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Bluebook International Announces SecureBASE for Lenders
          
         Accurate Automated Hazard Insurance Validation Tool
   Aids Lenders with Due Diligence, Collateral Risk & Compliance

Lake Forest, CA, March 21, 2007: Bluebook International, Inc., a leading provider of residential cost data solutions, announced today the official launch of its first-to-market Web based hazard insurance risk tool for the mortgage industry, SecureBASE Residential. 

SecureBASE Residential solves current due diligence and compliance issues about the sufficiency of hazard insurance coverage at origination, and throughout the life of the loan.  SecureBASE Residential provides the end user with accurate automated replacement cost valuations on the Web or through XML integration.  Bluebook’s replacement cost calculations are based on over 42 years researching and aggregating building and labor data in over 70,000 neighborhoods throughout the continental United States, Puerto Rico and Hawaii.    

“SecureBASE Web and XML solutions are now being utilized by the mortgage industry.” said Silvia San Nicolas, a senior Corporate Strategist for Bluebook International for the Mortgage and Secondary Markets.    “With the focus now on quality of underwriting and collateral risk mitigation, SecureBASE Residential provides a timely and cost-effective solution to meet investor hazard insurance sufficiency requirements.  Utilization of the tool provides the user with confidence that the underwriting guideline for replacement cost coverage in an amount sufficient to rebuild the home in the event of loss is satisfied.    

Noah Furie, Executive Vice President and Chief Operating Officer of LA based Budget Finance reported, "We integrated with Bluebook's SecureBASE XML solution to solve our due diligence obligations for compliance with hazard insurance coverage loan requirements.  We utilize SecureBASE during the origination process to validate the hazard insurance binder to ensure that the amount of insurance meets the requirements of our investors.  We also use SecureBASE on our loan portfolio to monitor that the sufficiency of coverage for each loan continues to comply with the ongoing loan requirements.  Integration was easy, the calculations well supported, and our investors are happy."

Jerome Coonen, CEO of Xetus Corporation, said, “Offering our lender users the ability to validate hazard insurance right from the XetusOne loan operating system platform is important to the mortgage finance transaction process.  Originating lenders need tools like SecureBASE to help them meet numerous compliance obligations when funding a loan, especially in this lending environment. Integrating Bluebook’s SecureBASE application to our loan operating system brings our clients the best cost data available at the click of a button.”