and experience the LRES difference We hear you.