Credit Management Solutions Inc. (CMSI) Forms Partnership with Carleton

Columbia, MD, August 10, 2012 – Credit Management Solutions Inc (CMSI) , a leading provider of credit automation systems for all types of consumer lending, announced today the full integration of Carleton’s consumer lending calculation and compliance engine, SmartCalcs, into their loan origination system, Origenate. SmartCalcs combined with Carleton’s customer support will provide an enhanced option to CMSI’s clients for compliant computational accuracy.

With Origenate, lenders can utilize CMSI’s powerful decision engine to assure that each step in the process is complete and compliant. Origenate features self-documenting tracking and audit trails, identity verification, red flag rules and much more, including lender-defined rules and parameters. “Adding Carleton’s compliant calculations is a natural next step in extending our capabilities and giving lenders the best available compliance tools,” said Chip
Riordan, President and CEO of CMSI.

“Compliance and calculation accuracy are top priorities in this new regulatory environment. To meet the compliance requirements of more than 250 Consumer Lending state laws and regulations nationwide, we turned to Carleton, the most experienced in the industry for calculation accuracy and compliance support,” added Chip Riordan.

Patrick J. Ruszkowski, President and CEO of Carleton, believes the alliance with CMSI is an absolute "win win" situation for both companies. “Compliance is certainly critical to the success of any financial service provider,” he noted, “and we appreciate the opportunity to combine both of our companies’ expertise in providing a very strong loan calculation and compliance support solution within Origenate. Carleton is pleased to be working with one of the long time LOS providers in the consumer lending industry.”

About Credit Management Solutions Inc. (CMSI)

With over two decades of industry leadership, CMSI is a premier provider of advanced credit automation solutions.
CMSI solutions handle the processing and decisioning of all types of consumer credit. Using web-based, opensystems
technology, these solutions also provide integration with popular application aggregators, client web sites, major fraud and ID verification providers, and loan servicing solutions, as well as the major credit bureaus. Additionally, CMSI provides support for advanced eSignature and other electronic document technologies. The choice of many of North America’s largest lending institutions and other organizations; CMSI offers software as a service on a transaction basis or through a traditional software license. For more information, visit www.cmsinc.com or call 800-777-2674.

About Carleton, Inc.

Carleton Inc. is the country’s leading provider of financial calculation software, loan origination and compliance support, and document delivery software. Founded in conjunction with the Truth-In-Lending act in the late 1960’s, their client list has grown to include most of the major lenders, automotive finance captive companies, credit insurance companies, and loan origination software providers in the United States. Carleton Inc. is headquartered in South Bend, Indiana.