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Monday June 11, 10:22 am Eastern Time
Press Release

RealtyLogix(TM) Introduces Advanced Commercial Real Estate Software

ATLANTA, June 11 /PRNewswire/ -- RealtyLogix (TM) has introduced a new software suite to automate and streamline commercial mortgage portfolio risk surveillance and origination anchored by Realty RiskPro(TM) and Realty Turbo(TM). RealtyLogix provides commercial real estate risk management technologies to commercial banks, insurance companies, REITs, thrifts and pension funds.

Realty RiskPro is a comprehensive commercial real estate portfolio evaluation/risk management system that measures, on a perpetual basis, the actual risks associated with a commercial real estate portfolio. The product is built around a relational database which captures the client's unique portfolio. It then monitors and quantifies the exposure/risks of the portfolio, calculates both loan-level and portfolio loss reserves/asset impairment based on supportable documentation as well as providing credit risk reporting tools which are ideal for discussions with banking regulators, capital markets participants, auditors and boards of directors.

"The weakening U.S. economy and resulting large exposure financial institutions have to commercial real estate make Realty RiskPro an invaluable asset," said David W. Cobb, President and CEO of RealtyLogix. "Commercial real estate loans and equity investments are dynamic assets whose underlying fundamentals often change based on changes in the national economy. Financial institutions can use Realty RiskPro's state of the art risk surveillance to identify, understand and communicate the effects of such factors on a portfolio's risk."

The company's second new product, Realty Turbo, is a fully integrated commercial real estate loan origination, underwriting and processing system. This software application is extremely flexible and user friendly, facilitating the commercial mortgage loan origination process for virtually all of a bank's loan and property types. Unlike software solutions that primarily cater to conduit loans, Realty Turbo is geared to the needs of banks as portfolio lenders.

"Realty Turbo generates real time optimal loan structures tailored to each bank's unique loan underwriting guidelines," said Cobb. "Residential mortgage lenders have relied on technology to speed and simplify origination for several years. With Realty Turbo, commercial real estate lenders gain the benefits of fast and consistent answers while devoting more time to activities that drive the bottom line such as customer service and sales."

RealtyLogix is an Atlanta-based RMIC Financial Services Company that provides Commercial Real Estate risk management services to commercial banks, insurance companies, REITs, thrifts and pension funds. It is a wholly owned subsidiary of Republic Mortgage Insurance Company (RMIC), a national provider of private mortgage insurance based in Winston-Salem, NC. RMIC is a wholly owned subsidiary of Old Republic International Corporation (NYSE: ORI - news), one of the fifty largest publicly held insurance organizations in the United States, with substantial interests in major segments of the insurance industry.

For more information, contact David Cobb at 678-420-3852, write RealtyLogix at 3350 Peachtree Road, Suite 1050; Atlanta, GA 30326 or visit RealtyLogix Internet site at www.realtylogix.com.

SOURCE: RealtyLogix Inc.
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