MyPrint Corporation Offers “Best in Class”
Loan Modification Program for FDIC’s IndyMac Federal Bank
Irvine, CA, November 18, 2008 - MyPrint Corporation announced today that it has been recognized by IndyMac Federal Bank as a key component to IMFB’s success in rehabilitating non-performing loans. IndyMac’s Home Loan Servicing and Loss Mitigation programs have been very well received by its customers, the FDIC, U.S Dept. of Treasury, and the banking industry. They have already helped thousands of their customers with this program, and they plan to help many more through the continued production of this program.
A major component of this program is the production of modification packages for our new Home Loan Serving and Loss-Mitigation campaigns. Myprint plays a critical role in the success of these campaigns and has gone above and beyond for IndyMac Federal Bank to ensure the success of this program.
“We are extremely fulfilled to be a core component of an extremely successful program that will keep thousands of families facing foreclosure in their homes for years to come" said Kent Barkouras, Chairman of the Board of MyPrint. “The eTools Direct Mail application was designed specifically for this type of production requirement and we are thrilled that IndyMac is pleased with the role we have played in launching this program. We hope to offer other large mortgage institutions the production component of the “IndyMac protocol” and play a critical role in their success as well.”
About MyPrint Corporation
MyPrint Corporation, headquartered in Irvine, Calif., provides national customers with unique on-demand complete business solutions, including software applications, print-on-demand, commercial printing, direct mail, fulfillment, and inventory management. MyPrint Corporation serves leading corporations throughout the United States and Canada in industries ranging from hospitality and entertainment to travel and manufacturing and has begun offering its eTools software application through a licensing model. For more information, call the Company's headquarters at (949) 261-033, or visit the Company's Web site located at www.myprint.com.
About eTools, LLC
eTools is a wholly owned division of MyPrint Corporation and offers revolutionary and innovative print management software solutions to industry leading companies in fields ranging from entertainment to manufacturing to healthcare.
The company's software applications enable the largest organizations in the world to easily manage and order branded sales and marketing materials cost effectively from a web-based portal. The software offers powerful visual catalogs, workflow and approval features and provides detailed reporting capabilities.
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